Spanish flag carrier Iberia has rescheduled orders of 11 A320neos and 13 A350s as well as announcing the accelerated retirement of its entire A340-600 fleet. Iberia hasn’t announced details of the new...
IAG plans announced early in May to reduce the size of its fleet over the next two years is “drastic” in comparison with other major carriers, according to an equity analyst note by Jefferies. Jefferi...
Turning into the third quarter of 2020 and with the coronavirus lockdown restrictions, airlines and lessors are seeking to raise fresh funds. Southwest Airlines is in the market with an $1.8 offering ...
SMBC Aviation Capital’s successful negotiation to delay the delivery of 68 Boeing MAXs until 2025-2027 is the right outcome for both the lessor and the US airframe maker, said chief executive Peter Ba...
Following weeks of negotiation the German government is taking a 20% equity stake in Lufthansa as part of a €9 billion bailout of the carrier by the country’s Economic Stabilization Fund (WSF). The WS...
BA is splashed across the front pages today with the announcement yesterday that it plans to shed 12,000 jobs (see European, Airline News below). The unions are claiming that BA has “jumped the gun” a...
British Airways (BA), owned by parent International Airlines Group (IAG), has formally notified its unions of a proposed restructuring and redundancy programme, which could result in the redundancy of...
Over the weekend Boeing ended its merger agreement with Embraer, leading to the Brazilian airframe manufacturer vociferously denying Boeing’s claims that it failed to meet its obligations. Litigation ...
On Saturday April 25, Boeing confirmed that it had terminated its Master Transaction Agreement (MTA) with Embraer, under which the two companies had sought to establish a joint venture comprising Embr...
GE Capital Aviation Services (GECAS) and Boeing have announced a mutual agreement to restructure the lessor’s skyline orderbook for 737 MAX aircraft. While the details of the agreement are confidentia...
Graham Tyler, Co-Global Head of Asset Finance, and Rakhi Savjani, Counsel, at Pillsbury law, discuss how to maintain dialogue with customers during the COVID-19 crisis. The aviation sector is currentl...
The air cargo market is not only one of the few silver linings in the aviation sector right now, and the prospect of surplus passenger aircraft should provide feedstock at an economic price for P2F co...
We're Social