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AerCap reports 2018 results; begins new share repurchase program

AerCap reports 2018 results; begins new share repurchase program

🕔11:17, 14.Feb 2019

AerCap has reported net income of $232.6 million for the fourth quarter of 2018 compared with $266.3 million for the same period in 2017. Net income was $1,015.6 million for the full year 2018, compared with $1,076.2 million for 2017.

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Amedeo cancels A380 order

Amedeo cancels A380 order

🕔11:14, 14.Feb 2019

Amedeo and Airbus has agreed a termination of the lessor’s purchase agreement with Airbus for 20 A380s. Amedeo says that it is in “discussions regarding other commercial options”. In a statement issued today, Amedeo opines that the cancellation of the

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LOT to fly to Bucharest and Brussels

LOT to fly to Bucharest and Brussels

🕔11:03, 14.Feb 2019

LOT will take off from Budapest and fly to two additional cities in Europe – Brussels and Bucharest. Starting from 2 September 2019 flights to Brussels and Bucharest will be operated up to twice a day (twelve times a week)

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Ryanair launches 2019 customer care improvements

Ryanair launches 2019 customer care improvements

🕔11:02, 14.Feb 2019

Ryanair has unveiled its 2019 customer care improvements, which aside from a price promise on low fares, the airline is promoting its punctuality record, the comfort of its new Max aircraft, and a new customer care charter that promises to

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IATA calls on US government, industry, to work together to grow aviation’s benefits

IATA calls on US government, industry, to work together to grow aviation’s benefits

🕔10:57, 14.Feb 2019

The International Air Transport Association (IATA) has urged the United States government and industry to work together to ensure that aviation is able to accommodate an expected 62% rise in demand for air travel to, from and within the country

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STAR Capital to buy ASL

STAR Capital to buy ASL

🕔10:46, 14.Feb 2019

STAR Capital Partnership (STAR Capital) is to acquire ASL Aviation Holdings, the Dublin-based aviation services provider, which operates multiple airlines. ASL’s airlines operate scheduled and charter flights under their own brands and operate passenger and cargo networks on behalf of

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easyJet confirms Alitalia interest

easyJet confirms Alitalia interest

🕔10:44, 14.Feb 2019

EasyJet has confirmed it is in talks over a possible acquisition of Italian airline Alitalia. In a statement this morning, the UK airline said: “Following submission of easyJet’s non-binding expression of interest in a restructured Alitalia in October 2018, easyJet

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Thank you and goodnight

Thank you and goodnight

🕔10:40, 14.Feb 2019

The A380 program will now shutter upon the final Emirates delivery in 2021. This brings to an end little over 15 years of production. I can recall when crowds lined the banks of the A1 outside Paris to catch a

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Avolon reports annual performance for 2018

Avolon reports annual performance for 2018

🕔16:49, 13.Feb 2019

During 2018, Avolon generated lease revenue of $2.6bn, an increase of 10% year on year, with profits up by 30% to $717 million for the fiscal year. Total assets stand at $27.153bn. At year end, Avolon reports that it had

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German group acquires stake in Blue Air

German group acquires stake in Blue Air

🕔16:45, 13.Feb 2019

German Zeitfracht Group is reported to have bought a 10% stake in Romanian carruer, Blue Air. Blue Air, established in 2004, is a pan-European air operator with bases in Romania, Cyprus, Italy, and the UK. In 2018, Blue Air became

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