Russia flag carrier Aeroflot is eligible for up to $106.8 million in state aid as part of a package according to calculations from Reuters. In the document published on Wednesday, Russia issued an ord...
The recent dramatic fall in oil prices saw Singapore Airlines record a $710 million mark-to-market loss on its fuel hedging programme in the first quarter, a figure just shy of the carrier’s net fuel...
Korean Air is looking to raise $1.8 billion in fresh capital from a combination of issuing new shares and government aid as it seeks to navigate the challenges of Covid-19. The carrier will issue 79 m...
Qatar Airways is following its moves to reduce headcount by entering into talks with OEMs over delaying the delivery of a number of airplanes on order, according to a report in the South China Morning...
MTU Maintenance, the aero engines specialists has renewed its exclusive GE90-110B contract with Aerologic by a further twelve years. The contract encompasses multiple aspects of MTU Maintenance’s PERF...
Brazilian carrier GOL intends to return a total of 18 leased aircraft over the course of 2020, according to investor update released today ahead of the firm’s results later this month. GOL has so far ...
Mitsubishi Heavy Industries May 11 decision to postponing its SpaceJet regional airliner program was due to the impact of COVID 19, according to Nicolas Jouan, Aerospace and Defense Analyst at Global...
The International Air Transport Association (IATA) released new analysis showing that the damage to air travel from COVID-19 extends into the medium-term and the industry group says that quarantine me...
Standard Chartered Aviation Finance has closed the purchase and leaseback of six Airbus A321-200 aircraft, built in 2019 and 2020, with Delta Air Lines. The US deal was structured, financed and arrang...
Standard Chartered Aviation Finance has closed the purchase and leaseback of ten Boeing 737-800 aircraft (built in 2018) with Southwest Airlines. The aircraft are powered by CFM56 engines. The deal w...
United Airlines decision to pull out of a proposed $2.25 billion private offering due to investors asking for higher than expected yields could be revisited secured against a different pool of assets,...
Allegiant Air will look for bargains among the post-COVID 19 aviation landscape as the Las Vegas-based LCC plots its futures after it posted a $33 million Q1 loss versus a $57.1 million profit for the...
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