Delta Air Lines and Korean Air will acquire a combined 25% stake in Canadian carrier WestJet from private equity firm Onex, in a deal valued at $550 million.Under the new agreements, both airlines wil...
During the first week of May global air cargo volumes saw a decline - driven primarily by a sharp fall in shipments from the Asia-Pacific region along with regional holidays and regulatory changes in ...
Panama flag carrier Copa Airlines’ management said there is “healthy” demand despite current economic uncertainty. “We remain mindful of the uncertain economic environment,” said Copa Holdings CFO Pet...
International Airlines Group (IAG) detailed a deal for 53 new long-haul aircraft with both Airbus and Boeing on May 9, 2025. In addition, the airline group disclosed that it exercised options for a fu...
A new trade agreement between the US and UK will remove tariffs on Rolls-Royce engines exported across the Atlantic, following a carve-out included in a freshly negotiated deal. This deal will also se...
Mexican ultra-low-cost carrier Volaris carried 2.6 million passengers during the month of April, representing an increase of 14.8% on same month of the year prior.The airline reported a 16.9% increase...
Jet Parts Engineering (JPE) has acquired both Cima Aviation and Percival Aviation, the company said on May 8, 2025. Cima Aviation provides MRO services, specialising in fuel and hydraulic repairs. Per...
Finnair carried 968,000 passengers during April, a 6.6% increase on the same period of the year prior, with the airline citing gains in Asian, North Atlantic, European and domestic traffic but noted a...
Tire Bank has acquired a controlling stake in Air Premia — a long-haul “hybrid airline” based in South Korea. On April 30, 2025, Tire Bank Group signed a definitive agreement to acquire an additional ...
MUFG has closed a 12-year finance lease transaction with IndiGo for two A321neo aircraft, for the value of $106 million.The bank served as the mandated lead arranger, senior lender, facility agent, an...
Northern Jet has appointed Melanie Jones as its chief financial officer (CFO) on May 8, 2025. Jones brings over two decades of financial leadership experience to the role, with a strong track record i...
Financial services provider Investec's aviation team has completed a financing for four end-of-life widebody aircraft managed by EirTrade. The aircraft are A330-300 passenger aircraft on lease to a gl...
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