Oriel celebrates its 10th anniversary
UK-based aircraft appraisal company Oriel is celebrating its 10th anniversary. The company concentrates its valuations specifically on commercial aircraft and engines. Oriel said that over the year...
UK-based aircraft appraisal company Oriel is celebrating its 10th anniversary. The company concentrates its valuations specifically on commercial aircraft and engines. Oriel said that over the year...
European airlines' capacity is set to rise in every market in the first half of 2024, according to a Bloomberg Intelligence report. Transatlantic capacity is leading the way with a rise of 8.4%, surpa...
Aircraft asset management company Acumen Aviation has published its 2023 operational review, highlighting that ‘lease management, structuring advisory, trading and remarketing remained buoyant and sta...
Norse Atlantic Airways has agreed to extend the term for four subleased 787-8 Dreamliners by up to one year from the original return date. These aircraft will now be redelivered to Norse between the e...
Air cargo export rates have surged in week five (January 29 to February 4), the full final week ahead of lunar new year on February 10, 2024, according to a WorldACD market data report. The report sug...
Airbus has begun notifying airlines of delivery delays affecting new aircraft, reports Reuters, citing industry sources familiar the matter. This could push back deliveries previously scheduled for la...
With global passenger growth predicted to rise 12% in 2024 (versus 2023 figures), Cirium Ascend Consultancy predicts that ongoing delivery delays and supply shortages may nevertheless continue to impa...
Austrian Airlines has entered into a new agreement with Braathens Regional Airlines (BRA) to begin in summer 2024. The regional airline will operate on selected routes on behalf of Austrian Airlines t...
A new clean aviation technology venture, HEROPS (Hydrogen-Electric Zero Emission Propulsion System) is underway, with MTU Aero Engines leading several partners to develop a hydrogen-powered electric p...
Avolon reported a net income of $339 million for the full year of 2023. Its fourth quarter results also saw net income increase to $110 million, up from $41 million in Q4 2022. Operating cash flow for...
DHL Aviation workers at the UK's East Midlands Airport will follow their initial ten day strike (beginning February 9) with a further 14 days of action. DHL's union, Unite, confirmed the escalation, w...
Aviation market intelligence and advisory company IBA has predicted that airline industry net profit per passenger will increase by almost 60% between 2023 and 2024. IBA Insight data attributes this t...
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