The Russian Government has set aside about $3.918 bn for purchasing foreign aircraft leased by Russian airlines, reports TASS. In a meeting of the Committee on Transport and the Development of Transpo...
Air Lease Corporation (ALC) has successfully closed its inaugural sukuk issuance. The transaction, settled on March 15, 2023, represented the first ever offering of its kind into the Middle East marke...
The International Air Transport Association (IATA) has issued a warning about financial crisis in Pakistan as the international airlines are finding it difficult to repatriate their dues, paid in doll...
Eve Holdings/Eve Air Mobility on March 17 reported a net loss of $20.1 million for the fourth quarter of 2022 and full-year loss of $174 million. A loss of less than $20 million was recorded by the el...
JetBlue said March 27 remains as "the record date for the March 2023 prepayment to Spirit stockholders of $0.10 per Spirit share, with payment of the March 2023 additional pre-payment to follow four ...
Gatwick Airport made £195.2 million profit in 2022 as passenger numbers topped 32 million. The return to profit came after heavy losses of over £800 million over 2020 and 2021 but chief executive Stua...
Aegean Group reported a return to profit in 2022 after a 98% revenue increase to €1.34bn compared with the year before. The surge meant the company exceeded its pre-Covid 2019 revenue by 2%, leaving i...
Air France-KLM has repaid a €4bn pandemic-era loan, which was granted by nine banks and was guaranteed by the French state, with a final €2.5bn tranche returned ahead of March 15. The group said its "...
Lawyers at London-based Watson Farley & Williams (WFW) advised Investec Aviation Finance on its recent launch of a $500 million aviation debt platform in partnership with an unnamed Japanese instituti...
The China Aircraft Leasing Group Holdings Limited (CALC) reported a strong revenue, closing the year 2022 with HK$4,171 million reporting 27.2% increase over 2021. CALC wrote off in full of two aircra...
Boeing foresees aircraft financing reverting to "near pre-pandemic levels in 2023" after the re-opening of most travel markets and the projected expansion of travel in Asia to close to what it was pre...
Finnair has reached a savings agreement with its cabin crew, which it said will run until the end of 2025. The Finnish flag carrier said the deal means it "has concluded the change negotiations it sta...
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