At its annual results press conference, Airbus reported its full year results for 2018, stating that it has delivered on its guidance for all key performance indicators, but confirmed the rumours that...
Fitch Ratings has upgraded its Avolon issuer rating from BB to BB+ with a positive outlook. Fitch has also upgraded its issue-level rating on all outstanding senior unsecured notes issued by Avolon’s ...
AerCap has reported net income of $232.6 million for the fourth quarter of 2018 compared with $266.3 million for the same period in 2017. Net income was $1,015.6 million for the full year 2018, compar...
Amedeo and Airbus has agreed a termination of the lessor’s purchase agreement with Airbus for 20 A380s. Amedeo says that it is in “discussions regarding other commercial options”. In a statement issue...
LOT will take off from Budapest and fly to two additional cities in Europe – Brussels and Bucharest. Starting from 2 September 2019 flights to Brussels and Bucharest will be operated up to twice a day...
Ryanair has unveiled its 2019 customer care improvements, which aside from a price promise on low fares, the airline is promoting its punctuality record, the comfort of its new Max aircraft, and a new...
The International Air Transport Association (IATA) has urged the United States government and industry to work together to ensure that aviation is able to accommodate an expected 62% rise in demand fo...
STAR Capital Partnership (STAR Capital) is to acquire ASL Aviation Holdings, the Dublin-based aviation services provider, which operates multiple airlines. ASL’s airlines operate scheduled and charter...
EasyJet has confirmed it is in talks over a possible acquisition of Italian airline Alitalia. In a statement this morning, the UK airline said: “Following submission of easyJet’s non-binding expressio...
During 2018, Avolon generated lease revenue of $2.6bn, an increase of 10% year on year, with profits up by 30% to $717 million for the fiscal year. Total assets stand at $27.153bn. At year end, Avolon...
German Zeitfracht Group is reported to have bought a 10% stake in Romanian carruer, Blue Air. Blue Air, established in 2004, is a pan-European air operator with bases in Romania, Cyprus, Italy, and th...
Latvian airline airBaltic in cooperation with the international tour operator Mouzenidis Travel has announced that as of June 1, 2019 it will perform weekly charter flights to the Greek island of Corf...
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