El Al reverses 2012 losses
Israeli carrier El Al Airlines has posted a full-year net profit of $25.4 million – a strong recovery from the $18 million loss the airline posted in 2012. Revenue rose by 4.3% to $2.2 billion, with e...
Israeli carrier El Al Airlines has posted a full-year net profit of $25.4 million – a strong recovery from the $18 million loss the airline posted in 2012. Revenue rose by 4.3% to $2.2 billion, with e...
Monarch Aircraft Engineering (MAEL), the independent aircraft maintenance provider and division of The Monarch Group, has recently deployed SMART (Specialised Monarch AOG Response Team) to carry out e...
Aircastle has completed the first part of the Company's previously announced $900 million purchase and leaseback agreement with LATAM Airlines Group (LATAM) for eight Boeing 777-300ER aircraft. Toget...
AWAS has agreed to the lease of two Airbus A319 aircraft with VIM Avia, an established scheduled service and charter operator based in Moscow, Russia. These modern aircraft are both from AWAS’ existin...
On 17 December 2013, Finnair signed the Memorandum of Understanding (MoU) with Novus Aviation Capital on the sale and leaseback of two Airbus 330 aircraft owned by Finnair. The transaction has now bee...
Lufthansa has been forced to cancel 3,800 flights due to a strike by pilots over pay and working conditions on Wednesday,Thursday and Friday this week. Some 425,000 passengers will be affected. Luftha...
US Airways exited Star Alliance and joined OneWorld yesterday completing another stage of the merger plans just 24 hours before Delta and Virgin Atlantic began flying their new joint schedule. The imp...
China Express Airlines has converted previously announced conditional purchase agreements for three CRJ900 NextGen regional jets into a firm order. The conditional purchase agreements for five CRJ900 ...
Batik Air, subsidiary company of low-cost carrier Lion Air, is expending its route network from 10 destinations to 22 during 2014 and is also offering a full service operation. The carrier will add si...
Speaking at the CAPA – Airline Fleet & Finance Summit 2014, Luu Khanh, managing director of VietJetAir has stated that the carrier intends to keep its funding mix at 30% sale and lease back, 30%-40% E...
HK Express intends to fly to leisure or secondary cities to match with sister airline Hong Kong Airlines’ destinations including Beijing and Shanghai. speaking at the CAPA – Airline Fleet & Finance Su...
Srinivasa Venkat, director of finance at Air India has disclosed to the audience at CAPA – Airline Fleet and Finance Summit 2014 that the airline does not have a strong enough balance sheet to raise f...
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