Norwegian announces lessor intentions
Norwegian Air Shuttle has stated intentions to enter the aircraft leasing market with plans to assemble a portfolio of up to150 aircraft. The airline also stated the leasing company could be based in ...
Norwegian Air Shuttle has stated intentions to enter the aircraft leasing market with plans to assemble a portfolio of up to150 aircraft. The airline also stated the leasing company could be based in ...
LOT Polish Airlines is expecting its application for a state bailout to be approved by the EU’s competition commission. Approval will mean the airline will not have to return PLN400 million (100 milli...
Lufthansa has announced plans to create a low-cost long-haul airline subsidiary that will focus on destinations in Southeast Asia. The new airline will be based in either Munich, Cologne or Dusseldorf...
Regional aircraft manufacturer ATR has appointed Giorgio Moreni as its new CFO. Moreni succeeds Eric Baravian, whose four-year term expired in June 2014. Moreni previously served at Alenia, which is p...
Credit Agricole-CIB and Goldman Sachs have priced a pre-funded $162.3 million US Eximbond for one new Boeing 747-8F expected to be delivered to Cargolux on July 24, 2014. CA-CIB and GS acted as Joint ...
Turkish regional airline Borajet has finalised a deal to acquire four Embraer E-190s through a third-party lease agreement. The aircraft are part of an initiative to gradually upgrade the airline’s tu...
LOT Polish Airlines has had its financial security questioned in an audit by KPMG. The accountancy firm published a report on the airline in which LOT’s liquidity ratio was considered to be below safe...
Slovenia-based Adria Airways and Croatia flag carrier Croatia Airlines have decided to freeze plans for privatization. Adria Airways will delay its privatization process until after the country’s elec...
Virgin Atlantic has paid £47,000 in compensation to a group of 101 passengers that launched a complaint against the airline via a Facebook page. The complaint was initiated when their flight from Orla...
LCC easyJet has been ordered to compensate a passenger who brought a claim against the airline for “unreasonable” ticket cancellation charges. Adam Rubens had booked a ticket to Tel Aviv in December 2...
UK-based data communications company Affini Technology has launched the first commercial Digital Mobile Radio (DMR) service at London Heathrow Terminal 2. Affini Real-Time Connect (aRTC) is a cloud-ba...
Dublin-based lessors Avolon have announced trading results for the second quarter of 2014. Avolon took delivery of 13 owned and 2 managed aircraft during Q2, secured additional debt commitments of $92...
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