An extra £200 million in extra funding is needed otherwise Thomas Cook could fall into administration. The airline has been told by banks including RBS and Lloyds that new contingency funds are ra...
Investors in Ryanair have registered a major protest vote after it was revealed that long-serving chief executive Michael O'Leary was granted a bonus that could be worth as much as €99m. Under the...
Private equity firm CataCap has agreed to acquire UK-based AerFin Holdings from CarVal Investors. AerFin provides cost-saving aftermarket support solutions to the aviation industry. Led by an exper...
Fitch Ratings has assigned Ireland-based GTLK Europe Capital DAC's upcoming issue of US dollar-denominated guaranteed notes an expected 'BB+ rating. The final rating is contingent upon the receipt...
Wizz Air has announced further expansion of its Romanian operations, by introducing one new aircraft to its fleet. The new Airbus A321 aircraft will join the fleet in June 2020, which will grow th...
The world’s passenger and freighter aircraft fleet is set to more than double from nearly 23,000 to almost 48,000 by 2038, according to a new report from Airbus. The planemaker also says that wit...
Worldwide Flight Services (WFS) has secured a five-year ground handling contract at Birmingham Airport for Flybe. WFS is recruiting a team of some 160 staff at the UK airport in preparation for the...
Sichuan Airlines has welcomed its first Airbus A350-900 at Pulkovo Airport in St Petersburg, Russia. As part of its initiation, Sichuan Airlines performed a regular flight on the Chinese Chengdu –...
Täby Air Maintenance (TAM) has received EASA Part 21 Design Organisation approval which will enable the company an ability to offer enhanced technical services to airlines. Already having a corres...
Virgin Atlantic is set to significantly increase its long haul route network with a range of new domestic and European routes when Heathrow Airport expands. The plans represent a fourfold increase...
LOT Polish Airlines will introduce a new direct flight to New York (JFK) as well as increase the number of flights to Chicago, next year. In the summer season, LOT Polish Airlines will have a more ...
Air Lease Corporation has announced the delivery of one new Boeing 787-9 aircraft on long-term lease to Italy's Neos. Featuring Rolls-Royce Trent 1000 engines, this aircraft delivered from ALC’s o...
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