UK Government backs Heathrow expansion
The UK Government backed Heathrow’s expansion with the Chancellor announcing the government’s support for a third runway on January 29, 2025.The expansion is part of the government’s set of reforms to...
The UK Government backed Heathrow’s expansion with the Chancellor announcing the government’s support for a third runway on January 29, 2025.The expansion is part of the government’s set of reforms to...
Azul has completed the restructuring of its obligations with nearly all bondholders, lessors, and OEMs, the Brazilian airline said on January 29, 2025. In addition, the company closed its previously a...
Nord/LB's global head of aviation Frank Wulf said his time at the bank “will come to an end” as this month closes after “the successful transition of the aviation lending book to Deutsche Bank”, Wulf ...
Aircastle priced its $500 million 5.250% senior notes due 2030 at an issue price of 99.171% on January 28, 2025. The issuers plan to use the net proceeds of the offering for general corporate purposes...
Carlyle Aviation Partners has issued the first commercial aircraft asset backed securities (ABS) of 2025 with the $518.3 million AASET 2025-1 on January 27, 2025.The issuance is split into two tranche...
Pratt & Whitney’s operating result swung to a profit of $2bn in full year 2024, up from an operating loss of $1.5bn in 2023. For the quarter, operating profit was up 32% to $504 million. Sales were up...
An Air Busan aircraft caught on fire before departing Gimhae International Airport in Busan on January 28, 2025, Yonhap News Agency reported, citing authorities.Early reports from South Korea's Yonhap...
Germany’s Lufthansa airline group is reportedly in talks to take a minority stake in Spain's Air Europa, according to a report from Spanish media outlet el Economista.The Hidalgo family, which owns 80...
JetBlue reported a net loss of $795 million for the full year, or a loss per share of $2.30, widening further from $310 million in 2023, or a loss per share of 93 cents. For the fourth quarter, net lo...
Boeing reported an annual net loss of $11.83bn in 2024, widening significantly from $2.2bn net loss in 2023. The loss marks its second highest annual loss on record – behind its $11.94bn net loss in 2...
Dallas based aircraft engine maintenance, repair, and overhaul (MRO) provider BP Aero has obtained UK Civil Aviation Authority (CAA) and Civil Aviation Administration of China (CAAC) certifications.Th...
The US National Transportation Safety Board (NTSB) has launched an investigation into a United Airlines flight operating between Lagos and Washington DC on January 24, after sudden aircraft movement r...
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