Lufthansa places CFM56-5B engine order
Deutsche Lufthansa has selected CFM International's CFM56-5B engine to power 30 firm Airbus A320ceo (current engine option) aircraft. The agreement is valued at more than $610 million at list price. T...
Deutsche Lufthansa has selected CFM International's CFM56-5B engine to power 30 firm Airbus A320ceo (current engine option) aircraft. The agreement is valued at more than $610 million at list price. T...
Air Algérie has signed a Memorandum of Understanding for three A330-200 passenger aircraft as part of the carrier’s continued growth plans. This order has been placed at Dubai Airshow 2013. The new ai...
FLY Leasing has upsized and amended its 2012 Term Loan. The Term Loan, which had a balance of approximately $375 million as of September 30, 2013, was upsized by $105 million. The incremental borrowin...
The Republic of Chechnya and Bahrain has reached an agreement to establish a new airline. The decision was agreed at a meeting between the head of Russia's North Caucasus Republic of Chechnya, Ramzan ...
TUI Travel has completed an order for two 787-8 Dreamliners. The deal, worth $424 million at current list prices, extends TUI Travel's 787 commitment to 15 airplanes. The purchase was originally attri...
The Irish Government is seeking €19 million in travel tax from Ryanair (€12m), Aer Lingus (€4m) and Aer Arann (€3m). Even though the Minister for Finance Michael Noonan announced in the budget that th...
Etihad Airways has announced the launch of its first branded regional operation, after taking a 33.3% stake in Swiss carrier Darwin Airline. Following completion of the minority investment, which is s...
A Tatarstan Airlines Boeing 737 aircraft crashed last night while trying to land at the airport in the city of Kazan. All 50 aboard were killed. Eyewitnesses described the aircraft losing altitude as ...
The European Aviation Safety Agency (Easa) has approved the use of electronic devices during take-off and landing and will publish its guidance regarding safety testing and which devices can and can't...
FLY Leasing has entered into an agreement to amend and extend its BOS Facility, a limited recourse debt facility. At September 30, 2013, the facility had a balance of $209 million secured by nine airc...
Stratos, a new financial advisory boutique, specialising in aircraft leasing and financing, was launched by managing director Gary Fitzgerald on November 15. Fitzgerald, who has spent the past 15 year...
Monarch has announced a new five year commercial agreement with Manchester Airports Group (MAG), which includes a long-term commitment to East Midlands Airport. Monarch flies to eight holiday destinat...
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