HNA Group’s cargo subsidiary Yangtze River Express has applied to the Civil Aviation Administration of China (CAAC) to become a passenger airline. Currently the airline operates 18 freighter aircraft:...
Bank of India (BOI) has agreed to a $200 million bridge loan to Air India to finance the acquisition of three 787s, which would then be offered for sale leaseback to leasing companies. The airline pla...
Airbus has removed five A350-800s and five A380s ordered by Kingfisher Airlines from its order book. The European manufacturer has also removed 12 A319/A320s destined for United Airlines. ...
The Securities and Exchange Board of India (SEBI) is poised to issue its decision on whether Etihad and Jet broke takeover rules during Etihad’s purchase of a 24% stake in the Indian carrier. The clai...
A Supreme Administrative Court in Rome yesterday ruled that Emirates had breached the bilateral air-service agreement between Italy and the United Arab Emirates with its Milan/New York service and tha...
Ryanair will open its fifth German base at Cologne in October 2014 with one based aircraft and five new routes to Dublin, London Stansted, Madrid, Riga and Rome Ciampino. Ryanair will invest over $90m...
Norwegian Air Shuttle (NAS) plans to hire more people to work at its Dublin office that is the headquarters for its new long-haul business. Chief executive, Bjorn Kjos, said that the airline employs 4...
Avolon’s committed fleet reached 202 aircraft serving 47 customers globally at the end of the first quarter of 2014 from 167 aircraft at end of Q1 2013. The lessor has sold 12 aircraft in the past 12 ...
AerCap has completed 29 aircraft transactions during the first quarter 2014. The lessor signed lease agreements for 15 aircraft. The average term of lease agreements contracted during the past twelve ...
David Brookes has joined Vedder Price’s Global Transportation Finance practice as Partner in its London office. Brookes has significant experience in banking and corporate lending and asset finance, e...
Further to the announcement of 2 April regarding discussions with parties for long term financing, fastJet confirms that it is conducting a proposed issue of new shares to raise gross proceeds of at l...
Air Canada has priced its previously announced private offering of senior unsecured notes. The offering was upsized from the previously announced US$300 million aggregate principal amount as Air Canad...
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