Airlines & Lessors
Jan 16, 2017
UK aero-engine manufacturer Rolls-Royce has reached “in principle” a deferred prosecution agreement (DPA) with the UK’s Serious Fraud Office (SFO) that will see the company paying financial penalties amounting to £671 million ($809 million).
Jan 16, 2017
Scandinavian regional airline Widerøe has been named as the previously undisclosed customer for three firm Embraer E190-E2s in a deal valued at $873 million at list prices if purchase rights on a further 12 E2 family aircraft are firmed.
Jan 16, 2017
Saudi Arabian hybrid carrier flynas has ordered 80 Airbus A320neo family aircraft and taken purchase rights on a further 40. At list prices, the order is worth $8.6 billion.
Jan 16, 2017
At least 31 people aware killed and more injured when a Turkish Boeing 747 freighter crashed into a village near Manas airport in Kyrgyzstan late evening US eastern time Jan. 15.
Jan 13, 2017
Worldwide air freight traffic increased 6.8% year-over year (YOY) in November 2016, moderating from October’s 8.4% YOY growth, which was a 20-month high, according to IATA’s November Air Freight Market analysis.
Apr 14, 2021
British Airways plans to keep the Airbus A380 in its fleet and still sees an important role for the type in its network as the airline emerges from the COVID-19 crisis.
Apr 14, 2021
Long-haul startup Norse Atlantic Airways took a further step towards its planned launch of low-cost transatlantic services, raising a total of NOK1.4 billion ($166 million) in a listing on the Euronext Growth Oslo exchange.
Apr 13, 2021
Boeing’s March deliveries included 19 737 MAXs, pushing the first-quarter total to 58 and keeping the manufacturer largely on track to meeting its…
Apr 13, 2021
Air Canada’s long-awaited federal financing package has several complexities the airline needs to address as the recovery in Canada’s air travel market remains more uncertain than ever.
Apr 13, 2021
JetBlue Airways and Qatar Airways announced plans to expand their existing codeshare partnership, offering customers more connecting options on flights between the U.S., Africa and Asia.
Apr 13, 2021
A surge in coronavirus cases and low vaccination rates in some of South America’s key markets are stalling the recovery of air travel in the region, creating uncertainty for some operators that just a few months ago believed the worst was behind them.
Apr 13, 2021
Australia’s competition watchdog has granted final approval for Virgin Australia to closely cooperate with Brisbane-based regional carrier Alliance Airlines, primarily on domestic routes.
Apr 13, 2021
Lufthansa subsidiary SWISS International Air Lines (SWISS) is working on measures which will result in it becoming a smaller airline after it posted its first loss for 15 years.