American Airlines has expanded its codeshare agreement with Finnair with 12 Mexican destinations to begin in January 2025. The codeshare includes American Airlines' flights from its Dallas-Fort Worth ...
Castlelake completed the financing of a loan to Virgin Atlantic Airways, the company said on January 13, 2025. The loan is secured by approximately $400 million in assets, including one A350-1000 airc...
McLarens Aviation has promoted John Bayley to global technical director. He will take on the newly created role alongside his existing responsibilities as regional director for Europe. The new role wi...
AerDragon Aviation Leasing completed the sale of two A320-200 aircraft on January 14, 2025. The two aircraft are on lease and were sold to Xiamen Aircraft Leasing. ...
Azorra signed 17 aircraft lease agreements in the fourth quarter of 2024, the company said on January 13, 2025. The agreements consisted of five A220-300s, two E190-E1s, seven E190-E2s, and three E195...
The aviation industry faces “unprecedented” financing needs, requiring $600bn over the next six years, with half of that expected to come from the leasing sector, Air Lease Corporation (ALC) executive...
The geared turbofan (GTF) engine issues are likely to be a “four to five year issue”, Wizz Air CEO Jozsef Varadi said at Airline Economics’ Growth Frontiers Dublin 2025 conference. “At the beginning, ...
Aegean Airlines plans to explore opportunities for growth in 2025, citing a “robust” performance in 2024.Speaking at the Airline Economics Growth Frontiers Dublin 2025 conference, Aegean’s deputy CFO,...
Same day travel between the UK and Ireland is still down compared to pre-COVID levels, said executive chairman of Emerald Airlines – the operator of Aer Lingus’ regional arm – Conor McCarthy.Speaking ...
LCI and Sumitomo Mitsui Finance and Leasing (SMFL) have executed $420 million worth of loan facilities, that can be used for funding social projects.The loan facilities were executed with four global ...
After delays to its initial public offering (IPO), Latvian airline airBaltic CEO Martin Gauss said the IPO could potentially be pushed back further to next year. “We will do this at the right time and...
The outlook for 2025 has cautiously optimistic across the board from airlines to lessors. Cirium Ascend Consultancy global head Rob Morris provided an outlook with a share of optimism at Airline Econo...
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