Cebu Pacific orders two A330-300s

Cebu Pacific orders two A330-300s

🕔14:19, 29.Jul 2016

Cebu Pacific has placed a firm order with Airbus for two A330-300s. The aircraft will join an existing fleet of six A330s flying with the airline on long range flights to destinations in the Middle East and Australia, as well

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GOL appoints new CFO

GOL appoints new CFO

🕔14:15, 29.Jul 2016

Gol Linhas Aereas Inteligentes (GOL) has named Richard Lark as its new Chief Financial Officer who replaces Edmar Lopes. Lark, who was GOL CFO from 2003 to 2008, takes over the task of steering the airline through a recession in

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Cuba confirmations

Cuba confirmations

🕔14:12, 29.Jul 2016

JetBlue Airways has confirmed that it will launch scheduled commercial flights from the United States to Cuba on August 31, 2016 ahead of competitors. JetBlue will launch thrice-weekly flights between the Fort Lauderdale and Santa Clara airport, with fares starting

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Allegiant places order for 12 Airbus A320ceo aircraft

Allegiant places order for 12 Airbus A320ceo aircraft

🕔14:05, 29.Jul 2016

Allegiant Travel Company has signed a purchase agreement for 12 Airbus A320ceo (current engine option) aircraft. This deal marks the first time the low-cost airline has purchased new aircraft from any manufacturer. Each will be powered by CFM56 engines. Allegiant‘s

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UKEF new man at the top of aviation

UKEF new man at the top of aviation

🕔14:01, 29.Jul 2016

Pat Cauthery has just been announced as Gordon Welsh’s replacement as Head of Aviation at UKEF – we wish him well.

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Aviation closes sale-leaseback with VietJet on one A321

Aviation closes sale-leaseback with VietJet on one A321

🕔13:31, 29.Jul 2016

Aviation has closed an A321-200 sale and leaseback with VietJet on a long term operating lease. This is the second such transaction between the two and brings the Aviation fleet to 39. Crédit Agricole CIB arranged the senior secured commercial

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IAG hit by weak GBP

IAG hit by weak GBP

🕔13:22, 29.Jul 2016

British Airways stated that currency movements cost it €148m (£124m) in the latest quarter of trading, due to the weak pound. IAG reported underlying operating profits of €555m for Q2 2016 (April-to-June), up from €530m for Q2 2015. IAG said

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Castlelake’s third ABS rated; prices next week

Castlelake’s third ABS rated; prices next week

🕔13:11, 29.Jul 2016

Castlelake is in the market with its third aircraft asset backed securitisation (ABS). The $916 million Castlelake Aircraft Securitization Trust 2016-1 (CLAS 2016-1) is a three-tranched ABS secured on a portfolio of 52 aircraft and one engine with an initial

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BOC Aviation places two new A321s with JetBlue

BOC Aviation places two new A321s with JetBlue

🕔20:07, 28.Jul 2016

BOC Aviation has placed two new Airbus A321 aircraft with JetBlue Airways, the second time the company has placed aircraft from the A320 family with the American carrier. The aircraft will be delivered later this year. “We welcome this order

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Malaysia Airlines orders 50 Boeing 737 MAXs

Malaysia Airlines orders 50 Boeing 737 MAXs

🕔20:07, 28.Jul 2016

Malaysia Airlines Berhad (Malaysia Airlines) has ordered 50 737 MAX aircraft, comprising 25 firm orders and 25 purchase rights. The deal is valued at $5.5 billion dollars at current list prices and deliveries will commence in 2019. “This deal is

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