Korean investors retain widebody, tier one airline focus, but portfolio deals will grow in popularity

Korean investors retain widebody, tier one airline focus, but portfolio deals will grow in popularity

🕔10:26, 21.Feb 2017

The second day of the Airline Economics Growth Frontiers Korea conference opened with a fascinating insight into the Korean investor market. Four investors shared their views on aviation as an asset class, emphasising the growing interest in the sector in

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Vietjet revenue tops RM5.38 Billion in 2016

Vietjet revenue tops RM5.38 Billion in 2016

🕔16:56, 20.Feb 2017

Vietjet continued to post positive growth throughout 2016 with a revenue of RM5.38 billion (USD1.21 billion) and a profit of RM467 million (USD105 million). With its commitment to addressing the increasing demand for air-travel, the airline also achieved a load

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Juneyao Airlines finalizes order for five 787-9 Dreamliners

Juneyao Airlines finalizes order for five 787-9 Dreamliners

🕔16:49, 20.Feb 2017

Juneyao Airlines has finalized an order for five 787-9 Dreamliners, valued at about $1.32 billion at current list prices. This new order, which also includes options for five more 787-9s, represents the Shanghai-based private airline’s first Boeing order and first

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Aircraft finance partner Deepak Reddy joins Winston & Strawn

Aircraft finance partner Deepak Reddy joins Winston & Strawn

🕔16:47, 20.Feb 2017

Deepak Reddy has joined Winston & Strawn LLP as a partner in the firm’s Transportation Finance Practice of the New York office. Reddy’s practice is concentrated in the aircraft finance arena, representing aircraft operating lessors, investment funds, and other financial

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Bombardier reports fourth quarter and full year 2016 results

Bombardier reports fourth quarter and full year 2016 results

🕔16:40, 20.Feb 2017

On a consolidated basis, Bombardier exceeded its 2016 guidance range for EBIT before special items; improved its year-over-year cash performance by $778 million; and delivered approximately 200 basis points of margin improvement at its Transportation, Business Aircraft and Aerostructures segments.

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Boeing Debuts 787-10 Dreamliner

Boeing Debuts 787-10 Dreamliner

🕔16:39, 20.Feb 2017

Boeing’s 787-10 Dreamliner, the third member of the 787 Dreamliner family, made its debut on February 17, 2017 at Boeing South Carolina. Thousands of employees at the North Charleston, S.C. site celebrated the event, along with U.S. President Donald Trump

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AEI signs LOI with Avmax for eight CRJ200SF freighter conversions

AEI signs LOI with Avmax for eight CRJ200SF freighter conversions

🕔12:39, 20.Feb 2017

Aeronautical Engineers, Inc. (AEI) has signed a Letter of Intent to provide a minimum of eight CRJ200 freighter conversions to Avmax, which currently owns 65 CRJ200 aircraft. The LOI calls for the freighter conversions to commence in late 2017. As

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STS Aviation Group forms strategic alliance with Cannon Aviation; launches STS Repair and Modification

STS Aviation Group forms strategic alliance with Cannon Aviation; launches STS Repair and Modification

🕔12:37, 20.Feb 2017

STS Aviation Group has formed a new corporate division focused on delivering aircraft repair and modification services. The new division is aptly named STS Repair and Modification, and it is built around an existing team of aircraft maintenance technicians and

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Boeing issues $900million senior unsecured notes

Boeing issues $900million senior unsecured notes

🕔12:26, 20.Feb 2017

Boeing has issued $900 million of senior unsecured notes in three tranches, with maturities of 2022, 2027, and 2047. Proceeds will be used for general corporate purposes, but proceeds may be considered a partial refinancing of the approximately $400 million

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APA files no confidence vote in Doug Parker

APA files no confidence vote in Doug Parker

🕔12:11, 20.Feb 2017

Last week the Allied Pilots Association passed a no-confidence vote in American Airlines Chairman and CEO Doug Parker, stating that the airline’s management had failed to implement the pilots’ contract signed in 2015 and is dragging its feet on pilot

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