Volaris, the Mexican low cost carrier, has signed a purchase agreement for 44 new A320 narrowbody aircraft from Airbus worth about $3.9 billion, marking the largest order for new planes ever placed by a Mexico-based airline.
The largest commercial aircraft ever built in the United States, Boeing's 747-8 Freighter, made its maiden flight today, marking an important step forward in manufacturer's groundbreaking, but aging, 747 product line.
Citing a global decline in demand for its chartered cargo and passenger transport services, NYC Aviation has learned Georgia-based Global Aviation Holdings tonight filed for Chapter 7 bankruptcy protection.