Falko Regional Aircraft has added the first of five Embraer aircraft to its portfolio. The aircraft, a combination of ERJ145 and E170s manufactured between 2001 and 2005, are being acquired from SMBC ...
GMT Global Republic Aviation (GMT Global) has completed the acquisition of one Airbus A319-100 aircraft, on lease to American Airlines. “GMT is pleased to add this aircraft to our portfolio,” said Ran...
American International Group (AIG) plans to exit its stake in AerCap Holdings with the sale of its remaining 10.7 million shares valued at approximately $513 million. Citi and Goldman Sachs are global...
Turkish Airlines (THY) sales revenue increased by 9.2% to TRY12.303bn sales revenue in the first half of 2015compared to year-ago period. THY’s net profit was up six fold to TRY1.35bn, with a disclos...
Even though Ryanair agreed to sell its 29.8% share in Aer Lingus in July to International Airlines Group (IAG), the formal acceptance has only now been confirmed by the Irish low-cost carrier. IAG chi...
Charles Taylor Adjusting (CTA) has further strengthened its London aviation loss adjusting team with the appointment of three senior aviation engineers and loss adjusters. Chris Whittington joins fro...
DVB Bank increased consolidated net income before taxes for the first half of 2015 by 4.6% year-on-year, to €43.3 million (previous year: €41.4 million). Ralf Bedranowsky, CEO and Chairman of DVB Bank...
Japanese regional carrier Amakusa Airlines has taken delivery of a 48-seat ATR 42-600, the first of the type to start operations in Japan. For almost 15 years, the airline has been providing regular s...
Welcoming 6.2 million passengers in July 2015, Frankfurt Airport (FRA) achieved its busiest month in history. Passenger traffic for the reporting month rose by 6.6 percent year-on-year and surpassed t...
Finnair has reported revenue for the three months to end June 2015, as being on a par with second quarter of 2014, at €561.0 million. The carrier’s operational result improved to a loss of €12.9 milli...
Low-cost airline Norwegian has signed a new deal that will provide more destinations for UK winter travellers. The airline has signed new agreements with three tour operators in the UK - Nielson Trave...
LOT Polish Airlines and Turkish Airlines have signed a letter of understanding to initiate an enhanced cooperation between the two airlines in relevant Polish, Turkish and beyond markets. What model t...
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