International Airlines Group has signed a letter of intent to purchase 200 of Boeing's currently grounded 737 Max jets in a deal which could be worth more than $24 billion. IAG, the parent company of ...
Lufthansa shares fell by 11.5% this morning at the open after the German flag carrier lowered its profit outlook for 2019 from €2.4-3bn to €2-2.4bn, citing price competition from low-cost rivals. In a...
The CEO of Boeing has admitted that there has been a ‘mistake’ made by the company in handling the problematic cockpit warning system in its 737 Max jets before two deadly crashes which lead to the wo...
Following the success of two previous secured deals featuring a portfolio of business jets, Global Jet Capital has launched Business Jet Securities 2019-1 asset backed securitisation (ABS). Business J...
The latest equity findings have been released by Cowen on April's International Air Transport Association (IATA) data research. Trade uncertainty continues to limit business spending as companies dela...
Flybe has announced that Christine Ourmières-Widener has decided to step down from her role as chief executive officer of Flybe Limited on 15 July. “On behalf of the entire Flybe board, I want to exte...
Airbus has raised the A220 aircraft maximum take-off weight (MTOW) by 2,268 kg (2.3 metric tonnes) and the A220 family aircraft will offer increased range starting from the second half of 2020. The ne...
Even though Ryanair has the lowest unit costs of any European airline, its costs rose significantly over its past financial year – cutting profits to €1.02 billion, a 29% decline compared to the prior...
Ryanair's full year profit has fallen 29% year on year to €1.02 billion from €1.45 billion in the previous year. The results come even though the airline posted strong traffic growth, up 7% to 139 mi...
The House Transportation Committee has asked acting FAA chief executive Daniel Elwell about the agency's oversight of the Boeing 737 Max 8's safety certification, which resulted in two fatal plane cra...
Goshawk is in the market with its first aviation asset backed securitisation (ABS) – Pioneer Aircraft Finance 2019-1. The $529 million ABS comprises three tranches of notes: $429 million A notes, rate...
With Iran threatening to “close the straits of Hormuz” if it’s shipping is harassed and the US geared-up to both block Iran oil exports and repeat the 1980s escort and cover mission for other vessels,...
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