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Editorial Comment

Hong Kong Airlines to continue operations after receiving cash injection

Hong Kong Airlines to continue operations after receiving cash injection

🕔11:55, 6.Dec 2019

Following the ultimatum issued by the government to Hong Kong Airlines to find a cash injection to pay its employees by 7 December or risk losing its operating license, the airline has found the sufficient capital to continue operations.  While

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United Airlines looks to retire B757-200 with purchase of 50 A321XLR

United Airlines looks to retire B757-200 with purchase of 50 A321XLR

🕔10:29, 4.Dec 2019

United Airlines is set to purchase 50 new Airbus A321XLR aircraft as it looks to replace and retire its existing fleet of Boeing 757-200 aircraft. United expects to introduce the aircraft into international service in 2024, allowing the airline to

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SAA on brink of financial collapse

SAA on brink of financial collapse

🕔12:36, 28.Nov 2019

South African Airways (SAA) is on the verge of financial collapse following its failure to pay its staff, as the airline struggles to gain the funds in order to avoid its demise. South Africa’s flag carrier needs to secure approximately

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FAA tells Boeing it will be sole issuer of airworthiness certificates for grounded MAX

FAA tells Boeing it will be sole issuer of airworthiness certificates for grounded MAX

🕔12:21, 27.Nov 2019

Boeing has been told by the US Federal Aviation Agency that it will be the sole issuer of airworthiness certificates for all new 737 MAX jets, according to a report by Reuters. In a letter reportedly sent to Boeing, the FAA has

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Boeing-Embraer joint venture gains Chinese antitrust approval

Boeing-Embraer joint venture gains Chinese antitrust approval

🕔11:07, 22.Nov 2019

A Chinese antitrust regulator has approved the joint venture between Boeing and Embraer. The deal, which would see Boeing buy a controlling stake in the commercial jet division of Embraer, has been “approved unconditionally,” according to a statement on the

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STARR III ABS

STARR III ABS

🕔11:38, 19.Nov 2019

GECAS is out with the third asset-backed securitisation in its STARR series. STARR 2019-2 (STARR III) is offered as a $446.337million three tranche debt portion as well as an e note tranche. The debt portion comprises: $355.047 million A-rated A

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South Korea grounds 737NGs with ‘pickle fork’ cracks as FAA expands inspections

South Korea grounds 737NGs with ‘pickle fork’ cracks as FAA expands inspections

🕔12:35, 14.Nov 2019

The US Federal Aviation Administration (FAA) has published an airworthiness directive requiring that Boeing 737NGs, which have completed 30,000 flight cycles, be re-inspected on its hardware known as pickle forks. Under the directive, carriers must inspect 737NGs that have completed

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Boeing customers swap grounded MAX for Airbus

Boeing customers swap grounded MAX for Airbus

🕔11:09, 13.Nov 2019

Boeing has seen some of its customers swap grounded 737 MAX planes in favour of those made by its European rival Airbus as doubts still occur regarding the MAX’s re-entry into service. The US planemaker’s orders for the year so

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ALC closes Thunderbolt III

ALC closes Thunderbolt III

🕔11:23, 12.Nov 2019

Air Lease Corporation (ALC) has closed Thunderbolt III Aircraft Lease (Thunderbolt III) asset-backed securitisation transaction with the sale of 19 aircraft into the newly formed entity.  The aircraft comprise a mix of narrowbody and widebody jet aircraft that, as of

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IAG signs €1 billion purchase agreement for Spain’s Air Europa

IAG signs €1 billion purchase agreement for Spain’s Air Europa

🕔07:28, 5.Nov 2019

IAG has signed an agreement to purchase Spanish carrier Air Europa for €1 billion. The airline, which IAG said has plans to turn its Madrid base into a “true rival to Amsterdam, Frankfurt, London Heathrow and Paris Charles De Gaulle”,

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