Avolon leases A330neo to TAP Portugal

Avolon leases A330neo to TAP Portugal

🕔10:16, 16.Jul 2019

Aircraft leasing firm Avolon has announced the delivery of one Airbus A330neo to TAP Air Portugal. The airline now has ten aircraft on lease from Avolon.

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Moderate oil prices decrease aviation credit risk, Scope research suggests

Moderate oil prices decrease aviation credit risk, Scope research suggests

🕔10:04, 16.Jul 2019

Growth in global oil demand is expected to slow, new research from Scope suggests. The report expects Brent crude to average between $60 and $70 per barrel for the second half and for full-year 2019. “Supply will increase if oil

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BOC Aviation closes Silver 2019-1 ABS offering

BOC Aviation closes Silver 2019-1 ABS offering

🕔09:55, 16.Jul 2019

BOC Aviation has closed the offering of its second asset backed securitisation (ABS) deal dubbed Silver 2019-1. The firm has signed an agreement to sell a portfolio of 17 aircraft to Silver Aircraft Lease Investment and affiliates. The firm’s latest

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Cathay Pacific and Lufthansa Group start codeshare agreement

Cathay Pacific and Lufthansa Group start codeshare agreement

🕔09:44, 16.Jul 2019

Cathay Pacific and Lufthansa Group will expand its codeshare partnership with the aim of covering services between Hong Kong and Europe. Under the agreement, Cathay Pacific will place its code on daily flights from Hong Kong to Frankfurt and Hong

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Ryanair issues base cut warning over 737 Max delays

Ryanair issues base cut warning over 737 Max delays

🕔09:34, 16.Jul 2019

Ryanair has updated its investors over the current uncertainty surrounding its Boeing 737 Max deliveries. In a show of confidence toward the Boeing 737 Max, Ryanair has re-issued its commitment to the aircraft stating that it expects it to return

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Construction work worth $2.7 billion begins at Newark Liberty Airport

Construction work worth $2.7 billion begins at Newark Liberty Airport

🕔09:03, 16.Jul 2019

Construction work on the new Terminal One at Newark Liberty International Airport (EWR), set to be worth around $2.7 billion, has been given the green light by the Port Authority. Munich Airport International GmbH (MAI) will operate as EWR Terminal

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Belavia Belarusian Airlines introduces Minsk to Munich route

Belavia Belarusian Airlines introduces Minsk to Munich route

🕔08:54, 16.Jul 2019

Belavia Belarusian Airlines has introduced a new route from Minsk to Munich, Germany. The four times weekly service, set to run on Mondays, Thursdays, Fridays and Saturdays, will be serviced by Embraer E175 jetliner.

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New strategic partnership announced for Lufthansa Consulting and German Aerospace Center

New strategic partnership announced for Lufthansa Consulting and German Aerospace Center

🕔08:50, 16.Jul 2019

Lufthansa Consulting (LCG) and the German Aerospace Center (DLR) have formed a strategic partnership. The aim of the cooperation is to translate new technologies and promising innovations developed by DLR into marketable and practical solutions, a statement said. The collaboration

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Private equity firm AGIC Capital acquires Farsound Aviation

Private equity firm AGIC Capital acquires Farsound Aviation

🕔08:45, 16.Jul 2019

Farsound Aviation has been acquired by private equity firm AGIC Capital, for an undisclosed sum. The acquisition means that Farsound Aviation will now have new resources and capabilities to continue developing and growing its supply chain. Kevin Sargent, executive chairman

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Wizz Air introduces two new services

Wizz Air introduces two new services

🕔08:29, 16.Jul 2019

Wizz Air has announced that it will launch two new services from its London Luton base to Moscow’s Vnukovo International Airport, and Pulkovo Airport in St Petersburg. Flights on the Moscow route will launch on 1 October 2019 and operate daily.

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