News

AerCap priced a jumbo bond on September 3, 2024. The issuance consists of $1.3bn of 4.625% senior unsecured notes due 2029 and $1.1bn of 4.950% senior unsecured notes due 2034. The 2029 notes are pric...

Archer Aviation has completed 402 test flights for its eVTOL aircraft Midnight this year, it said on September 3, 2024. This places its testing plans four months ahead of schedule. The over 400 fli...

Contract workers for CBRE have voted in favour of strike action at Airbus' sites in Broughton, Wales and Filton, Bristol, the union representing them Unite said on September 2, 2024. Around 140 mai...

Boeing stocks tumbled over 8% after a Wells Fargo analyst report downgraded the company to 'underweight', as cash flow limitations impede on its rating. With aircraft delivery delays and added cost...

Elliott Investment Management has now acquired a 10% ownership of Southwest Airlines, it said in a filing late on August 30, 2024. The activist investor now has a large enough stake to call for a s...

C&L Aerospace will sell Australian airline REX Airlines' owned 737NG inventory. ""The unfortunate circumstance of REX going into administration has resulted in their 737 fleet no longer flying and ...

Lufthansa will resume flights to Tel Aviv from September 5, it said in an update. Flights were suspended amid ongoing geopolitical conflicts and tensions in the Middle East. Flights to Beirut remai...

Ethiopian Airlines has suspended its flights to Eritrea's Asmara, effective September 3, 2024. The airline said it was ""due to very difficult operating conditions it has encountered"" in the East ...

Pegasus Airlines selected Lufthansa Technik to provide its A320 family fleet with comprehensive base maintenance services. The airline's growing A320 family fleet will be supported in the three-year a...

Korean airline Air Premia has selected GE Aerospace's integrated software solution to help reduce carbon emissions and improve operational efficiency and safety. The integrated solutions include GE...

Cerebrum sold its investment in Satavia to Aerospace Carbon Solutions, a subsidiary of GE Aerospace. Cerebrum Partners is a joint venture backed by Campden Hill Capital, a venture capital and inves...

The New Zealand Government has decided to increase the international visitor conservation and tourism levy (IVL). It is a move the International Air Transport Association (IATA) said will ""hurt"" the...