AerCap has disclosed that its claims under Aeroflot group’s insurance policies in respect of the 17 aircraft and five spare engines on lease to Russian flag carrier but trapped in the country in Febru...
AIP Capital (AIP) has closed an LP investment in a VIG Partners (VIG) fund, which holds a control investment in Korean low-cost carrier, EastarJet, and placement of five new Boeing 737 MAX 8 aircraft....
Boeing has become a Patron of the World Energy Council, marking the first aerospace company to partner with the organization to drive sustainable energy transitions. The Patron programme is the Counci...
CDB Aviation has signed lease agreements for three new Airbus A321neo aircraft with KLM Royal Dutch Airlines (KLM). “We are thrilled to be expanding our long-standing relationship with KLM through the...
SMBC Aviation Capital has ordered 25 737-8s – increasing its backlog to 81 737 MAX jets. With travel demand surging around the globe, lessors are looking to increase their single-aisle portfolios to p...
The International Air Transport Association (IATA) has released data for July 2023 global air cargo markets, showing a continuing trend of recovering growth rates since February. July air cargo demand...
Airbus has entered into exclusive negotiations with Air France-KLM for the creation of a joint venture dedicated to Airbus A350 component support. The envisaged cooperation would take the form of a 50...
Following the successful implementation of AMOS at Lufthansa German Airlines in 2022, the Lufthansa Groups Technical Fleet Management launched a new project named BlueFins. With this new initiative, ...
International law firm Clifford Chance advised Standard Chartered on agreements to sell its global aviation leasing business to AviLease and a portfolio of secured aviation loans to PK Airfinance. Bot...
Griffin Global Asset Management (Griffin) has closed a purchase and leaseback of two new Boeing 787-10 aircraft and two new A350-1000 aircraft on long-term lease to British Airways. “Griffin is extrem...
Avolon has signed a binding agreement for its order of 20 new A330neo aircraft from Airbus. The order firms up a memorandum of understanding signed at the Paris Airshow in June. The new aircraft are s...
Air China has reported a loss for the first six months of 2023. The airline booked revenue of RMB 59.6bn (US$8.2 billion) – an increase of nearly 2.5x over the same period last year – and narrowed its...
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