It has been revealed that two A320s leased by Air Zimbabwe from China Sonagal, which has a small fleet of A319s and A320s, have been grounded since shortly after they were leased in 2012. The airline ...
While Air Niugini’s two Boeing 767 aircraft are undergoing their scheduled maintenance, the airline has wet leased a Boeing 767-300 series aircraft from Euroatlantic Airways of Portugal to continue op...
Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has delivered the first new AW139 helicopter to Westpac Rescue Helicopter Service based in Australia. The aircraft i...
Fitch Ratings has affirmed Rolls-Royce’s Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'A'. The outlook on the long-term IDR is negative. The negative outlook reflects the chall...
During the first three months of 2016, DVB Bank generated reasonable consolidated net income before taxes of €25.9 million compared to €84.3 million in the prior-year period. Ralf Bedranowsky, CEO and...
During May, AerFin Ltd (UK) has purchased two Embraer E170 aircraft (MSN 17000106 and MSN 17000093) from SMBC Aviation Capital. Bob James, CEO, AerFin Ltd commented: “AerFin continues to work with a n...
China Aircraft Leasing Group (CALC) has opened a new office in Toulouse. Located at Cap Constellation in Blagnac, the new office offers easy access to transport networks, the local airport, as well as...
Leisure carrier Small Planet Airlines has obtained its German Air Operator’s Certificate (AOC) and will now operate flights under German registration. Small Planet Airlines Group began offering its se...
Following a meeting between the prime minister of Georgia, Giorgi Kvirikashvili, and Mi Hua, president of Hualing Group, it has been agreed that the Chinese company will establish an international air...
BOC Aviation’s $1.1bn initial public offering in Hong Kong launches on Monday and aircraft lessor has announced a single fixed price of HK$42 ($5.4) for its share issue rather than a price range. The ...
In a punitive move, the Indonesian Ministry of Transportation has declared that it will no longer issue permits for new routes for Lion Air for the next six months. The action is in retaliation for th...
HNA subsidiary, Caissa Travel Group, has abandoned plans to acquire HNA Group’s shareholding in Capital Airlines. The travel firm failed to secure the requisite regulatory approvals on time and has no...
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