Aircraft Sales

Tesla Halves UK Lease Fees Amid Sales Slump: Report

Tesla almost halves UK monthly lease fee as sales slump, The Times reports. Well, that’s certainly a headline that grabs your attention, doesn’t it? It seems like the electric vehicle market is facing some headwinds in the UK, particularly for Tesla, if we’re to believe the reports. A significant drop in sales – around 60% in July, to be precise, with the Society of Motor Manufacturers and Traders (SMMT) data backing that up – is leading Tesla to make some pretty drastic moves, like slashing those monthly lease fees.

The interesting thing is that this isn’t happening in a vacuum. Overall new car registrations in the UK also dipped in July, though the decline was only about 5%.… Continue reading

Boeing’s China Trade War Losses: Planes Grounded, Jobs at Risk

In response to escalating trade tensions, China has directed its airlines to halt the acceptance of new Boeing jets, impacting at least three aircraft currently in Zhoushan. This action, confirmed by flight tracking data, follows reports of Beijing’s broader request for a suspension of US aircraft parts and equipment purchases. President Trump publicly criticized China for this move, which affects approximately 130 Boeing aircraft previously ordered by Chinese customers. The first Boeing 737 Max, originally destined for Xiamen Air, has since been rerouted back to the US.

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