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UK CAA begins enforcement action against Ryanair

UK CAA begins enforcement action against Ryanair

🕔22:50, 5.Dec 2018

The UK Civil Aviation Authority (CAA) has started enforcement action against Ryanair, following the airline’s decision that financial compensation is not payable under European Commission Regulation 2612004 for flight disruption resulting from industrial action by the airline’s staff this summer.

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THY funds three 737 Max 8s using AFIC-backed loans combined with French structured leases

THY funds three 737 Max 8s using AFIC-backed loans combined with French structured leases

🕔22:49, 5.Dec 2018

Turkish Airlines (THY) has funded three 737 Max 8 aircraft using three separate 10-year Aircraft Finance Insurance Consortium (AFIC)-supported loans, which were combined with a French Structured Lease. The loans were structured with AFIC Non-Payment Insurance (ANPI) cover under the

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Japanese ministry of transport inspects Skymark Airlines

Japanese ministry of transport inspects Skymark Airlines

🕔22:13, 4.Dec 2018

The Japanese transport ministry has conducted an on-site inspection of Skymark Airlines after a pilot tested positive for alcohol before a flight and caused a delay last month. The ministry had already inspected All Nippon Airways and Japan Airlines over

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Frontier aircraft in emergency landing

Frontier aircraft in emergency landing

🕔22:11, 4.Dec 2018

A Frontier A320 flight, from Las Vegas to Tampa, Florida, on November 30, was forced to return to the airport and make an emergency landing after the cowling broke off one of the engines. There were no reported injuries. In

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ACG closes $800 million senior unsecured notes offering

ACG closes $800 million senior unsecured notes offering

🕔22:10, 4.Dec 2018

Aviation Capital Group (ACG) has closed the sale of $800 million aggregate principal amount of senior unsecured notes, consisting of $300 million 4.375% senior unsecured notes due 2024 and $500 million floating rate senior unsecured notes due 2021. ACG intends

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ERA calls for immediate air transport agreement to keep skies open

ERA calls for immediate air transport agreement to keep skies open

🕔22:09, 4.Dec 2018

ERA (European Regions Airlines Association) has sent a letter to the European Commission urging it to take necessary measures in advance of the UK leaving the European Union. The letter highlights the need to prevent serious harm to European connectivity

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Air Astana takes delivery of its first E190-E2

Air Astana takes delivery of its first E190-E2

🕔22:06, 4.Dec 2018

The first new generation Embraer E190-E2 for Air Astana arrived at Nursultan Nazarbayev International Airport in Astana yesterday, following ferry flights from the manufacturer’s factory in São José dos Campos, Brazil. This is the first of five Embraer E2 aircraft

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Ryanair November traffic rises 11%

Ryanair November traffic rises 11%

🕔22:04, 4.Dec 2018

Ryanair’s November passenger traffic grew 11% to 10.4 million with a 96% load factor.  Ryanair traffic grew 8% to 10.1 million customers (96% load factor), while Laudamotion traffic was 300,000 customers and a 93% load factor. Ryanair’s Kenny Jacobs said:“We

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Wizz Air November traffic grows by 11%

Wizz Air November traffic grows by 11%

🕔22:01, 4.Dec 2018

In November 2018, Wizz Air continued to grow its network, with passenger numbers up by 11.2% to 2.4 million compared to the year-ago period, which was on the back of a 7.7% rise in capacity (seats). The airline’s load factor

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DAE launches Kestrel 2018-1 ABS

DAE launches Kestrel 2018-1 ABS

🕔21:59, 4.Dec 2018

Dubai Aerospace Enterprise (DAE) has launched its third asset backed securitisation (ABS), which is secured on a portfolio of 18 aircraft – seven A320-200s, four 737-800s two A319-100s, two ATR 72-600s, one A330-200, one A330-300 and one A321-200 – with an

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