Global airline profits are expected to total $36bn during 2025, down from a previous estimate of $36.6bn that was made in December last year, with tariffs and supply chain constraints likely to dampen...
Fitch has affirmed Aircastle's long-term issuer default rating at BBB+ with a stable outlook on May 30, 2025. The rating agency said it considers the leasing company to be an “important subsidiary of ...
Ethiopian Airlines has launched a new passenger service to Sharjah, UAE on June 1, 2025. The new route will be operated four times per week.“We have been connecting the UAE and Africa for nearly five ...
Azorra's outlook has been upgraded to positive from stable by Fitch Ratings. The agency reaffirmed the company's BB- rating. This was the company's inaugural rating given in September last year. “This...
flydubai has resumed services to Damascus, 12 years after the airline ceased all operations to Syria.The airline commenced operations to the Syrian capital on June 1, 2025, operating a daily service o...
Vietjet has launched its direct route from Phu Quoc to Singapore, the latest addition to its international services. During the company's annual general meeting on May 31, 2025, chairwoman Nguyen Thi ...
Dubai Aerospace Enterprise (DAE) has signed a $300 million 3-year unsecured term loan with Bank of China's Dubai, London, and Hong Kong branches. The loan will be used for general corporate purposes a...
Air India is in talks with both Airbus and Boeing for an aircraft order of around 200 narrowbody aircraft, Reuters reported, citing industry sources.The media outlet noted that two sources confirmed t...
London Gatwick CEO Stewart Wingate is moving on from the role after 15 years in the position, the airport said on May 30, 2025. He will now move to an overseeing position in the newly created role of ...
Investec's aviation team has completed a senior debt facility for a Genesis managed, Barings' investment in 12 end-of-life narrowbody aircraft one lease to range of lessees. This marks Investec's seco...
Ryanair boss Michael O'Leary is on target for his over €100 million ($113.3 million) payout.The low-cost carrier's shares closed at €23.74 on May 29, marking the 28th consecutive day the shares have c...
SKY Leasing has closed its $503 million aviation asset backed securities (ABS) deal SLAM 2025-1. The offering consisted of one series A notes with an interest rate of 5.807%. The Series A notes have a...
We're Social