Castlelake has priced its latest structured ABS financing: Castlelake Aircraft Structured Trust 2017-1 (CLAS 2017-1). CLAS 2017-1 totals $785.5 million of asset-backed debt and will be used to finance...
Intrepid Aviation has announced the portfolio financing of three Airbus A330-300 aircraft with Deutsche Bank and an institutional investor. The aircraft are on long-term lease and in service with Turk...
LATAM Airlines Group’s system passenger traffic increased by 0.9% while capacity decreased by 0.4%. As a result, the group’s load factor for the month increased 1.1 points to 84.4%. International pass...
C&L Aviation Group has opened a new satellite office in Miami, Florida to serve Latin American Airlines, Military, and Corporate Operators. The office will be managed by C&L’s Director of Business Dev...
As part of the continuing effort to accelerate aerospace innovation, Boeing and FedEx Express, a subsidiary of FedEx Corp, will work together to fly the next ecoDemonstrator. Starting in 2018, a new B...
Precision Aircraft Solutions has completed its 29th passenger-to-freighter conversion for the DHL global network. Stated Precision President Gary Warner, “For Precision, this conversion represents the...
PEMCO World Air Services (PEMCO), a division of Airborne Maintenance and Engineering Services (AMES) and wholly owned subsidiary of Air Transport Services Group (ATSG), has announced an agreement with...
Air Transport Services Group’s (ATSG) subsidiary, Cargo Aircraft Management, has reached agreement with Northern Aviation Services for the lease of three Boeing 767-300 freighters to be operated by su...
As United celebrates 20 years of service to Italy, the airline today announced it will be offering customers year-round nonstop service between New York/Newark and Rome. Expanding its current summer s...
Cowen & Company has released a new report on the long-debated issue if pilot retirement in the US. Cowen predicts that pilot retirements at several of the US airlines begin to increase in 2021 – the p...
In Canada, new rules to combat airline pilot fatigue have been criticised by unions and airlines that are predicting an expensive pilot shortage and shortcomings on safety. The proposed federal regula...
Horizon Air has named George Knobloch as the regional carrier's new vice president of maintenance and engineering. Knobloch will oversee a team of more than 400 employees who work in maintenance and e...
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