WOW Air ceases operations
Unable to secure much needed funds, WOW Air has confirmed that it has ceased all operations and all flights have been cancelled. In an alert, WOW Air said that some airlines may offer some reduced rat...
Unable to secure much needed funds, WOW Air has confirmed that it has ceased all operations and all flights have been cancelled. In an alert, WOW Air said that some airlines may offer some reduced rat...
The highly-anticipated acquisition of Hong Kong Express Airways by Cathay Pacific was confirmed today for a total purchase price of $4.93bn Hong Kong dollars ($628million) to be made in cash and promi...
Matthew Vincent penned an interested article in this morning’s Financial Times on the attraction of alternative investments in a more volatile trading environment for equities and bonds. Aircraft leas...
Yesterday, WOW Air announced that it was in advanced discussions with a majority of its bond holders and other creditors to reach an agreement on a voluntary restructuring that would include convertin...
Yesterday, Lufthansa Group announced the purchase of 40 Boeing 787-9 and Airbus A350-900 long-haul aircraft – to be delivered between 2022 and 2027 – that will replace its A340 fleet. Today, the airli...
Boeing has now grounded the 737 Max aircraft, bowing to presidential and regulatory pressure. The notice from the US Federal Aviation Administration (FAA) is enlightening since it has confirmed the si...
The European Aviation Safety Agency (EASA) joined the UK Civil Aviation Authority (CAA) to temporarily suspend all Boeing 737 Max operations. Vietnam’s Civil Aviation Authority has closed its airspace...
As you will have seen this morning, Australia and Singapore are the latest countries to ground Boeing’s 737 Max 8 aircraft following the crash of Ethiopian Airlines flight ET 302 on March 10. Yesterda...
Our thoughts are with the families of the deceased passengers on board the fatal Ethiopian Airlines flight ET 302, which crashed shortly after take-off on the morning of March 10 from Addis Ababa airp...
Airbus has reported only four aircraft orders for the month of February – four A220s for Air Vanatu – which caused its share price to dip this morning to a low of €110.76 after starting the week aroun...
Aviation Capital Group (ACG) has made significant changes to its management team as the lessor continues to promote and grow its Aircraft Financing Solutions group, which offers supported financing fo...
Leasing companies continue to raise capital as the market turns to bolster funds for acquisitions and growth but also to ensure strong capital flows. Aviation Capital Group (ACG) announced that it has...
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