Other Industry News
As LATAM went hunting for cash to see it through bankruptcy it leaned on old friends. But when it comes time to convert the debt to equity, restoring ownership for Delta, Qatar and the Cueto family, the deal proved a bit too sweet for the US Bankruptcy Court to accept.
Why is JetBlue planning two dozen new routes this winter in markets that, a year ago, would have been unthinkable? To quote infamous bank robber Willie Sutton, "Because that's where the money is." At least, that's what JetBlue hopes. Head of Revenue and Planning Scott Laurence explains that the moves "advance our revised network strategy, return more aircraft to the skies and double down on our ability to generate more cash sooner."
When Delta Air Lines announced a massive deal three years ago to bring the A321neo into its fleet the planes were just a part of the news. The maintenance support opportunity associated with the contract is huge, and Delta TechOps took a major step forward on that front late last month, completing the first comprehensive maintenance visit of a PW1100G-JM engine.