AerCap records $1.1 billion income for 2019
AerCap reported full year earnings of $1,145.7m for 2019 and also announced a $250 share repurchase programme which will run until the end of June 2020.The lessor also reported that new technology a...
AerCap reported full year earnings of $1,145.7m for 2019 and also announced a $250 share repurchase programme which will run until the end of June 2020.The lessor also reported that new technology a...
Embattled carrier Norwegian reported a $174 million loss for 2019 as it reported its fourth quarter and full year earnings, with the firm blaming ongoing problems with the Boeing MAX and Rolls-Royce ...
Airbus reported an increase of adjusted earnings before interest and taxes (EBIT) of 19% to €6.9bn in 2019, however this excludes the firm’s recent record €3.6 billion fine imposed by US, UK and Braz...
Nordic Aviation Capital (NAC) has announced it has priced a $858.83 million US Private Placement, which the firm said was the largest deal ever of its type by an aircraft lessor. The pricing of th...
Ireland-based lessor Avolon released its full year results today which included a full year profit of $718m and an increase in unencumbered assets by 71% to $14.9 billion in 2019. Lease revenue in...
Ryanair, won its appeal ruling confirming the carrier is not liable to EU261 compensation in relation to disruptions caused by union-led strikes as such disruptions constitute extraordinary circumsta...
Embattled European carrier Air Italy has gone into liquidation despite major shareholder Qatar Airways (49%) publicly expressing its commitment to continue supporting the airline.Air Italy was founde...
Airbus has launched MAVERIC (Model Aircraft for Validation and Experimentation of Robust Innovative Controls) its "blended wing body" scale model technological demonstrator. At 2 metres long and 3.2 ...
Lessor, Nordic Aviation Capital has appointed Patrick de Castelbajac as chief executive Officer, effective from the Q3 2020, when he will be based at NAC’s newly opened headquarters in Limerick, Irel...
Rolls-Royce has started to manufacture the world’s largest fan blades, for its UltraFan demonstrator engine that the firms claims will set new standards in terms of efficiency and sustainability. As ...
In January 2020, Finnair experienced strong demand and carried 1,122,000 passengers, 11.3% more than in the corresponding period of 2019. The overall capacity measured in available seat kilometres (A...
Air Serbia posted continued passenger growth in January when it carried 168,856 passengers from Belgrade Airport, a 27% uplift on the same period 12 months earlier. According to the firm this repre...
We're Social