Rolls-Royce has announced that Ruth Cairnie has been appointed as a Non-Executive Director, with effect from 1st September 2014. Cairnie previously served as Executive Vice President Strategy & Planni...
Rolls-Royce Group has released its results for H1 2014, indicating a slight decline in revenue. The OEM reports a current order book worth £70.4bn which is a decline of 2%. Underlying revenue was $6.8...
CIT Group has announced that CIT Aerospace provided a $27 million senior secured credit facility to Virgo Investment Group LLC, a private investment management firm, to finance its acquisition of four...
Dublin-based lessor FLY Leasing has announced its financial results for the second quarter of 2014. The second quarter 2014 highlights include a net income of $21.7 million, or $0.51 per share; and a ...
Aer Lingus has reported a H1 net loss of €12.3 million, which is reduced from the €23.5 million net loss during H1 2013. H1 revenue was up 6% to €697.2 million, while fare revenue per seat rose 5.5% t...
Lufthansa has reported a second-quarter operating profit of €359 million, far below analysts’ expectations of €416 million. The airline cites a fall in ticket prices on North American, Asian and Europ...
Monarch Airlines has hired corporate advisory firm Dean Street Advisers, to assist the carrier's parent company Monarch Holdings to attract private equity investment. The drive to attract investment i...
Clyde & Co Dubai partner Sidanth Rajagopal has joined the London office of Kaye Scholer, a legal practice specializing in aviation finance and leasing. Henry Morriello, Chair of Kaye Scholer’s Finance...
UK pilots’ union BALPA has responded to the announcement that the International Civil Aviation Organization (ICAO) intends to establish a new task force to look into airspace safety over conflict zone...
Dublin-based lessors FLY Leasing Ltd. has signed agreements with an unnamed Asian airline over three A330-300 aircraft. The terms of the deal include FLY purchasing the first of the aircraft during th...
China Southern Airlines, Crédit Agricole Corporate and Investment Bank, and KfW IPEX-Bank have closed the second transaction under their new ECA backed financing facility. MSN 6211, a new A321-200, wa...
Airbus Group has reported its H1 underlying operating profit has risen by 10%, and has reaffirmed its forecasts for the year. Airbus also said that it was contining to study options for selling its 46...
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