A booming aviation market, demand for air travel increasing at an annual average rate of more than 5% per year, dozens of new airlines, all these are fertilising the growth of the industry as never before.
LOT Polish Airlines Boeing 787-800, performing flight from Mexico to Poland, was enroute over the Atlantic Ocean when the crew needed to shut one of the engines down.
AAR Corp. is facing staffing pressure and could increase wages to help retain and attract enough mechanics at its MRO shops—a move that would increase costs for customers.