Icelandair has announced a firm order for 16 737 MAX airplanes, valued at more than $1.6 billion at list prices. The order, originally announced as a commitment for 12 airplanes in December 2012, has ...
The agreement includes technical fleet management services, component repair, and availability via dedicated logistics support, access to AFI KLM E&M's dedicated regional A330 spares pool, and the sup...
Pakistan International Airlines has launched a tender for the sale of 29 engines – 17 General Electric CF6-50C2/E2 engines, 11 Rolls-Royce Dart 532-7E engines and one CF6-50C2 serviceable zero time ou...
Avianca, the Colombia-based airline, has taken delivery of its first Sharklet equipped A320 becoming the first Latin American carrier to take benefit of the new fuel-saving wing-tip devices. The A320,...
Operating profit at Grupo Aeroméxico has fallen by 32.2% to MXP2.5 billion ($197.1 million), although revenue increased by a record 10.5% to MXP39.5 billion. Net income was down 25.3% to MXP1.3 billio...
Bahrain Air has shut down operations and intends to sell its assets after struggling with debt and tough competition. All Bahrain Air flights have been canceled. The carrier has blamed the government ...
Air Namibia is preparing to present a rescue plan to the Cabinet treasury committee on the short- and long-term viability of the national carrier. The government allocated an amount of N$822 million t...
SAA’s planned R1.5 billion debut bond issuance will be backed by a government guarantee. The sale is planned for March to take advantage of near record low yields. Because SAA has already borrowed R1....
Sheikh Ahmed bin Saeed Al Maktoum, chairman of FlyDubai, has indicated that the low-cost carrier is in talks with Boeing and Airbus concerning a possible order for 50 narrow-body aircraft. An announce...
It has been reported that Cargolux wants to delay delivery of its 747-8 freighters and will not be converting any options to firm orders. The cargo carrier intended to still take the remaining six air...
The board of the Export-Import Bank of the United States (Ex-Im Bank) has agreed to guarantee a $500million loan from Apple Bank to OJSC VEB Leasing (VEBL) to fund a fleet of 777 aircraft to be operat...
3,807 jobs in the airline are affected. There will now be a 30 day consultation process. This changes are part of Iberia's transformation plan to “introduce permanent structural changes across the air...
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