AWAS has closed its first Unsecured Revolving Credit Facility. The transaction size was increased from the original $300m target to $425m due to strong syndication feedback, following presentations to...
AWAS has delivered one new A320 passenger aircraft to Vueling, the Spanish low cost airline. This fifth A320 delivery from AWAS is from the lessor’s existing new order pipeline and is factory-fitted w...
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, announced it delivered a new leased Boeing 737-800 aircraft to Transavia France to expand the carrier’s fleet. ...
AirBridgeCargo Airlines (ABC), Russia’s largest cargo airline, has commenced its 10th anniversary year with the strongest first quarter in its history, with tonnage up nine per cent in Q1 to 86,500 to...
Philip de Klerk will join UK regional airline Flybe as finance chief later in the year. De Klerk is moving from SABMiller where he was global head of financial planning and analysis and finance direc...
It has been revealed that Cityjet received a €41 million cash injection for 41.1 million ordinary shares from Air France Finance, a unit of owner Air France, on the same day Air France-KLM received a ...
Flybe has signed a five-year deal with London City Airport to serve routes to Edinburgh, Belfast, Dublin, Inverness and Exeter. Flybe intends to acquire new aircraft to serve the new routes from the U...
Cargolux Airlines International has announced that an Extraordinary General Meeting of the company’s shareholders has resolved to increase the share capital of the airline by US$ 175 million in cash i...
Julian Carr, formerly with MyTravel, IATA and bmibaby, has been appointed managing director of Irish regional airline Stobart Air. Sean Brogan, currently interim MD, has been made chairman. Carr will ...
Virgin Atlantic has posted a reduction in losses in 2013 thanks to the company’s turnaround programme. In the 12 months to December 2013, Virgin Atlantic made a pre-tax loss of £51 million. Last year,...
With a Fokker 100 on wet lease from Denim Air due for delivery in late May, Greenland Express Air plans to fly between Denmark, Greenland and Iceland from June 2. The flight crew, ops and maintenance ...
Norwegian Air Shuttle has reported a net profit of NOK322 million ($54 million) during the 12 months to December 31, 2013. Last year the budget carrier posted profits of NOK457 million. CEO Bjørn Kjos...
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