Flyr files for bankruptcy
Norway's Flyr has filed for bankruptcy after failing in late 2022 and early 2023 to raise the cash needed to keep operating. "Flyr was unsuccessful with the new financial plan and the board concluded ...
Norway's Flyr has filed for bankruptcy after failing in late 2022 and early 2023 to raise the cash needed to keep operating. "Flyr was unsuccessful with the new financial plan and the board concluded ...
British low-cost carrier Flybe has ceased trading for the second time in three years, with all flights from and to the UK cancelled. The airline's announcement came at short notice, with passengers to...
The Airline Economics European and Global Aviation 100 awards were announced last night at the RDS in Dublin, which celebrated all of the foremost companies and individuals in the aviation finance and...
Standard Chartered has announced today that it intends to explore alternatives for the future ownership of its aviation finance business. Standard Chartered’s aviation finance business, which includes...
Aeroflot, has acquired 10 stranded Boeing 777 aircraft from Irish leasing companies, the airline confirmed to Russian new agency TASS in the last week of December 2022. The statement read: “The 10 Boe...
Watson Farley & Williams (WFW) has announced that aviation and international law expert Jeffrey Wool has today joined the firm as Senior Global Advisor working out of both its London and New York offi...
After almost a quarter of a century, Citi’s Global Co-Head of Aviation, Munawar Noorani, has announced his retirement. Noorani has been an steadfast supporter of the global aviaiton industry thoughout...
American Airlines is planning to end its six years old regional cooperation with Mesa Airlines due to industry costs and pilot shortages. Both airlines refer to financial troubles as the main reason f...
In a widely anticipated move, United Airlines announced on December 13 what it said is "the largest widebody order by a US carrier in commercial aviation history". In a deal it said would cement its l...
A new secured deal from Airborne Capital has closed, earning the moniker of being only the third aviation asset-backed securitisation transaction to successfully close in 2022. The $303.7 million Mara...
China Eastern Airlines (CEA) took delivery of its very first C919 aircraft, with the registration number B-919A, on December 9, 2022. A 15-minute maiden flight of the C919 aircraft was conducted by th...
AirAsia is all set to merger with AirAsia X under a new name AirAsia Aviation. The merger is a part of Capital A’s restructuring plan after the company suffered major losses during pandemic. The new a...
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