AerCap Holdings has revealed it has taken-out a $4.0 billion unsecured revolving credit facility with a syndicate of financial institutions that matures in February 2024. In a statement the firm said ...
The International Air Transport Association (IATA) has called governments to respond promptly to the financial frailty of airlines in a response to the US government’s banning of large parts of Europe...
Seconds after we sent our news update today, Norwegian sent what amounts to a cry for help for government assistance. Although the airline welcomed the decision of the Norwegian government to remove a...
Universal Asset Management has announced that it has acquired an Airbus A319 MSN (1925) previously owned by FlyBosnia. Jeff Sabo, senior vice president, UAM, said, “The acquisition of MSN 1925’s airfr...
AerCap is to suspend it share repurchase activity in the light of current uncertainty in the aviation sector, said the lessors’ chief executive, Aengus Kelly, speaking today at the JP Morgan Industria...
Eastern Airways is expanding the number of routes it provides from Southampton Airport to six with the announcement that it will reconnect the south coast of England to Belfast City. From March 23 202...
You might have suspected that this move was coming, but nevertheless when it did it was still a shock. All flights to the USA from the EU Schengen border-free travel area will be cancelled from midnig...
The European Commissions (EC) to responding to industry pressure over slot use obligations and is planning the temporary suspension of “use it or lose” regulations, which both IATA, and other industr...
Aircraft spare parts firm AJW Group is extending its Pool Access Agreement with Acropolis Aviation in support of G-NOAH and has entered into a new support agreement for G-KELT. AJW has been providing ...
Due to health and safety reasons as well as actions taken by authorities, AirBaltic has made a decision to temporarily suspend all flights to/from Rome (Italy) starting on March 10 and to/from Tel Avi...
Due to the impacts of the coronavirus situation, Finnair has already cancelled approximately 1,400 flights from its network and is now further adjusting its network to the decreased demand. Finnair is...
Ryanair today announced the suspension of its full flight schedule to/from and within Italy, following the decision of the Italian Government to “lock down” the entire country to contain the spread o...
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