SMBC Aviation Capital has signed a letter of intent (LOI) with Bhutan flag carrier Drukair for the lease of a new A320neo on May 14, 2025. “This partnership underscores our commitment to providing adv...
Avolon's issuer and senior unsecured notes ratings have been upgraded by both Fitch and Moody's on May 12, 2025.Fitch has upgraded Avolon from BBB- to BBB, and Moody's has upgraded Avolon from Baa3 to...
Norway said Norwegian Air will pay back half of its convertible loan to the state and the other half of the state's shares in the loan will be converted into shares in the airline, Reuters reported on...
Turkish Airlines has become the first airline to use the Sompo AXIS Aviation Finance Insurance (SAAFI), aviation non-payment insurance (ANPI) product to finance new aircraft deliveries.The transaction...
Pegasus Airlines reported a net loss of €61.9 million for the first quarter of the year, narrowing from its net loss of €106.7 million a year prior. The company's revenues totalled €621.7 million, up ...
German sales and service agent Aircargonet has entered a new partnership with airBaltic, to manage airfreight related business for the Latvian airline in Germany, after successfully winning a tender p...
Turkish airline Corendon Airlines has appointed Paul Schwaiger as chief commercial officer on May 13, 2025. Schwaiger had served as a strategic advisor to the airline since March 2024. During this tim...
Fuyo General Lease subsidiary Aircraft Leasing & Management (ALM) has arranged the lease of two 737-800 NG aircraft to Garuda Indonesia Airways. The aircraft were previously operated by Regional Expre...
Azorra has delivered the first of three A220-300s to Croatia Airlines on May 12, 2025. The delivery also marks Croatia Airline's third A220 added to its fleet. The aircraft was delivered from Azorra's...
Madrid-based company SAASA Global has begun construction of an air cargo terminal at the Adolfo Suarez Madrid-Barajas Airport.The terminal will be in ramp 4 of the airport and tendered for handling, s...
Animawings has added its second A320 aircraft to its fleet. “Welcome aboard, YR-AGC — a new chapter in our journey to provide even more reliable and comfortable service to our passengers,” said Animaw...
The Lufthansa Group has extended its suspension of flights to and from Tel Aviv, after a recent missile strike near to Ben Gurion Airport triggered airlines globally to halt operations to the city. T...
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