A consortium composed of Novus Aviation Capital (Novus), Development Bank of Japan (DBJ), NORD/LB Norddeutsche Landesbank and Boeing, has launched Cedar Aviation Finance (CAF), a new junior debt fund ...
Aegean Airlines consolidated turnover grew 1% to €455.7 million in the January-June period, while net result after taxes showed a loss of €13.8 million, from a loss of €20 million in the same period l...
The International Air Transport Association (IATA) has announced healthy global passenger demand for July with all regions reporting growth. Total revenue passenger kilometres (RPKs) rose 6.2%, compar...
Belgian airline VLM has been placed into liquidation. The airline’s majority shareholder, SHS Aviation, voted last week (August 31) to dissolve the carrier. VLM has cancelled all flights to London Cit...
AFI KLM E&M subsidiary, KLM UK Engineering, has signed a long-term heavy maintenance agreement with Alliance Airlines. KLM UK Engineering will be supporting Alliance Airlines with their Fokker 70/100 ...
Air Partner, the global aviation services group, has released a trading update for the six months ended 31 July 2018, which states that the company has “traded well” over the first half of the financi...
Nordic Aviation Capital (NAC) has delivered two Embraer E190s, MSNs 19000230 and 19000259, to low-cost carrier IKAR (d.b.a. Pegas Fly) on lease. ...
British Airways and Air France have announced that they will stop flying to Iran from September. Both airlines said that the route was "not commercially viable" following the reintroduction of US sanc...
Fly Leasing has reported net income of $24.3 million, $0.87 per share, for the second quarter of 2018. This compares to net income of $2.9 million, or $0.09 per share, for the same period in 2017. Net...
In the seven months to the end of July 2018, Aeroflot Group carried 30.8 million passengers, up 9.0% year-on-year. Aeroflot airline carried 19.8 million passengers, a year-on-year increase of 7.0%. Gr...
ERA (European Regions Airline Association) has welcomed Air Alsie as its newest airline member, bringing the number of carriers in ERA membership to 51. Based in Sønderborg, Denmark, Air Alsie has bee...
Leisure carrier Small Planet Airlines Poland has appointed Bartosz Czajka as a new chief executive officer and member of the management board, succeeding Jarosław Jeschke, who resigned earlier this ye...
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