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Leasing firm seeks earlier return of 10 Avianca Brasil planes 01/18/2019
Aircastle Ltd will try to repossess 10 planes from Avianca Brasil before the Feb. 1 expiration of a 15-day stay on repossessions from the struggling airline, a representative of the U.S.-based aircraft leasing firm said on Friday.
Brazil aviation regulator will no longer ground 10 Avianca Brasil planes 01/18/2019
Brazil's aviation regulator ANAC said on Friday it would no longer ground 10 planes operated by Avianca Brasil, which represented 20 percent of the struggling carrier's fleet.
Tesla cuts jobs as it looks to make Model 3 more affordable 01/18/2019
Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 percent.