CarVal Investors, a global alternative investment manager, signed an agreement to acquire a majority holding of AerFin Limited from its current owner, Bob James. James will remain as the Managing Di...
The US will initiate discussions with Cuba to re-establish diplomatic relations, it was revealed today. “Decades of US isolation of Cuba have failed to accomplish our enduring objective of promoting t...
Lessor AeroCentury has purchased and leasedback two CRJ900 aircraft to Adria Airways. “These are our first CRJ900s,” said Neal D. Crispin, President of AeroCentury. “Adria Airways, a Star Alliance mem...
Intrepid Aviation has financed one A330-300 on lease to Sichuan Airlines, for which Nord LB provided the financing facility. “Nord LB offered an attractive financing solution for our delivery to Sichu...
Virgin America and China Eastern have announced a codeshare agreement to offer seamless booking and travel from Shanghai, China to multiple destinations across the United States. The new agreement wil...
Seabury Group (Seabury), a leading global advisory and professional services firm, announced today actions to propel the company into its next phase of growth with the creation of Seabury Advisory Gro...
Air Lease Corporation has announced a long term lease agreement for an additional new ATR 72-600 with KALSTAR Aviation (Indonesia), delivering from its order book with ATR in the second half of 2015. ...
US scheduled passenger airlines reported a net profit of $3.1 billion in the third quarter of 2014, down from $3.6 billion in the second quarter and virtually unchanged from $3.1 billion in the third ...
William S. Ayer, 60, former chairman and chief executive officer of Alaska Airlines and Alaska Air Group has been elected to Honeywell’s Board of Directors. He will serve on Honeywell's Corporate Gov...
Pratt & Whitney Canada has announced in both its Longueuil (Quebec) and Mississauga (Ontario) facilities that it will invest over $1 billion in research and development over the next 4.5 years to deve...
GE Aviation has been selected by The Boeing Company to provide the Common Core System (CCS) and the Enhanced Airborne Flight Recorder (EAFR) for the Boeing 777X aircraft. "This is a critical win for G...
Colombian airline Avianca has wet leased a 767-300ER from Omni Air International to cover both passenger and freight operations to meet anticipated high demand during the upcoming Christmas holiday se...
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