Fly Leasing’s net income for the fourth quarter of 2017 was $7.2 million, or $0.25 per share – on an adjusted basis net income was $30.9 million, $1.09 per share. During this period, Fly also refinanc...
Aegean reports a strong start to the year with a 12% growth in passenger traffic for January and February 2018, welcoming 1.5 million passengers on board its flights. Aegean and Olympic Air carried 68...
Ryanair has signed a Union Recognition agreement with ANPAC (Italian Airline Pilots Association), who will now be the sole representative body for Ryanair employed pilots in Italy. This agreement foll...
Avolon has launched its second asset backed securitisation (ABS) – the $768.4 million Sapphire Aviation Finance I (SAPA 2018-1) – which is secured on 41 aircraft, currently leased to 30 lessees locate...
The Brexit wrangling intensified today when the European Union (EU) rejected the UK’s own Brexit plan, which attempted to retain some access to the customs union. In a speech, president of the Europea...
TrueNoord, the regional aircraft lessor, has closed its term loan financing facility with Nord/LB Norddeutsche Landesbank for five Embraer E190 aircraft that it purchased from BOC Aviation in January ...
CALC has appointed Hatty Cheung as the Group’s new Chief Risk Officer with immediate effect. Hatty will be responsible for CALC’s risk management and internal controls, and will report to Mike Poon, C...
Inmarsat has partnered with Airservices Australia to initiate satellite voice (SatVoice) communications evaluations for air traffic services in Australia in areas beyond the reach of traditional VHF v...
Cathay Pacific and Air Astana have announced a new codeshare agreement. Commencing 15 March 2018, Cathay Pacific will place its “CX” code on Air Astana’s non-stop flights between Hong Kong and Almaty ...
With the introduction of new Bluetooth tracking technology, Delta will soon become the first U.S. passenger airline to provide, real-time tracking for unit load devices (ULDs). The technology will rep...
Atlas Air Worldwide has acquired two Boeing 777 Freighters from LATAM Airlines. Both 777 aircraft will operate in ACMI (aircraft, crew, maintenance and insurance) service for DHL Express through Atlas...
Bombardier’s Challenger 350 aircraft is progressing towards steep approach certification, allowing operators to perform landings under strict conditions, including the steep 5.5-degree approach angle ...
We're Social