United Airlines recorded a $256 million pre-tax loss for the first quarter of 2023 (Q1 2023), even as revenue grew 51.% year-on-year to $11.4bn. The loss was "consistent with expectations provided in...
AirAsia X has requested an extension of three months to Bursa Malaysia to file its regularisation plan. The latest application requests a new date of July 28, 2023. In the October 2022 filing, the com...
The Asian Infrastructure Investment Bank has extended a €140 million loan to the operator of Turkey's Antalya airport to improve its existing runway capacity and terminal infrastructure. The capex bri...
MTU Aero Engines said its first-quarter revenues reached €1.54bn, with its maintenance, repair and overhaul operations making up just over £1bn of the total. "Before consolidation effects, the OEM seg...
Confusion around pricing and the perceived lack of a policy framework could stall the roll-out of sustainable aviation fuel (SAF) in Europe, says International Airlines Group (IAG) chief executive Lui...
Watson Farley & Williams has advised Ultimate Aviation Group (OHS UK) in a key transaction of acquiring Offshore Helicopter Services UK from CHC Helicopter Group. The transaction involved flexibility ...
JetBlue is proceeding with its previously-announced plan for a pre-payment of 10 cents a share to Spirit Airlines stockholders. “JetBlue has set April 24, 2023, as the record date for the April 2023...
Bamboo Airways’ plans of raising $410 million via private placement of shares have been rejected by 56.4% of the shareholders during the general meeting held on April 10, 2023, local media reports. Th...
Pakistan International Airlines has requested additional funds worth $157.1 million from Pakistani government for payment of interests and covering operational costs. The break-up of the amount stands...
Aircraft lessor TrueNoord has closed a new five-year term loan of $275 million to expand its aircraft assets.The cash will also help "finance a well-diversified portfolio of 31 owned regional jet and ...
Air Charter Service said its 2022 results "exceeded expectations" in 2022 with a 35% growth in private jet income and the arranging of 28,000 charter flights, including for over 2,000 new customers. ...
Norse Atlantic Airways reported "an aggregate load factor" of 60% for March 2023, up 10 percentage points on the previous month. Operating 223 flights, the airline carried over 42,000 passengers. “We ...
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