Air Lease Corporation announced the delivery of one new Airbus A320-200neo aircraft on long-term lease to Atlantic Airways, the national carrier of the Faroe Islands. Powered by CFM International LEAP...
Austrian carrier LEVEL Europe - part owned by IAG, which operates separate long-haul airline LEVEL - has ceased trading with immediate effect and has entered insolvency. The company disclosed to custo...
Support for research and development is a critical part of France’s recently announced €15 billion package for its aeronautical sector as the country’s government looks to use the COVID 19 crisis to d...
Despite the recent collapse in passenger demand globally due to COVID 19, and questions over current aircraft values, the long-term fundamentals mean that aircraft remain an investable asset, accordin...
SAS is looking for a total SEK 12.5 billion ( $1.3 billion) as part of a recapitalisation plan just weeks after signing the deal with the Danish and Swedish governments for SEK3.3 billion, and the thi...
United Airlines has secured an additional $5 billion in a transaction backed against its MileagePlus loyalty programme, which when added to its previously announced credit facilities and CARES Act cas...
IAG plans announced early in May to reduce the size of its fleet over the next two years is “drastic” in comparison with other major carriers, according to an equity analyst note by Jefferies. Jefferi...
As part of broader cost series of cost-cutting measures Airbus’ has scaled back ambitions for its wholly-owned Skytra derivatives trading venue, which aimed to provide hedging services to airlines for...
The Council of the EU has relaxed the EU position on the reference period to be used for measuring the growth of CO2 emissions in international aviation, to take account of the COVID 19 drop in air t...
The UK’s Department for Transport has published new aviation guidance, setting out measures operators should put in place to protect staff and passengers. The guidance, produced by the government’s In...
On June 4, Spirit AeroSystems received a letter from Boeing asking it to pause additional work on four 737 MAX shipsets and avoid starting production on sixteen additional units due for delivery in 2...
EasyJet has announced six new routes due to operate from London Luton Airport next summer with the addition of Zakynthos in Greece, Larnaca, Cyprus, Fuertevenura and Gran Canaria in the Canary Islands...
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