S&P Global Ratings is weighing downgrading Boeing Co.’s credit score to junk October 8, as the company continues to suffer from the fallout of a protracted labor strike.  The credit grader estimates that the planemaker will incur a cash outflow of approximately $10 billion in 2024, due in part to costs associated with the strike. … Read more

Kenya Airways Plc, the state-controlled national carrier, wants to gain some control of the capital’s biggest airport even as authorities discuss concessions with private players to run the regional aviation hub. The Kenyan government has received a privately initiated proposal from a unit of Adani Group to revamp the airport first built in precolonial Kenya, … Read more

Boeing workers voted on the night of September 12 to strike for higher pay, halting production of the planemaker’s strongest-selling aircraft. The workers belonging to the International Association of Machinists and Aerospace Workers (IAM), Boeing’s largest union, voted 94.6% to reject the agreement, and 96% in favor of striking. In a statement released after the … Read more

Pierre Poilievre, leader of Canada’s Conservative Party.   Canada’s Conservative party chief says he stands with pilots in a labor dispute with Air Canada, as the carrier prepares to suspend flights ahead of a potential strike. Pierre Poilievre, leader of the opposition and Prime Minister Justin Trudeau’s main rival, said he would not support any … Read more

A lack of clarity over carbon credits that airlines can buy to meet their emissions obligations under a global offsetting scheme is causing confusion, according to Trafigura Group.  There has been “a lot of discussion, a lot of confusion,” over the Carbon Offsetting and Reduction Scheme for International Aviation, or Corsia, said Hannah Hauman, global … Read more

Michael Whitaker, administrator of the Federal Aviation Administration.   Boeing Co.’s quality control monitors must turn solidly green before U.S. aviation safety regulators will be convinced the planemaker can support higher production rates, and exit output limits imposed on its 737 Max jetliner.  “We have made it very clear that those metrics need to be … Read more

Boeing Co. shares rallied on optimism that a labor deal with its largest union will help the troubled U.S. aircraft manufacturer avoid a potentially crippling strike at its Seattle-area factories.   The landmark offer hammered out over the weekend includes a 25% wage increase over four years and a commitment to build Boeing’s next plane … Read more

After a part failed on one of its Rolls-Royce engines minutes after takeoff from Hong Kong on September 2, Cathay Pacific has said it identified 15 Airbus A350 aircraft that need component replacements. According to the Guardian, the airline said it expected to cancel 34 return flights through September 4, and would then announce any … Read more

U.S. airlines lobbied against plans to monitor the damage caused by airplane emissions, in a previously undisclosed meeting with the European Commission, the Guardian has reported. Minutes of the meeting obtained via freedom of information requests show lobbyists from Airlines for America and some of its member companies argued against including flights to and from … Read more

Boeing Co. chief executive officer Kelly Ortberg met with union representatives during his first week on the job and said he’s “committed to reset” the company’s relationship with workers as the U.S. planemaker heads into crucial labor negotiations in September.  Ortberg told the presidents of Boeing’s largest workers union and another labor group that he’s … Read more