Greek airline Aegean disclosed on July 16, 2025, that it will add two new A321XLR aircraft, with deliveries expected in December 2025 and January 2026. The company said with these aircraft, the compan...
Castlelake has marketed its $614.8 million aviation asset backed securities (ABS) transaction, marking its second ABS deal of the year.Castlelake’s CLAS 2025-2 comprises of three tranches: A, B, and C...
Delta has paid $8.1 million to settle claims that the company violated conditions US Congress placed on federal relief funds provided to the airline under the Payroll Support Program (PSP) during the ...
SMBC Aero Engine Lease delivered one CFM International LEAP-1B engine on long–term lease to StandardAero in May 2025. “We see this delivery as the beginning of a strong and trust-based partnership wit...
Norwegian has secured debt to finance its recent mid-life 737-800 acquisitions.The airline successfully closed of a ten-year senior secured debt facility to support the back-leverage of three mid-life...
Private equity firm AE Industrial Partners has appointed Oscar Torres as an operating partner, the company shared on July 15, 2025. Torres joins the firm following three years as president and CEO of ...
The average US air fare decreased 1.2% in the first quarter of 2025 from the fourth quarter of last year, according to the Bureau of Transportation Statistics (BTS). The report considered domestic air...
Vietnam’s Bamboo Airways said it is working to strengthen financial resources, as it prepares for its next period of growth.The carrier is currently implementing a five-year strategic plan through 203...
Qatar Airways will resume flights to Aleppo, Syria, the company said on July 16, 2025. The airline will operate three weekly flights from August 10, 2025, before increasing to four weekly from Septemb...
Garmin has launched its new distance measuring equipment (DME) products — the GDM 4500 and GDM 450R. These digital, state-of-the-art, remote-mount DME radios are designed to provide slant-distance in...
South African business aviation company CFS Aviation Group is now 50-50 jointly owned by Parrot Aviation and the company's group CEO and co-founder Justin Reeves holding the other half. Parrot Aviatio...
Wizz Air has received an A321XLR for its Maltese subsidiary Wizz Air Malta, the company said on July 16, 2025. The aircraft was delivered to the airline at Milan Malpensa. “Welcoming the A321XLR into ...
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