Global air cargo tonnages have recovered more quickly than 2022 following the annual American Thanksgiving holiday, weekly analysis from World ACD Market Data suggests, with rates ex-Asia Pacific cont...
Regional aircraft lessor Nordic Aviation Capital has completed a sale agreement with Danish MRO provider Skyways Technics for one ATR 42-500. As a regional MRO provider, Skyways Technics provides comp...
Finnish national carrier Finnair carried 811,900 passengers in November 2023, 8.1% more than the same period last year, although 11.8% down on October 2023 due to expected seasonality. Overall capacit...
The Structured Finance Association has appointed Kroll Bond Rating Agency (KRBA)’s Rosemary Kelley to its board of directors for 2024. As the senior managing director and head of structured finance bu...
Global aircraft and engine component support and MRO provider AerFin has appointed David Greenwell in the newly created role senior vice president, supply chain, based out of the company’s Miami facil...
Air Serbia has agreed a minimum five year contract with Lufthansa Technik to provide Total Component Support for their current and future Airbus A320ceo family fleet, starting in January 2024. The con...
The Cathay Group has become the latest carrier to order the all-new A350F, signing a purchase agreement for six aircraft which will join Cathay Cargo. Cathay has also secured options for a further 20 ...
American-headquartered lessor Azorra has announced the delivery of its fourth Embraer E195-E1 aircraft to SAS Link, the regional subsidiary of Scandinavian carrier SAS. “Azorra is thrilled to beco...
Pratt & Whitney Canada and Leonardo have completed the first AW139 flight powered by 100% sustainable aviation fuel, also marking the first time a PT6 engine has been flown using 100% SAF. The 75 minu...
Integrated aftermarket services and products provider AerSale has received a FAA Supplementary Type Certificate (STC) for its ‘AerAware’ Enhanced Flight Vision System (EFVS). The STC applies to the 73...
Many airlines have recorded record profits in 2023 capitalising on sustained demand for air travel. However, costs are rising steadily as inflation bites. Wages are rising with airlines bearing the br...
Shannon Engine Support (SES) concluded an $875 million engine portfolio financing in a club-deal of eight banks on November 20, 2023. This landmark transaction, which is the largest aircraft engine po...
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