Alaska Airlines' $1.9bn acquisition of Hawaiian Airlines has been approved by the US Department of Transportation (DOT) on September 17, 2024.The DOT issued an order to grant exemption relating to the...
With Boeing factory workers rejecting a pay offer from the OEM and opting instead for strike action, Boeing may move closer to the workers' initial demands, an analyst said. Some 96% of Seattle- and P...
Boeing's US west coast factory workers have walked out on early Friday, September 13, after 96% voted in favour of strike action the previous day. The workers based in Seattle and Portland produce the...
Apollo PK AirFinance has launched its third aviation loan asset backed securitisation (ABS) with the $633 million PK AIRLIFT Loan Funding 4 (PKAIR 2024-2). PKAIR 2024-2 – the second loan ABS from PK...
London, September 10, 2024 — Last night, Airline Economics hosted the prestigious third annual Airline Economics Sustainability Awards and the fourteenth European Aviation 100 Awards at the historic G...
Wizz Air will begin its first A321XLR route on March 31, 2025, CEO Jozsef Varadi said at a press conference on September 10, 2024. Not to be confused with its previously announced XLR-operated Milan t...
Boeing has reached a tentative agreement with its machinists union on September 8, 2024. Some 33,000 workers based in the US west coast are represented by the International Machinists Union (IAM) Dist...
The European Union Aviation Safety Agency (EASA) has ordered mandated inspections on the A350-1000 fleet powered by the XWB-97 engines. It follows a midflight engine fire on a Cathay Pacific A350 flig...
JetBlue raised its third quarter revenue guidance on September 5, 2024. Strong summer bookings coupled with the IT outages impeding on its competitors' operations had driven the stronger revenues. Cur...
AerCap priced a jumbo bond on September 3, 2024. The issuance consists of $1.3bn of 4.625% senior unsecured notes due 2029 and $1.1bn of 4.950% senior unsecured notes due 2034. The 2029 notes are pric...
Cathay Pacific has grounded its A350 fleet following an engine component failure. It is speculated to be related to the fuel nozzle. It has identified 15 aircraft with affected components - three of w...
AviLease successfully raised a $2.5bn five year unsecured term facility. The facility is structured into two parts consisting of a conventional facility of $1.73bn and a Sharia'ah compliant facility o...
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