NAS seeks lifeline
In a bid to generate cash, Norwegian Air Shuttle (NAS) requested extend the maturity dates of its two unsecured bonds in exchange of a security package backed by the take-off and landing slots at Lon...
In a bid to generate cash, Norwegian Air Shuttle (NAS) requested extend the maturity dates of its two unsecured bonds in exchange of a security package backed by the take-off and landing slots at Lon...
Global investment firm The Carlyle Group has completed the acquisition of Forgital, for approximately €1 billion. Forgital is an Italian-based manufacturing company producing large forged and mach...
Ukraine International Airlines (UIA) will appoint a new president on 18 September. Yuri Miroshnikov, who has been working in UIA since 1993 and managing the airline for the last 15 years, leaves t...
Lufthansa will start to fly to the Canadian capital of Ottawa from Frankfurt, Germany for the first time, commencing 16 May 2020. Lufthansa will depart for the North American destination five times...
Independent Aircraft Modifier Alliance (IAMA) has said that aviation supplier Euro-Composites has signed a letter of intent to join as IAMA's first advisory member. Euro-Composites, a leading part...
StandardAero has acquired Safe Aviation Solutions to expand its components, helicopters & accessories (CH&A) division and its portfolio of MRO and component repair services. While terms of the tr...
British Airways (BA) is having to cancel flights as the fall out from its pilots' two-day strike are felt. BA has warned it will take "some time" for flights to get back to normal, despite the end ...
AELIS Group facilitates the sale of an ATR 72-500 aircraft MSN 715 to a US institutional investor, with further lease to Afrijet Business Services, regional airline in Gabon. AELIS Group, turboprop...
French carrier Aigle Azur has received 14 takeover bids which were submitted before the deadline of 9 September. Martin Surzur, president of Aigle Azur SNPL union, said that among the 14 offers th...
Air Lease Corporation (ALC) has announced its public offering of $600 million aggregate principal amount of 2.250% senior unsecured medium-term notes due January 15, 2023 and $500 million aggregate p...
Insurance broker and risk adviser Marsh has appointed Andy Smith as chairman and CEO of its UK Aviation Practice based in London. In his new role, Smith will report to Paul Moody, UK CEO, Marsh JLT...
Comlux has placed a new order for an ACJ320neo, marking the fourth in its fleet. The deal means that Comlux has now ordered a total of 20 Airbus corporate jets. “Airbus and Comlux have both ma...
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