Maverick Horizon has acquired three A320 aircraft previously operated by ITA Airways, the company said on April 1, 2025. The acquisition is part of its closed acquisition deal with FTAI Aviation. The ...
BayernLB has promoted Viktor Berta to senior director asset finance, aviation & space, Berta said on a LinkedIn post on April 1, 2025. “I'll continue to support our lessor, airline and investor client...
SAS will introduce 28 new routes across 17 countries during the summer, offering 23 million seats, an increase of 2.2 million seats in comparison to the same period of the year prior.The schedule feat...
LOT Polish Airlines has signed a lease agreement for two 787-8 Dreamliners with DP Aircraft. The aircraft are set for delivery in 2026 on a 12-year lease term. The rental payments are structured with ...
New data shows that air cargo demand during February measured in cargo tonne-kilometres (CTK), slightly declined by 0.1%, in comparison to the same period of the year prior. While relatively flat, it ...
Maintenance, repair and overhaul (MRO) provider FL Technics has established a new aircraft maintenance hangar facility in the Dominican Republic.Located in Punta Cana, the site will open in October 20...
Virgin Atlantic reported a pre-tax profit of £20 million in 2024, marking a return to profitability for the first since pre-pandemic. The company had reported a pre-tax loss of £139 million last year ...
Blackstone will acquire a 22% stake in British airports group AGS Airports from AviAlliance for £235 million ($304.4 million), the company said on March 28, 2025. AviAlliance, owned by the Public Sect...
Average worldwide air cargo rates regained a further 4% in the third full week of March, according to WorldACD's cargo data report. The report added that the increase puts the rates back to mid-Januar...
Turkish Airlines has launched flights to Ohrid, North Macedonia. The route marks its second destination in North Macedonia, following its capital Skopje and brings its global flight network to 353 des...
Aircraft charter company Air Charter Service has opened its new office in Montreal, Quebec, marking its second Canadian office, as well as its 36th office globally. The company's first Canadian office...
A disruptive Ryanair passenger has been fined €2,000 by the Malta court on March 28, 2025. The passenger had been smoking onboard a Ryanair flight going from Cologne to Malta on March 22. The disrupti...
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