FlyI, the parent of troubled Independence Air, won $19.5 million in backing from GECAS that defers some aircraft rentals until May 2006, letting it avoid a looming bankruptcy. The loss-making, low-fares regional jet operator, formerly Atlantic Coast, will return between six and 10 50-seat Bombardier CRJs as it cuts routes dramatically. Independence has begun Airbus A319 flights as it diversifies from its regional jet only strategy.
Source: Airline Business
Boeing chief executive David Calhoun thinks the company could have its 737 Max 7 and Max 10 certificated by the Federal Aviation Administration in the first half of 2025, while cautioning that the regulator will determine ultimate timing.
Boeing still aims by year-end to boost production to 38 737s and five 787s monthly, returning to output levels at which the company had said it was operating prior to this year’s production slowdown.
Longtime aerospace executive and former Collins Aerospace chief Kelly Ortberg will succeed David Calhoun as Boeing’s chief executive on 8 August.
