Hong Kong Aviation Capital (HKAC) has established a new leasing relationship with Indonesia’s largest low cost carrier Lion Air, delivering two Boeing 737-800s aircraft on long term leases. HKAC purch...
In a further sign that the Indian airline sector is turning a corner, Air Costa has outlined expansion plans to offer a nationwide network by the end of October. Air Costa CEO KN Babu said that the ca...
Boeing has announced that 747 fuselage panels will be built at its Macon, Georgia facility beginning in 2018. Boeing will take over the work from Triumph Aerostructures – Vought Aircraft Division, a w...
GE has announced plans to create a development center for turboprop engines in Europe, shifting up to 500 U.S. power turbine manufacturing jobs to both Europe and China in the process, due to the fail...
Southwest Airlines has announced a new tentative agreement with the Southwest Airlines Pilots' Association (SWAPA), the Union that represents the company's pilots. SWAPA's Board of Directors reviewed ...
Yesterday, the FAA grounded all American Airlines (AA) Group traffic in and out of Miami International Airport, Chicago O'Hare International Airport, and Dallas/Ft. Worth International Airport due to ...
United Continental has agreed a new credit card deal with Visa and Chase Card Services to extend a current partnership. The news has boosted the company’s share price, while Cowen and Company forecast...
Barclays Capital reiterated a Buy rating and issues positive comments on Spirit Airlines, boosting its share price. ...
Amentum Capital, the Dublin-based commercial aircraft management company, has been renamed FPG Amentum as of 26 August 2015. FPG Amentum has now formally launched its new brand identity. The name chan...
Financial Products Group (FPG) and FPG Amentum, the Dublin-based aircraft leasing company previously known as Amentum Capital, have acquired two Boeing 737-800s (MSNs 37245 and 37247), which are on le...
German investor Intro Aviation, which also owns CityJet and VLM, has confirmed it is close to selling regional airline Intersky to an investor. “It is part of our business model to buy and sell airlin...
Transaero Airlines has reported a net loss of RUB3.2 billion ($57.6 million) during the first half of 2015 compared to a new loss of RUB10.4 billion in the year-ago period. Revenue grew 5.1% to RUB50....
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