News

Speaking at the CAPA – Airline Fleet & Finance Summit 2014, George Weinmann, chief executive of MEGA Maldives Airlines has revealed that growth in the Maldives has been slightly above expectations and...

China Southern Airlines has posted a net profit of 1.99 billion yuan ($A346.41 million), a 24.2% decline on the 2.62 billion yuan reported for 2012. Revenue also fell by 1% to 98.55 billion yuan. "In ...

Embraer has delivered, in a ceremony held at the Company’s headquarters, in São José dos Campos, the first E175 to SkyWest, based in the State of Utah, US. The aircraft is part of the firm order signe...

The European Aviation Safety Agency (EASA) has granted Part 145 certification to AerSale’s aircraft heavy maintenance & storage facility located in Roswell, NM.  This additional certification is part ...

Abu Dhabi Airports has reported a 15.6% increase in passenger traffic during February 2014 at Abu Dhabi International Airport, as compared to February 2013. The airport’s passenger statistics showed t...

It has been reported that Standard Chartered is seeking to expand its airline loan book by almost 75% over the next four years, from the current $5.8bn to $10bn. Simon Perkins, chief commercial office...

Novus Aviation Capital has closed a finance lease with Emirates Airline for one A380-800, bearing msn 142. The deal is the third transaction for Tamweel Aviation Finance (TAF), Novus Aviation’s manage...

London Luton Airport has signed a new 10 year deal with easyJet, which will more than double the number of easyJet passengers using the Airport to over 9m a year. The agreement, which will see the cre...

The cost of flying to foreign destinations from Finland has fallen by 24% according to data from Statistics Finland, which has been driven by intense competition from low-cost airlines. Air fares to f...

Air India has disclosed at an industry event this week that it is currently unable to raise financing for its aircraft deliveries on its own due to its weak balance sheet. One option open to AI and it...

Rolls-Royce has been selected by All Nippon Airways (ANA) to provide Trent 1000 engines, worth $1.1bn, to power 25 Boeing 787 Dreamliner aircraft. The airline already has 55 of the aircraft in service...

Bangkok Airways has come to an agreement with the Securities and Exchange Commission (SEC) on its accounting system that will clear the path for it to launch an initial public offering (IPO). The SEC ...