Singapore Technologies Engineering (ST Engineering) has won nearly $900 million of aerospace related contracts in the first quarter of 2020. The group’s Aerospace sector secured about $838m across its...
BOC Aviation has announced that it has achieved two major milestones - signing 1,000 lease commitments and committing to purchase more than 900 aircraft since inception. Robert Martin, chief executive...
China Development Bank (CDB) Financial Leasing said it had agreed with Boeing to cancel the purchase of 29 undelivered 737 MAX jets, the latest end user to cancel a contract for the grounded airplane....
HAECO Composite Services, a member of the HAECO Group, has added capability for preventive maintenance inspections and associated repairs on fan stator modules for GE90 engines on Boeing 777 aircraft...
Fitch Ratings has downgraded Virgin Australia Holdings Limited's long-term foreign-currency issuer default rating to 'CCC-' from 'B-' due to the increasing uncertainty around whether the airline will...
Singapore Airlines has received in-principle approval from the Singapore Exchange (SGX) for its proposed rights issue amid the Covid-19 pandemic. SGX has allowed the listing and quotation of as many a...
The International Air Transport Association (IATA) has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisi...
Despite the ongoing coivd 19 pandemic the board of Avation has announced that it is continuing its comprehensive review of the strategic options including a merger and acquisition activity, an aircraf...
BOC Aviation reported a strong start to 2020 with signing agreements to purchase 48 aircraft, of which 38 have already been placed on long-term leases with the remaining 10 unplaced A320NEO due to be ...
Thai Airways have announced that the combination of declines in passenger demand and government travel restrictions means it has been forced to suspend all its international operations until May 31. I...
ANA Holdings, the parent of Japanese airline All Nippon Airways is looking into a roughly 100 billion yen ($920 million) syndicated loan from seven lenders as the carrier fortifies its balance sheet t...
Air New Zealand will have a $3 billion hit to revenues as a result of the Covid 19 crisis and will exit the pandemic as a much smaller operation, said chief executive Greg Foran in an email to staff. ...
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