CIT Group reports QI results
CIT Group reported a 12% fall in net income to $104 million for the first quarter of 2015. CIT said first quarter results were impacted by a higher tax provision resulting from the recognition of fede...
CIT Group reported a 12% fall in net income to $104 million for the first quarter of 2015. CIT said first quarter results were impacted by a higher tax provision resulting from the recognition of fede...
The average domestic air fare increased to $393 in the fourth quarter of 2014, up 2.0 percent from $385 in the fourth quarter of 2013, adjusted for inflation, the US Department of Transportation’s Bur...
Spirit Airlines’ total revenue per available seat mile for the first quarter of 2015 fell 9.9% as capacity, which rose 25% during the period, exceeded bookings. Spirit said the RASM decrease was drive...
Avtrade has appointed Patrick Armstrong as Regional Sales Executive in its central Dubai hub. With previous sales, purchasing and account management experience within the aviation industry, Armstrong ...
David Attenburrow, formally Director of Aircraft Acquisition & Financing at Flybe has now joined Aer Lingus as Director of Fleet Finance. ...
In the first quarter of 2015, MTU Aero Engines AG increased its revenues by 20% to €1.099,5 billion (1-3/14: €913.0 million). The group’s operating profit rose by 10% to €97.7 million (1-3/14: €89.0 m...
Monarch Aircraft Engineering (MAEL), the engineering division of The Monarch Group, has been contracted to provide line maintenance technical handling to American Airlines. The contract, which commenc...
Icelandair has stated that its first-quarter results will be better than forecast at the beginning of the year, due to increased sales and better fleet utilization. The airline says its expected EBITD...
Start-up regional carrier Air Croatia has suspended operations having only began flights on April 2. The carrier was not able to access funds from its credit card transactions which meant it failed to...
AEI (Aircraft Engineers International) have written to the European Aviation Safety Agency (EASA) to place on record their view that the travelling public in Europe is exposed to an increasing risk of...
Aviation Capital Group (ACG) has appointed Eric Blau as vice president and treasurer. “Eric brings broad industry expertise to ACG through his capital markets and aviation asset experience,” said Madh...
Air Lease Corporation has delivered one Boeing 737-800 NG aircraft (MSN 30286) to Belavia (Belarus) on long term lease from ALC. The delivery of the aircraft, which was formerly on lease from ALC to A...
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