The collapse of the $700 billion bailout of the US financial system is bad news for aviation. The capital markets were already driving up pricing on debt and driving out many lending institutions from the aviation market. Airbus… Read More
Update, October 2: Here’s a new twist. An Australian newspaper reports that Virgin Blue may seek damages from Boeing and the IAM over the strike-induced delays of the 777s the airline wants. We think Boeing’s customer contracts preclude… Read More