Rising fuel costs dent IAG profits
International Airlines Group's (IAG) profit before tax for the first three months of 2019 fell €86 million from €885 million reported in the same period last year. The group, which owns British Airway...
International Airlines Group's (IAG) profit before tax for the first three months of 2019 fell €86 million from €885 million reported in the same period last year. The group, which owns British Airway...
The French aviation industry is in disarray after two lucrative airport deals have suffered setbacks. A new client alert from Reed Smith partners based in Paris, Victoria Westcott and Guilain Hippolyt...
Barfield, a subsidiary of Air France Industries KLM Engineering & Maintenance (AFI KLM E&M), has signed a multi-year agreement to continue providing repair service and warranty support for the full ra...
Avolon Holdings has repriced its senior secured Term Loan B Facility. The Facility, which has a maturity date of January 2025, has been repriced at LIBOR plus 1.75% with a LIBOR floor of 0.75%, subjec...
Fly Leasing is reporting net income of $45 million, or $1.38 per share, for the first quarter of 2019, a significant increase from $9.6 million, or $0.34 per share, in its net income in the same perio...
Swiss Aviation Consulting (SAC) Group, an aviation services and advisory company, has appointed Roland Seidel as chief executive officer (CEO). The appointment reflects the company’s growth strategy p...
The UK Department for Transport has released the Airline Insolvency Review final report, which makes recommendations for consumer protection in the event of an airline or travel company failure. The T...
Ryanair has deployed GlobalBeacon, a live flight monitoring platform that combines FlightAware’s data processing capabilities and web-interface with global flight tracking coverage from Aireon. The Ai...
APOC Aviation has purchased two Boeing 737–700 airframes from previous owners Infinity Transportation. MSN34303 and MSN20752 were previously in BBJ configuration operated by PrivateAir – as such, both...
In April 2019, Finnair carried 1.227.400 passengers – 14.8% more than in the corresponding period of 2018. The overall capacity measured in available seat kilometres (ASK) increased in April by 19.6%....
The International Air Transport Association (IATA) global passenger traffic results for March 2019 shows that demand (measured in revenue passenger kilometers, or RPKs) rose 3.1%, compared to the same...
European airlines have been forced to cancel many flights in the wake of a French air-traffic control (ATC) strike, which began on May 8 at 7pm and will continue until 6am on Friday 10 May. Eurocontro...
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