American Airlines took on additional debt during the pandemic, with its debt level peaking at over $54bn in mid-2021 (inclusive of debt, lease liabili...
Riyadh Air is slowly revealing its operating model to the world. At the Dubai Airshow in November, the airline introduced its second aircraft livery...
The exceptional individuals of the Airline Economics 40 under 40 Class of 2023 have been chosen from among the brightest talents in the aviation indus...
Amidst recovering passenger traffic, increasing capacity and networks, recruitment drives and a promises for cleaner, greener and a more sustainable a...
airBaltic has priced an additional €40 million ($43.2 million) of its 14.50% senior secured notes which are due 2029.Originally issued in May of this year –the total issue size is now € 380 million (...
CALC has secured a $400 million warehouse facility – with the option to increase the facility amount – in order to finance its orderbook of next-generation aircraft, refinance existing aircraft and bo...
APOC Aviation has secured a multi-faceted financing facility with Deutsche Bank AG via its transportation structured finance group. The funds will be used to expand APOC’s existing business portfolio ...
Based on preliminary figures – for the first nine months of the year - MTU Aero Engines is raising its guidance for the financial year, with the company forecasting an adjusted EBIT of slightly over €...
Commercial passenger lessor Avation has agreed a further lease term extension on an A320-200 aircraft operated by easyJet.The lessor - which leases to airlines across the world – has customers includi...
CDB Aviation has delivered one A330-300 aircraft on lease to Thai Airways. “We are delighted to be welcoming Thai Airways to our growing Asian Pacific customer base,” said Jie Chen, CDB Aviation’s chi...
The Saudi PIF-owned AviLease has purchased a 787-9 aircraft from global lessor Babcock & Brown Aircraft Management (BBAM). "We view this transaction as the beginning of a strong trading partnership," ...
Lessor Aircastle has reported a total revenue of $217 million for the three months ending August 31, 2024. This revenue is alongside a net income of $29 million and an adjusted EBITDA of $199 million....
Global Air Cargo – a subsidiary of ECS Group – has formed a partnership with Air Serbia in order to enhance cargo operations across the US.Since October 1, 2024, Globe Air Cargo has exclusively repres...
American Airlines has received tentative approval to begin a daily service between San Antonio International Airport (SAT) and Washington Reagan National Airport (DCA) by the US Department of Transpor...
The US Department of Transportation (DOT) has imposed a $4 million penalty against Lufthansa for discriminating against Jewish passengers who were travelling with the airline from New York.The Departm...
interCaribbean Airways is set to launch a new twice-weekly service between Grenada and Georgetown, Guyana."This non-stop service between Grenada and Georgetown is a game-changer for regional connectiv...
Cathay Pacific has welcomed the Hong Kong SAR government’s initiatives to further strengthen Hong Kong’s international hub status.“Hong Kong International Airport is one of the world's busiest airport...
Malaysia Airlines has confirmed that the delivery of its first A330neo aircraft has been delayed.The first aircraft delivery was originally expected in September of this year, the aircraft is now due ...
Commercial passenger lessor Avation has agreed a further lease term extension on an A320-200 aircraft operated by easyJet.The lessor - which leases to airlines across the world – has customers includi...
Qantas is to expand its international network with new aircraft and a new destination, in response to growing demand in the Asia-Pacific and US markets.From February of 2025 the Australian flag carrie...
The Science Based Targets initiative (SBTi) has officially validated Ryanair’s short-term emission reduction target.The SBTi helps to develop standards, tools and guidance which allow companies to set...
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) is to make “significant” leadership changes.Ton Dortmans - executive vice president (EVP) of KLM E&M – is set to retire in summer 2025...
Data collected by Cirium shows that global flight cancellations were down by 11% during the month of September – with 47,324 cancellations – in comparison to 52,931 during August. Looking at airline p...
airBaltic has priced an additional €40 million ($43.2 million) of its 14.50% senior secured notes which are due 2029.Originally issued in May of this year –the total issue size is now € 380 million (...
Etihad Cargo is set to expand its winter schedule, increasing belly hold cargo capacity across key global markets.Etihad Cargo will offer belly capacity on 880 passenger flights per week in November 2...
Emirates is set to operate its newly refurbished 777 aircraft on services to Kuwait and Dammam.Emirates began refurbishing its 777 aircraft in early July with the first aircraft - featuring a full nos...
Emirates plans to expand its fleet of 777F freighter planes - in preparation for an expected jump in cargo traffic - Reuters reported on October 16, 2024.These additional aircraft add to Emirates’ fir...
Etihad carried a total of 1.6 million passengers during the month of September, an increase of 33.3% in comparison to the same period of 2023. In addition, the airline recorded an average passenger lo...
The Science Based Targets initiative (SBTi) has officially validated Ryanair’s short-term emission reduction target.The SBTi helps to develop standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets...
Data collected by Cirium shows that global flight cancellations were down by 11% during the month of September – with 47,324 cancellations – in comparison to 52,931 during August. Looking at airline performance during the month the data showed that A...
Emirates is set to operate its newly refurbished 777 aircraft on services to Kuwait and Dammam.Emirates began refurbishing its 777 aircraft in early July with the first aircraft - featuring a full nose to tail refit - entering service on August 7, 20...
British Airways has made alterations to its flight schedule due to continued delays to the deliveries from Rolls-Royce.“We’re disappointed that we’ve had to make further changes to our schedule as we continue to experience delays to the delivery of e...
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