International Consolidated Airlines Group (IAG) has reported record consolidated results for the year to December 31, 2014 boosting its shares by more than 5% in early trading. The airline group poste...
CFM International reported 4,244 orders in 2014, a 55.9% year on year increase from 2,723 engine orders in 2013. The 2014 order book includes 1,527 bookings for CFM56 types, 2,717 orders for CFM’s LEA...
NEOS and Lufthansa Technik AG have extended their existing cooperation. Lufthansa Technik started its Total Component Support TCS for the NEOS fleet in 2002. The contract extension will run by further...
Waypoint Leasing (Ireland), has reached an agreement with Caverton Helicopters, a leading provider of aviation and logistics services to local and international oil and gas companies in Nigeria, to le...
AWAS announced yesterday that it has agreed to acquire a portfolio of three late-model 737-800s and one A320-200 from BOC Aviation. These aircraft are all subject to long-term leases with their respec...
Turkish Airlines has reported a 2014 net profit of $845m from $357m for 2013. Operating profit was down 2% at $638m, while sales revenue for the year was up 13% at $11bn on the back of 54.7m passenger...
AAR has agreed to sell its Telair Cargo Group to TransDigm for a purchase price of $725 million. The Telair Cargo Group is comprised of Telair International, Telair US, and Nordisk Aviation Products. ...
In line with its plans for continued international expansion, McLarens Aviation, provider of survey and loss adjusting services to the global aviation industry, has recruited a Business Development Di...
Finnair Cargo has signed an agreement to participate in IAG Cargo Partner Plus Program. The Partner Plus is an enhanced version of interline cooperation, which means that through this partnership both...
Virgin Atlantic will retire its two remaining A340-300s on March 29. The airline will replace the aircraft type first with A340-600s on its route between Shanghai Pudong and London Heathrow before the...
Monarch Aircraft Engineering Limited (MAEL), aircraft maintenance provider and division of The Monarch Group, has been granted Part M Subpart G approval as a Continuing Airworthiness Management Organi...
The Irish government has stated that it needs more reassurances on jobs and growth prospects for Aer Lingus before it can consider selling its 25% stake in the airline to IAG. The Irish government req...
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