Jet Airways grounds another 7 aircraft.
March 25, 2019
Jet Airways has grounded another seven aircraft, taking the number of grounded aircraft up to 55 for default of lease payments.
Similar to its previous disclosures, the company "is actively engaged with all its aircraft lessors and regularly provides them with updates on the efforts undertaken by the company to improve its liquidity. Aircraft lessors have been supportive of the company's efforts in this regard."
American Airlines cancels April flights for 737 Max
March 25, 2019
American Airlines has removed the Boeing 737 Max from its schedules through April, prompting the cancellation of thousands of flights.
The Fort Worth, Texas-based carrier has pre-emptively cancelled roughly 90 flights a day through 24 April, totalling at least 2,700 flights, as a result of the grounding, it said on 24 March.
While the FAA has not said what changes to the aircraft are needed for it to allow the Max to return to the skies, Boeing plans to release a software update developed after the Lion Air crash last October in the coming weeks. The update is expected to address issues with the Manoeuvring Characteristics Augmentation System (MCAS) that played a role in the 2018 crash.
WOW Air Discussions with Icelandair ended
March 24, 2019
Icelandic carrier Wow Air’s future appears increasingly uncertain after Icelandair Group ended newly-initiated discussions with the budget airline.
Talks with Icelandair Group, had begun, on 21 March after previous potential suitor Indigo Partners pulled out of investment negotiations.
But Icelandair Group says a possible involvement in Wow’s operations “will not materialise”.