Airline

With airline fleets grounded, plane recyclers bet on parts boom

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With airline fleets grounded, plane recyclers bet on parts boom

MONTREAL (Reuters) – As COVID-19 grounds swaths of airline fleets, companies that profit off the dismantling and trade of aircraft parts are seeing early signs of an expected rebound in activity as carriers accelerate plane retirements.An Airbus A310 airplane with its engine removed sits on the tarmac at airplane recycling company Aerocycle in Mirabel, Quebec,…

The airline industry is ditching change fees because it’s desperate for people to fly

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The airline industry is ditching change fees because it’s desperate for people to fly

American Airlines and Delta Air Lines both said they would permanently eliminate fees associated with changing or canceling a flight. The news comes less than a day after United Airlines first announced a permanent end to its change fee policy. All three carriers have been waiving change fees since March 2020, when the novel coronavirus…