IATA: Stable passenger demand growth in November

IATA: Stable passenger demand growth in November

🕔17:13, 14.Jan 2020

The International Air Transport Association (IATA) announced global passenger traffic results for November 2019 showing that demand (measured in revenue passenger kilometers or RPKs) rose 3.3% compared to the same month in 2018. This was unchanged from October’s result and

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Finnair Traffic Performance in December 2019

Finnair Traffic Performance in December 2019

🕔17:11, 14.Jan 2020

Finnair passenger load factor improved in December 2019 year-on-year and annual number of passengers reached new all-time high with 14.7 million and 10.3% growth   In December, Finnair experienced strong demand and carried 1,154,000 passengers, 11.7% more than in the corresponding

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Norwegian reports higher unit revenue, better on-time performance and lower CO2-emissions in 2019

Norwegian reports higher unit revenue, better on-time performance and lower CO2-emissions in 2019

🕔17:10, 14.Jan 2020

Norwegian’s traffic figures for 2019 show that the company’s planned capacity reduction and optimisation of the route network have had a positive impact on the figures. In 2019, the capacity, in terms of seat kilometre, was 1 percent higher than

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Embraer E-Jets return to Eastern Airways’ Fleet

Embraer E-Jets return to Eastern Airways’ Fleet

🕔17:03, 14.Jan 2020

UK regional airline, Eastern Airways, is re-entering the E-Jet market during January with the initial return of the Embraer 170 aircraft type to its fleet. The airline says that it is seeing significant growth in the ad-hoc charter market for

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Reduction of APD discussed by UK government

Reduction of APD discussed by UK government

🕔17:01, 14.Jan 2020

The UK government is reported to be considering cutting air passenger duty (APD) on some or all domestic flights to assist regional airline Flybe, which has requested relief on its existing passenger duty bill. The regional UK airline, which was

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Wesco Aircraft merges with Pattonair

Wesco Aircraft merges with Pattonair

🕔15:49, 9.Jan 2020

Wesco Aircraft, a distributor and provider of comprehensive supply chain management services to the global aerospace industry, has been acquired by an affiliate of Platinum Equity in a transaction valued at approximately $1.9 billion. At closing, Wesco Aircraft was combined

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Avolon closes $1.75bn senior unsecured notes offering

Avolon closes $1.75bn senior unsecured notes offering

🕔15:46, 9.Jan 2020

Avolon has closed a $1.75 bn private offering, comprising $1.1 billion of 2.875% senior unsecured notes due 2025 and $650 million of 3.25% senior unsecured notes due 2027. The notes are fully and unconditionally guaranteed by Avolon, and by certain

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