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Search: Posts Made By: TexasMooney
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23rd Mar 2020, 04:20
Replies: 11
Views: 8,840
Posted By TexasMooney

SIA to Cut 96% of Capacity

Singapore Airlines and SilkAir to cut 96% of capacity grounding 138 of its 147 planes. Low-cost unit Scoot subsidiary will also ground 47 of its fleet of 49 aircraft - Straits Times
6th Feb 2020, 04:55
Replies: 1
Views: 1,122
Posted By TexasMooney

WSJ is reporting that Bombardier has been in...

WSJ is reporting that Bombardier has been in talks for several weeks to sell their business jet division to Textron. The move is driven by multi-year slumping industry demand for biz jets. Textron...
6th Feb 2020, 04:44
Replies: 1
Views: 925
Posted By TexasMooney

Bombardier in Talks to Sell Business-Jet Unit to Textron-WSJ

More consolidation in the biz jet segment driven by prolonged industry sales slump. Opportunities to cut cost - cut extra C suite, duplicate engineering, sales, etc. Textron avoids development costs...
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