IATA: July passenger demand remains strong
The International Air Transport Association (IATA) announced passenger data for July 2022 showing that the recovery in air travel continues to be strong. Total traffic in July 2022 (measured in revenu...
The International Air Transport Association (IATA) announced passenger data for July 2022 showing that the recovery in air travel continues to be strong. Total traffic in July 2022 (measured in revenu...
Romanian carrier Blue Air has suspended all flights out of Romania until September 12. The airline’s bank accounts have been blocked by authorities for failing to pay a €2million fine from Romania’s N...
Finnair’s strategy has long been based on connecting Europe and Asia via the short northern route, using Russian air space. Following Russia’s invasion of Ukraine and the subsequent closure of Russian...
Credit Agricole-CIB acted as sole arranger and lender for the US Exim-Bank financing of one Boeing B777-300ER aircraft operated by KLM. The deal closed in July 2022. This was the first US Exim-Bank fi...
Falko Regional Aircraft (Falko), a regional aircraft lessor, has established a dedicated team to manage and grow its aircraft trading activities. The team will focus on nurturing its’ relationships w...
Nordic Aviation Capital (NAC) has completed the sale of four E170 aircraft and four CRJ900 aircraft to American Airlines based in Dallas, Texas. The eight aircraft will be placed into service by Envoy...
CDB Aviation has delivered one Airbus A320neo to Turkish Airlines, the flag carrier of Türkiye. The transaction marks the introduction of the inaugural A320neo to the carrier’s fleet. “We are delighte...
In August, Finnair carried 880,500 passengers, which was 230.4% more than in August 2021. The number of passengers in August 2022 was 11.9% less than in July 2022. The COVID-19 impact, including the s...
Lufthansa has begun collective bargaining negotiations with the Vereinigung Cockpit (VC) today (Sept. 6) under high time pressure since the next strike is due to begin tonight. In the event of a strik...
September 6, 2022: Safran has entered into negotiations with Thales to acquire its aeronautical electrical systems business. This acquisition will position Safran as a prominent equipment supplier acr...
SAS AB has entered into a debtor-in-possession (DIP) financing credit agreement for $700 million (the equivalent of approximately SEK7.0 billion) with funds managed by Apollo Global Management (Apollo...
Analysis of industry data by Airbus Corporate Jets (ACJ) shows a strong recovery in the US business aviation market. The latest data illustrates the number of business aircraft departures in the US in...
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