Dublin-based aircraft leasing company Genesis has acquired two additional 737-800 aircraft on lease to American charter airline Avelo Airlines. “Genesis is delighted to grow our partnership with Avelo...
Horizon Aircraft has appointed Brian Merker as CFO. Merker has over 20 years of senior financial management experience along with 10 years in the aviation industry. “Brian’s advanced financial managem...
GE Aerospace has reached what it calls a ‘new milestone for a more sustainable future of flight’ with the completion of testing on its tenth engine model using 100% sustainable aviation fuel (SAF). Th...
American Airlines has been named to the Dow Jones Sustainability World Index (DJSI World) for the first time, one of only two passenger airlines (along with Japan’s All Nippon Airlines) included in th...
Aviation services provider AAR has added distribution support of select parts from American aviation manufacturer Woodward under its supplier capability contract with DLA Aviation. Under this multiple...
JetBlue has announced the appointment of Dawn Southerton as vice president, who will also assume the role of controller and principal accounting officer. Southerton previously served as vice president...
Boeing has announced Stephanie Pope as its new executive vice president and chief operating officer. The newly created position will be effective as of January 1, 2024. Pope will oversee the performan...
The heightened interest rate environment has increased the cost of debt for everyone but this has particularly hit hard those companies without the cushion of an investment grade rating. Banks are com...
Ashland Place is in the market with its inaugural asset backed securitisation (ABS), which comprises four tranches of aviation loans. The offering comprises $238.2 million A notes, rated AA by KBRA, w...
American credit rating provider Fitch Ratings predicts what it terms a ‘neutral outlook’ for the global airline sector for 2024, estimating that although global demand for air travel will continue to ...
The Communication Workers of America (CWA)-International Brotherhood of Teamsters (IBT) Association has reached what it describes as a ‘tentative agreement’ with American airlines on a new five-year c...
A study conducted by the Montreal Economic Institute has concluded that the high cost of domestic air travel is largely due to the various fees the federal government imposes on airlines and airports....
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