Aeroco Group International, a specialist in aircraft cabin and component maintenance, has announced further investment plans that will double the size of its new facility due to growth in customer dem...
Virgin Atlantic Cargo is to launch a second daily service between London and Johannesburg in October, creating additional cargo capacity to and from South Africa. Commencing 28 October 2018, the addit...
Aegean’s financial results for fiscal year 2017 show an 11% rise in consolidated revenue at €1,127.6m. Performance in international routes has boosted consolidated EBITDA at €120m, 56% higher than th...
In 2017, total revenues for the Lufthansa Group in 2017 amounted to €35.6 billion, a 12.4 percent increase on the previous year. The Adjusted EBIT of €2.97 billion was a significant 69.7 percent year-...
The KGAL Group’s aviation asset class set a record in the 2017 financial year, achieving a new business volume of c. €1.3 billion. This represents an increase of 30% year on year. KGAL‘s aviation team...
Air Astana, the national carrier of Kazakhstan, will launch a new direct flight between Atyrau and Frankfurt on March 26, 2018. The new service will be operated twice a week on Mondays and Fridays usi...
The Latvian airline airBaltic has transported 215 839 passengers in in February 2018, an increase of 23% compared to the same period last year. Martin Gauss, Chief Executive Officer of airBaltic: “It ...
Virgin Atlantic will introduce a second daily service between London Heathrow and Johannesburg from winter 2018 using a 787-9 aircraft, which will add an additional 180,000 seats. The new schedule wil...
Norwegian has concluded on the accounting treatment of Norwegian Finans Holding (NOFI), resulting in a change for 2017. It will not have any impact on Norwegian’s book value of equity at 31 March 2018...
Finnair will lease an Airbus A320 aircraft and flight deck crew from the Lithuanian airline GetJet to support Finnair’s growing traffic from summer 2018 to early 2019. The leased GetJet aircraft will ...
The Indian aviation regulator, the Directorate General of Civil Aviation (DGCA), has directed IndiGo and GoAir to ground a total of 11 A320neo aircraft fitted with Pratt and Whitney engines. The actio...
ICBC Financial Leasing Co had obtained official approval from the China Banking Regulatory Commission (CBRC) to set up a wholly-owned subsidiary ICBC Aviation Leasing Company Limited in Hong Kong. ...
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