Guernsey to repay Aurigny Airline’s debts
The Aurigny airline's £19.9million accumulated debt is to be repaid in full by the Guernsey government, with a further £5.3m set aside to cover expected losses up to 2017. The airline was bought by th...
The Aurigny airline's £19.9million accumulated debt is to be repaid in full by the Guernsey government, with a further £5.3m set aside to cover expected losses up to 2017. The airline was bought by th...
The International Air Transport Association (IATA) released its updated passenger growth forecast, projecting that passenger numbers are expected to reach 7 billion by 2034 with a 3.8% average annual ...
Wizz Air has signed its first lease agreement with CCB Financial Leasing for 11 Airbus A321ceo aircraft, Wizz Air’s largest lease agreement yet. The aircraft are scheduled to be delivered to Wizz Air...
Castlelake is preparing to launch its second asset-backed securitisation (ABS). Castlelake Aircraft Securitization Trust 2015-1 totals $713.213 million and is offered in three tranches. The $529millio...
Airbus has inaugurated a BizLab in Bangalore, India, its third after Toulouse, France and Hamburg, Germany, as part of its strategy to establish a global network of aerospace business accelerators. In...
BOC Aviation has placed an order for 22 Boeing 737 family aircraft scheduled for delivery from 2018 to 2021. This latest order comprises 11 737-800NGs and 11 737 MAX 8 aircraft. The Next Generation 73...
Spring Airlines is planning to launch flights to the Democratic People's Republic of Korea (DPRK) and has applied to the Civil Aviation Administration of China (CAAC) to launch four direct flights per...
EVA Airways has finalized a historic order for up to 24 787-10 Dreamliners and two 777-300ER (Extended Range) jetliners. The order, valued at more than $8 billion at current list prices, marks the lar...
On Friday, United announced that it has reached an Agreement in Principle with the Air Line Pilots Association (ALPA) for a contract extension covering the airline's more than 12,000 pilots more than ...
MTU Maintenance continues to be the exclusive MRO provider for Royal Jordanian’s V2500 engines on its fleet of A320 family of aircraft. As such, the company has signed a Total Engine Care (TEC) agreem...
Ethiopian Airlines is planning to buy 10 narrowbody aircraft. According to media reports, chief executive Tewolde Gebremariam said that the airline was considering the 100-seater CS100, adding that: “...
Rolls-Royce has presented the initial findings of Chief Executive Warren East’s review of operations including further details on the actions being taken to improve disclosure and transparency. The re...
We're Social