Norse Atlantic Airways has entered into a wet lease agreement with IndiGo for two more aircraft on May 8, 2025, completing the scope of six 787-9 Dreamliners detailed in the letter of intent from Nove...
BNP Paribas and SKY Leasing closed a deal for the financing of three 737 MAX 8 aircraft in April 2025.The aircraft are leased to Air India Express. BNP Paribas acted as arranger, security trustee, sol...
Shareholders of Malaysia’s Capital A, which owns AirAsia, have approved a capital reduction plan of up to 6bn Malaysian ringgits ($1.4bn), as the company aims to ditch its “financially distressed” sta...
Avolon has appointed Linda Hickey as an independent non-executive director of the company’s board and chair of its Audit and Remuneration Committees.Hickey currently is the senior independent director...
Air taxi developer Joby Aviation reported its first quarter results on May 7, 2025. The company also appointed its new CFO on the same day. The company ended the quarter with $813 million in cash and ...
Air New Zealand will suspend its Christchurch to Gold Coast service from November through to March next year, the New Zealand Herald reported, citing a number of factors that have impacted the carrier...
Aftermarket supplier AerSale reported a drop in revenues for the first quarter of 2025. Total revenues fell from $90.5 million last year to $65.8 million last quarter. “While we anticipated we would c...
airBaltic said it has seen strong demand for its business class upgrade bidding service, noting that it has contributed a "significant boost” to revenues.The airline said that since its launch, over 7...
Mexican low-cost carrier Volaris reported its passenger numbers were up 14.8% to 2.6 million during April 2025, compared to the same period last year. Domestic passengers were up 14.6% to 2 million, w...
The Norwegian Group recorded an operating loss (EBIT) of 611 million Norwegian crowns ($58.9 million) during the first quarter of year, narrowing losses by 152 million crowns ($14.6 million) from the ...
Novus Aviation Capital has appointed Motonari Komatsu as head of Japan. He joined the company on May 1, 2025, and succeeds Mitsuru “Brian” Koguchi. Koguchi is retiring but will continue to support the...
Romanian carrier DAN AIR has launched direct scheduled flights to Damascus, connecting Syria's capital with Bucharest, Frankfurt, Berlin, and Stockholm. “Romania and Syria share a long-standing relati...
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