Passenger traffic at airlines in several key Asia-Pacific (APAC) markets is likely to remain well below 2019 levels in 2021, despite a recovery, Fitch Ratings says. The pace of the recovery will hinge...
AerDragon Aviation Partners has delivered one A320neo to IndiGo. This aircraft is the last one in the purchase and leaseback transaction of five aircraft, three A320neo and two A321neo aircraft which ...
Air Busan hopes to raise 89 billion won ($76 million) in a rights offering in December. The budget carrier unit of Asiana Airlines will issue 30 million shares at 2,970 won per share, first to existin...
Two Embraer E195s have commenced operations in Vietnam with Bamboo Airways, offering the first jet service to Con Dao from Hanoi, Vinh and Hai Phong. Con Dao Island and the surrounding National Park i...
HAECO Landing Gear Services, a member of the HAECO Group, has completed the world’s first Boeing 787 Dreamliner landing gear overhaul. The gears have been released by HAECO Landing Gear Services under...
Spirit AeroSystems is expanding its aftermarket footprint in Asia through a multi-year partnership with Evergreen Aviation Technologies Corporation (EGAT) and a maintenance, repair and overhaul (MRO) ...
Hong Kong Airlines has requested its 1,200 flight attendants take a 30% salary cut. Those who accept the salary cut will work a two months on, two months off roster over the northern 2020/21 winter pe...
The Australian government has stated that it will extend a COVID-19 relief package for domestic airlines by four months. This means the federal government will continue underwriting domestic flights u...
Pratt & Whitney will expand its global network of providers that maintain the Pratt & Whitney GTF engine to include Aircraft Maintenance and Engineering Corporation (Ameco). Ameco, a joint venture bet...
China Aircraft Leasing has received a AAA corporate credit rating by Chinese outfit Dagong Global Credit Rating, the first time the lessor has received such a rating. It also, according to CALC, the f...
Xiamen Aircraft Leasing, an aircraft leasing company incorporated in the Xiamen Free Trade Zone, announces today that it has successfully concluded a sale and lease back agreement with China Southern ...
Swissport’s owner, struggling Hainan-based conglomerate HNA has agreed to a restructuring that will see €1.9 billion of debt to be converted into equity, or written off, while the airport services fir...
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