Air Europa secures state-backed loan
Air Europa has secured a €475 million ($555.85 million) aid package from the Spanish government, which comprises a €240 million equity-backed loan and a €235 million regular loan, according to governm...
Air Europa has secured a €475 million ($555.85 million) aid package from the Spanish government, which comprises a €240 million equity-backed loan and a €235 million regular loan, according to governm...
Virgin Atlantic will be launching the first flight from Europe to St Vincent in June 2021 with new services from London Heathrow. The twice-weekly service will operate with the airline’s A330-300 airc...
Norwegian’s traffic figures for October are heavily influenced by lower demand caused by continued travel restrictions across Europe, with several new red zones. In October, 319,477 customers flew wit...
Wizz Air has posted an underlying net loss of €243.1 million for the six months to 30 September 2020, with revenues down by 71.8% to €471.2 million. Total operating expenses (including discontinued fu...
Lufthansa Group, which owns Austrian Airlines, Brussels Airlines, Swiss International Airlines, has reported a €1.967bn loss for the three months to end September 2020, as revenues plummet by 74% comp...
Stobart Group, which owns Stobart Air and London Southend airport, has reiterated its intention to sell Stobart Air, remarking that the trading outlook for the airline has deteriorated significantly s...
Finnair has postponed the delivery of the remaining three committed A350-900 aircraft. The agreement is a part of Finnair’s comprehensive measures to ensure that the company can emerge from the COVID-...
easyJet has raised $169.5 million from the sale and leaseback of a further eleven aircraft with two counterparties. Ten A320 family aircraft were sold to ACS Aero 2 Beta. The cash sales proceeds were ...
Insurance broker Marsh has appointed Tony Ambrose as deputy CEO, Aviation, Marsh JLT Specialty, effective immediately. Currently a managing director within Marsh’s Aviation Practice in London, Ambrose...
GOAL Aircraft Leasing has sold one Embraer E190-100LR aircraft with MSN 19000435 to Pionair Australia Pty Ltd. The aircraft had been leased to a European wet-lease operator and will be ferried to Aust...
The cargo division of International Airlines Group has partnered with IATA’s air cargo rates distribution platform, IATA Net Rates, to offer an additional platform which customers can use to do busine...
A new PwC report that assesses the attractiveness of aerospace manufacturing investments globally has ranked the UK 7th out of 100 countries and as the top performing European nation. The 2020 Aerospa...
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