The aftermath of the closure of the UK airspace has continued to be felt as passengers remain delayed overseas, and flights are cancelled. As the effects of the ATC outage continue to be felt across t...
AviLease, the new aircraft leasing company from the Kingdom of Saudi Arabia, has acquired a portfolio of 122 aircraft from Standard Chartered along with its aviation platform for a total consideration...
The aviation industry has recovered rapidly from the depths of the global pandemic, with traffic levels only a shade away from the highs of 2019. Aviation companies are still dealing with the debt bur...
Delta Air Lines, Certares Management – a travel industry investment specialist – and turnaround investment firm Knighthead Capital Management, have agreed to an expanded partnership with Wheels Up Exp...
Dubai Aerospace Enterprise (DAE), via an affiliate, has signed a definitive agreement to acquire the rights, interests, and obligations of a portfolio of 64 Boeing 737 MAX aircraft from a wholly-owned...
On July 28, all CFM56 MRO providers received a notice from CFM International informing them about certain falsified documents had been identified for certain CFM56 engine component parts. CFM noted th...
Wizz Air has signed a firm contract for an additional 75 A321neo Family aircraft, taking its total order for the largest member of the Airbus single aisle to 434, and for Wizz’s A320 Family overall t...
On August 1, the Estonian aviation company Nordic Aviation Group (Nordica) hired international consultancy Knighthood Global with the task to turn the aviation company onto a path of profitability. "I...
AerCap has reported strong demand for aircraft assets as it reported its highest ever gain on assets sales in its second quarter results. The world’s largest aircraft lessor reported a net gain on sal...
Voyager Aviation Holdings (VAH) has reached an agreement with Azorra Explorer Holdings (an affiliate of Azorra Aviation Holdings) (Azorra) to sell substantially all of VAH’s assets and for Azorra t...
The UK Civil Aviation Authority (CAA) has taken enforcement action against Wizz Air following what it described as "significant concerns over high volumes of complaints about the airline not paying pa...
During its second quarter results announcement today, RTX (previously known as Raytheon Technologies), which owns aero engine manufacturer Pratt & Whitney, announced that a “significant portion” of th...
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