The Airbus A321XLR is an extra-long range aircraft capable of flying up to 4,700 nautical miles. The aircraft is a derivative of the A321LR but has a ...
A irlines traditionally avoid operating aircraft from multiple manufacturers: largely relying on a single type fleet. But with the current supply chai...
A irports around the world are congested. At the beginning of this year, the International Air Transport Association (IATA) published data showing glo...
Avolon agreed the acquisition of Castlelake Aviation Limited (CAL) with an 118-strong aircraft portfolio in September 2024. Last year, Avolon was the ...
Unum Aircraft Seating completed an over-subscribed funding round, backed by existing shareholders, including ACF Investors and Origin Capital Partners, the company said on January 15, 2025. The compan...
GOL Linhas Aéreas Inteligentes (GOL) has outlined a new five-year financial plan, which is expected to serve as the foundation for the company’s standalone legal plan for reorganisation under Chapter ...
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...
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 ...
Watson Farley & Williams (WFW) supported the development of foundational materials for the Aviation Working Group (AWG) and Trinity College Dublin's transnational commercial and leasing law project. T...
Avolon completed its acquisition of Castlelake Aviation on January 17, 2025.The transaction, that was first announced on September 13, 2024, includes a portfolio of 106 leased aircraft along with comm...
Lessor Azorra has finalised a $190 million financing agreement with the Brazilian Development Bank (BNDES) to fund up to eight Embraer E2 jets.The financing, structured under the BNDES’ Exim post-ship...
Aircraft Leasing & Management (ALM), a wholly owned subsidiary of Fuyo General Lease, has sold one A320-200 aircraft to elfc. “This transaction represents another key milestone as we continue to broad...
US network carriers are expected to continue to outperform in the first quarter of 2025 due to premium revenues, rebound in corporate travel, and growth in Atlantic routes, Bank of America analysts sa...
Spirit Airlines has secured up to $300 million worth of financing in the form of a senior secured revolving credit facility.Detailed within a securities filing with the US Securities and Exchange Comm...
Boeing has resumed 777X certification flight testing on January 16, 2025, following a five month delay. “We continue to execute a rigorous test programme to demonstrate the safety, performance, and re...
Domestic and international flying hours are expected to continue hitting record highs in 2025, driven by high demand for new aircraft and aftermarket services, S&P Global Ratings said in its 2025 outl...
Scoot, the low-cost subsidiary of Singapore Airlines, will begin operations to Vienna on June 3, 2025.The new service will be the first direct flight to connect Singapore with the Austrian capital, op...
Vietjet has launched new routes between Vietnam and China. Starting March 30, 2025, the airline will offer direct routes connecting Hanoi and Ho Chi Minh City to Beijing and Guangzhou. The new routes ...
China Eastern Airlines has partnered with ECS Group subsidiary EFIS Maroc to secure flights to Africa featuring an 18-tonne cargo capacity.With the agreement, China Eastern Airways will launch three w...
Aviation Capital Group (ACG) has delivered one 737 MAX 8 aircraft to Air India Express on January 14, 2025.The aircraft is powered by LEAP-1B engines. This is the first aircraft scheduled for delivery...
Lufthansa Group has closed its €325 million deal to acquire a 41% stake in ITA Airways, the company confirmed on January 17, 2025. The Italian airline is now officially part of the Lufthansa Group, be...
IATA has opposed a proposal from the UK Home Office which outlines a 60% increase in the cost of UK Electronic Travel Authorisations (ETAs)The current price of an ETA stands at £10 ($12.19), but the p...
A shortage of over 4,500 commercial aircraft now exists in the market, according to a 2025 outlook report from PwC. “In 2024 alone, missed delivery commitments were an estimated 560 aircraft,” the re...
Global air cargo spot rates remained up over 22% in the second week of January 2025, at $2.76 per kilo, compared to the same period a year prior, according to WorldACD market data. This comes despite ...
Saudi startup airline Riyadh Air has pushed back its launch date from mid-2025 to the third quarter of the year. The delay comes as a result of delays to 787-9 deliveries. “Major parts of the first ai...
Etihad carried 18.5 million passengers in 2024, up 4.5 million passengers compared to 2023. The airline's load factor for the full year was 87%, up one percentage point compared to a year prior. Etiha...
Sustainable aviation fuel (SAF) solutions development platform SAF One has acquired Green Biotrade, a UAE-based feedstock and biofuels trading company. The company said the acquisition will strengthen...
Riyadh Air is preparing for the arrival of its first 787-9 Dreamliner, the company said on January 9, 2025. The leased aircraft will be used as a technical spare and for training purposes. The aircraf...
Saudi startup airline Riyadh Air has pushed back its launch date from mid-2025 to the third quarter of the year. The delay comes as a result of delays to 787-9 deliveries. “Major parts of the first aircraft are already prepared for final assembly and...
Lufthansa Group has closed its €325 million deal to acquire a 41% stake in ITA Airways, the company confirmed on January 17, 2025. The Italian airline is now officially part of the Lufthansa Group, becoming the group's fifth network airline. The grou...
US network carriers are expected to continue to outperform in the first quarter of 2025 due to premium revenues, rebound in corporate travel, and growth in Atlantic routes, Bank of America analysts said in a report on January 17, 2025. The analysts s...
Spirit Airlines has secured up to $300 million worth of financing in the form of a senior secured revolving credit facility.Detailed within a securities filing with the US Securities and Exchange Commission dated January 16, the financing includes an...
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