Airlines & Lessors
Jul 11, 2019
Dubai Aerospace Enterprise (DAE) completed 24 lease transactions in the first half of 2019 and added a new $440 million revolving credit facility.
Jul 11, 2019
Philippine Airlines (PAL) has taken further steps in the transition of its leadership team, as it announces new senior officers to work under its next chief.
Jul 11, 2019
Calgary-based Canadian North and Ottawa-based First Air have finalized their plan to merge, paving the way for the combined carrier to integrate operations as part of a strategy to serve 24 Arctic communities.
Jul 11, 2019
Norwegian Air Shuttle co-founder CEO Bjørn Kjos is stepping down with immediate effect after 17 years with the airline, which is trying to achieve a financial turnaround. CFO and deputy CEO Geir Karl Karlsen has been named acting CEO.
Jul 10, 2019
The grounding of its 24 Boeing 737 MAXs cost American Airlines $185 million in pre-tax second-quarter income and dented its growth and unit-cost projections, the airline said July 10.
Jan 17, 2023
Ghana's government made tentative commitments for Boeing 787-9s and De Havilland Canada Dash 8-400s for the startup but it is unclear if these will be firmed up
Jan 16, 2023
Despite the return of passengers, the industry faces an aircraft shortage and manufacturers will delay delivery targets, Avolon predicts.
Jan 16, 2023
News of the funding behind Nigeria Air came as a group of other Nigerian airlines went to court attempting to block its launch.
Jan 16, 2023
Administrators managing the sale of South African LCC Mango Airlines warn they'll begin winding down the business if delays drag on.
Jan 16, 2023
Bain Capital says it is looking at "how to best position Virgin Australia for continued growth and long-term prosperity."
Jan 16, 2023
Video circulating on the internet shows Flight YT691 flying at a low level before rolling sharply to the left.
Jan 13, 2023
Alaska Airlines inherited a fleet of 73 leased Airbus A320 family jets in its 2016 acquisition of Virgin America.
Jan 13, 2023
Delta Air Lines is adopting a cautious approach to rebuilding its presence in China as the country reopens to international travel.