Emirates profits fall
Emirates Airline reported an 82% fall in profit for its fiscal year 2016-17 to AED 1.3 billion (US$ 340 million), with a profit margin of 1.5%. Chairman and Chief Executive, Emirates Airline and Group...
Emirates Airline reported an 82% fall in profit for its fiscal year 2016-17 to AED 1.3 billion (US$ 340 million), with a profit margin of 1.5%. Chairman and Chief Executive, Emirates Airline and Group...
Possibly in a bid to detract the papers away from the news we broke yesterday (Aviation News Daily Breaking News) about the grounding of the Max test fleet, Boeing and Airbus have both announced order...
As Boeing looks to ramp-up 737Max production and airlines await the aircraft we learn that the 737Max has been grounded due to an engine problem. The issue was confirmed by Boeing in an emailed statem...
The global widebody fleet is expanding rapidly even as airlines are cutting back on capacity – so how many of you out there have been watching and wondering where all the widebody aircraft are going t...
IndiGo has selected the ATR 72-600 for its ambitious plans to enter the regional market by playing a key role in the Indian government’s Regional Connectivity Scheme. ATR announced today that it has s...
Air Lease Corporation (ALC) has closed its Thunderbolt Aircraft Lease $344,700,000 fixed rate notes offering, which is comprised of $253.4million 4.212% A notes rated A by Standard & Poor’s Rating Age...
Analysts have begun trying to pick out the best and worst case scenarios for bondholders and creditors to Alitalia. EA Partners I’s 6.875% senior notes due 2020 (offered at 92, yield of 9.8%) and EA P...
WestJet has signed a definitive purchase agreement with Boeing for up to 20 787-9 Dreamliner aircraft. This agreement includes commitments for 10 Boeing 787-9 aircraft to be delivered between the firs...
At 12:07 today Alitalia filed for bankruptcy or "amministrazione straordinaria” (extraordinary administration) in compliance with Italian law. The Italian government will now look to appoint commissio...
China Southern Airlines has signed a purchase agreement with Airbus for 20 A350-900s. Tan Wangeng, President of China Southern Airlines said: “With its very long range capability, economic fuel consum...
Aircraft lessors today are worth more across the globe after Terra Firma managed to get US$7.15bn for AWAS on a basis of close to 1.2x price-to-book ratio. That is good going and Terra Firma has ended...
It is now confirmed that Dubai Aerospace Enterprise (DAE) is acquiring Dublin-based AWAS, which will more than double the size of DAE’s leasing platform. DAE signed a definitive agreement to buy AWAS ...
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