A J Walter Aviation has been awarded a seven year contract to provide power-by-the-hour support to Korea’s leading low cost airline, Eastar Jet. The agreement covers the airline’s current fleet of six...
BAA has announced the successful placing of its inaugural Swiss franc debt capital markets transaction, a CHF 400 million five-year bond. The bond has a fixed annual coupon of 2.5%. Proceeds from the ...
ORIX Aviation has closed the acquisition of a new B737-800 aircraft. The aircraft is currently on lease with TUI. ...
Flybe has stated that its third quarter was below expectations and that it is unlikely to make up the shortfall in the final three months. Shares in the UK regional airline fell 21% on the news. Flybe...
Ryanair will base two aircraft at Paphos from April and offer 80 flights a week to 14 new destinations. Patra, Chania, Frankfurt Hahn, Kaunus, Krakow, London-Stansted, Memmingen, Bergamo, Oslo, Pisa, ...
Although Cityjet’s revenue for the 12 months to end of March rose 21% to €316m, exceptional costs of €26.6m last year contributed to pre-tax losses rising by 7% to €54.8m. The pre-tax losses included ...
Lufthansa has ordered Austrian Airlines to make more savings in return for supporting its subsidiary’s plans to upgrade its fleet. Austrian is planning to replace its 737 aircraft with up to seven A31...
Scandinavian airline SAS has denied a report by Norwegian daily Dagens Naringsliv that it is in discussions with Qatar Airways over a possible takeover. "There are no discussions ongoing with Qatar Ai...
Air France-KLM Group has finalized an order for 25 787-9 Dreamliners, with options. The order was signed in late December 2011 and was recorded on Boeing's Orders & Deliveries website, attributed to a...
After a six-month successful practical trial involving biosynthetic fuel, Lufthansa is launching the first scheduled transatlantic flight to the United States on 12 January 2012. A Boeing 747-400, ca...
Aircraft cabin interior manufacturer B/E Aerospace has signed a definitive agreement to acquire supply chain management company UFC Aerospace Corp. (UFC) for $400 million in cash. Amin J. Khoury, Cha...
Norwegian Air Shuttle has closed a pre-delivery payment financing facility for NOK600 million ($116.9 million) for aircraft delivering over the next two years. The airline has 55 737-800Ws on order, w...
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