Fastjet to raise capital
After posting a warning that it needed fund from shareholders to continue operations, fastjet, the low-cost African airline, has now announced a proposed capital raising that seeks to raise at least U...
After posting a warning that it needed fund from shareholders to continue operations, fastjet, the low-cost African airline, has now announced a proposed capital raising that seeks to raise at least U...
In June, Cathay Pacific Airways shareholder Swire Pacific announced plans to take maintenance unit Hong Kong Aircraft Engineering (HAECO) private for about HK$3 billion ($382 million). “HAECO has not ...
Philippine Airlines (PAL) has signed a debt financing agreement with PK Airfinance and Novus Aviation Capital to fund four 2018 Airbus A321-200neo aircraft. PK AirFinance, a GECAS company, will provid...
The International Civil Aviation Organization (ICAO) Council adopted today the Standards and Recommended Practices (SARPs) for the Carbon Offsetting and Reduction Scheme for International Aviation (CO...
Air Wisconsin Airlines, operating as United Express on behalf of United Airlines, has announced plans in conjunction with Appleton International Airport and Outagamie County, WI to build a new aircraf...
Air Lease Corporation (ALC) has delivered one new Boeing 787-9 aircraft on lease to LOT Polish Airlines. This Boeing aircraft joins three B737-8 MAX aircraft currently on lease to LOT from ALC, with a...
Air Transat has signed an agreement with AerCap for the long-term lease of seven new Airbus aircraft: two A321neos and five A321neo LRs (long-range). These aircraft will be delivered gradually between...
Quintiq, a Dassault Systèmes company that provides global supply chain planning and optimisation (SCP&O) tools, has been selected to improve Lufthansa Cargo’s production planning at two of its most re...
In its latest quarterly cargo market analysis, the International Air Transport Association(IATA) reports that year-on-year growth in air freight tonne kilometres (FTKs) slowed to 4.0% in the three mon...
The European Council has adopted updated aviation safety rules, which include a revised mandate for the European Aviation Safety Agency (EASA) and the first ever EU-wide rules for civil drones of all ...
Turkish Technic is reported to have won new contracts from Ukraine International Airlines (UIA) and Russia’s NordWind. It will carry out MRO work on the UIA’s two 767 aircraft, and will replace the la...
An ongoing investigation into why smoke filled the cabin onboard a Nordic Aviation Group CRJ900 from Tallinn to Amsterdam, which led to an aborted takeoff in June, may have been caused by the burning ...
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