FAA grounds MD-11 flights after UPS crash
The US Federal Aviation Administration (FAA) has issued an emergency airworthiness directive on Saturday (November 8), banning all Boeing model MD-11 and MD-11F flights.The emergency directive issuanc...
The US Federal Aviation Administration (FAA) has issued an emergency airworthiness directive on Saturday (November 8), banning all Boeing model MD-11 and MD-11F flights.The emergency directive issuanc...
Shares in International Consolidated Airlines Group (IAG) closed more than 10% lower after the company reported a mostly “flat” third-quarter performance.Total third-quarter revenue was €9.32bn, almos...
The Federal Aviation Administration (FAA) has announced plans to reduce capacity by 10% across 40 “high-traffic” airports, as the US government shutdown continues to exacerbate the country’s air traff...
A US court has approved a Chapter 11 reorganisation plan and a $650 million backstop commitment agreement that are designed to recapitalise Azul, the bankrupt low-cost carrier.On Tuesday (November 4),...
Willis Mitsui & Co. Engine Support (WMES), aircraft engine lessor, Willis Lease Finance Corporation’ (Wilis Lease) long-standing joint venture with Mitsui & Co (Mitsui), has entered into a new $750.0 ...
American Airlines has launched a new enhanced equipment trust certificate (EETC) transaction – returning to the market for the first time since 2021. United Airlines has been the only other public iss...
JetBlue has reported a net loss of $143 million for the third quarter of 2025, widening from $60 million a year prior. Operating loss for the period widened from $38 million last year to $100 million....
Riyadh Air has signed a lease agreement with AviLease for one 787-9 Dreamliner, the airline announced on Monday (October 27). The deal marks Riyadh Air's first aircraft lease and will support the airl...
FPG Amentum and BC Partners has acquired Crianza Aviation, the aircraft leasing platform owned by IMM Investment, Cerritos, and EastMerchant Capital. The deal was signed this week and announced today....
TrueNoord has placed a firm order for 20 brand-new Embraer E195-E2 aircraft and has secured purchase rights for up to 30 additional jets.The purchase rights cover up to 20 additional new E195-E2 aircr...
Virgin Atlantic has appointed Corneel Koster as its new CEO, effective January 1, 2026.Koster will replace Shai Weiss, who has held the role of CEO for seven years, and who will step down on December ...
Hamburg Commercial Bank (HCOB) has agreed to sell its aviation finance portfolio to Deutsche Bank, HCOB said on Thursday (October 2). The portfolio consists exclusively of performing loans worth aroun...
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