Catalan airline Vueling posted an operational profit of €60.8 million at the end of the third quarter (between July and September), a 2% increase over last year. Although the operational profit, befor...
The Air Transport Association of America (ATA) is suing The Export Import Bank of America (Ex-Im) in a bid to block the $3.4bn loan guarantees for the Air India Boeing 787 order. The ATA maintain that...
Dart Group, which owns Jet2holidays, has posted pre-tax profits of £41.6m in the six months to September 30 – a rise of 8% over the same period last year. The good news comes despite high jet fuel cos...
Louis Gallois, CEO of Airbus parent European Aeronautic, Defence and Space (EADS), wants the free the company from politics and says investors should be free to buy and sell their shares as they wish ...
China Eastern Airlines has closed an aircraft financing for one A320-200 under a French Lease combined with Export Credit Agency (ECA) debt structure. Credit Agricole-Corporate Investment Bank (CA-CI...
Southwest Airlines’ buy rating was reaffirmed by equities research analysts at Citigroup, while Zacks Investment Research reiterated a “neutral” rating on shares of Southwest Airlines. Analysts at Rod...
Direxion, best known for its suite of leveraged and inverse ETFs, has begun the process of shutting down one of its few non-leveraged funds, the Airlines Shares ETF earlier this week. A lack of assets...
EADS CEO, Louis Gallois, stated yesterday that his company has not been affected by the difficulties French banks are having in securing dollar financing. He stated that foreign banks that have acc...
The US Export-Import Bank (Exim Bank) has approved guarantees up to $1.3 billion to Air India to fund the purchase of 27 787s. The Indian government is meeting on October 22 to decide on the whether t...
The Export-Import Bank of the United States (Ex-Im Bank) is providing an $80 million guarantee of the loan from the Private Export Funding Corp. (PEFCO) for one 737-900ER delivered to Tajikistan airli...
AWAS has finalised the acquisition of two 737-800s and one Airbus A330-200 aircraft from another lessor. The two 737’s are already on long-term leases to current AWAS customer Garuda Indonesia, and th...
Flybe has issued a profit warning after announcing that revenue for the six months to September 30 was 1% below management’s expectations, although costs were in line with forecasts. A significant slo...
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