New investors for Skymark
Sumitomo Mitsui Banking Corp (SMBC) and the Development Bank of Japan (DBJ) are reported to be preparing to take a combined 33.4% stake in Skymark Airlines. Together their stake will give then veto po...
Sumitomo Mitsui Banking Corp (SMBC) and the Development Bank of Japan (DBJ) are reported to be preparing to take a combined 33.4% stake in Skymark Airlines. Together their stake will give then veto po...
Bombardier has announced that its business aircraft president, Eric Martel, would leave the company and be replaced by David Coleal. Coleal is currently executive vice president and general manager - ...
Embraer and China’s Tianjin Airlines, a subsidiary of the HNA Group, have signed the final agreement for the sale of 22 aircraft. The contract, with an estimated value of US$1.1 billion at current lis...
Jeff Smisek, chief executive of United Airlines, denied claims by Chris Robert claims he has hacked several aircraft, which was revealed in court documents in the US. Smisek told a US Senate hearing t...
Kim Seward joins Morten Beyer & Agnew (mba) to support its expanding valuations division. Ms. Seward is responsible for helicopter valuation and industry analysis for the firm’s global clientele. Ms. ...
An Aeromexico 777-200 enroute to Madrid from Mexico City was forced to divert to Cancun due to electrical problems. The inflight entertainment system failed and the cabin lights extinguished, upon lan...
Avatar Airlines, the new start-up airline that was profiled inAirline Economics Issue 20, May/June 2014, has turned to crowdfunding to raise capital. Its crowdfunding campaign is live at www.HelpAvata...
Southwest Airlines plans to increase capacity at speed is concerning analysts and investors, which has impacted its share price. Southwest stated that its plan is to increase capacity by 7-8% compared...
Saudia Airlines has been fined €1.4m (US$1.6m) for breaching EU carbon emissions rules, making it the first big non-EU carrier to be fined for breaking EU regulations, as the Belgian government fines ...
Airbus Group’s top management broke ground yesterday for the construction of the main campus for its new multi-site Leadership University, in the presence of Jean-Luc Moudenc, Mayor of Toulouse and Be...
Advanced LEAP-1A engines has successfully completed a four-hour, 25-minute first flight powering the new Airbus A320neo. CFMi stated that the engines “performed extremely well throughout the flight en...
DP Aircraft I is to acquire two 787-8s from AerCap that are currently on lease to Thai Airways. The Guernsey-based lessor has a portfolio of two Rolls-Royce powered 787 on long-term lease with Norwegi...
We're Social