Willis Lease reports record results
Willis Lease Finance Corporation (WLFC) reported record annual results for 2024 on March 10, 2025. The company’s net income totalled $108.6 million, more than doubling from 2023’s $40.4 million in 202...
The Aviation Working Group (AWG) has released the First Edition of the Manual on Best Practice under and Interpretation of the EU Taxonomy for Sustain...
With its new fleet of A220s, Animawings is poised for growth. CFO Alin Ratoi discusses the airline’s growth strategy with Jonathan Kenwright.It is an ...
Setting the stage for its initial public offering (IPO), Latvian flag carrier airBaltic is gaining momentum, having secured pre-IPO investment to stre...
Airline Economics Growth Frontiers Dublin 2025 once again kicked off the start of another new year, setting the tone for what lies ahead for the aviat...
Willis Lease Finance Corporation (WLFC) reported record annual results for 2024 on March 10, 2025. The company’s net income totalled $108.6 million, more than doubling from 2023’s $40.4 million in 202...
Norse Atlantic Airways expects a significant accounting gain from the redelivery of three 787-8 aircraft, that the airline said will be recognised in results for the first quarter of year.The aircraft...
AerSale closed 2024 swinging to a net profit of $2.7 million in the fourth quarter, compared to a net loss of $2.7 million a year prior. For the full year, net profit totalled $5.9 million, swinging f...
Japan Credit Rating Agency (JCR) has rated Total Engine Asset Management (TEAM) A+ on March 7, 2025. “This prestigious A+ rating is a testament to TEAM's robust financial health and commitment to tran...
Phoenix Aviation Capital, AIP Capital, and LuminArx Capital Management have acquired a portfolio of three A330-300 aircraft.The portfolio includes two 2012 vintage A330-300s on lease to China Airlines...
BOC Aviation delivered one A320neo aircraft on long-term lease to new customer Centrum Air. The delivery is the first of two scheduled to the Uzbekistan airline. Both aircraft are powered by CFM LEAP-...
Phoenix Aviation Capital and alternative investment manager AIP Capital have acquired one A321neo aircraft on long-term lease with IndiGo from ORIX Aviation.Gibson Dunn acted as transaction counsel to...
Aircraft Engine Lease Finance (AELF) has acquired one A330-300 on lease to South African Airways.AELF has recently acquired, leased and financed several 737-800s in South Africa and owns a leased flee...
Willis Lease Finance Corporation (WLFC) reported record annual results for 2024 on March 10, 2025. The company’s net income totalled $108.6 million, more than doubling from 2023’s $40.4 million in 202...
Helicopter leasing firm Milestone Aviation Group has signed multiple lease agreements for a total of 17 helicopters.The deals include an agreement with Offshore Helicopter Services UK for four aircraf...
Embraer’s Commercial Aviation division has formed a new global leasing and freighter team, as the manufacturer continues to expand in the cargo and leasing markets.The new team will be based in Amster...
JetBlue has appointed Josh Weiss as vice president, technology products on March 10, 2025.Weiss will oversee the airline’s digital product portfolio while aiming to leverage technology to “elevate exp...
IndiGo will launch its first long-haul routes during the summer period of 2025, introducing non-stop flights to both Amsterdam and Manchester.Services to Amsterdam and Manchester will operate three ti...
Thai Airways is the latest airline to introduce tighter regulation in regard to power bank usage on its flights.Effective from March 15, 2025, the use of power banks will be prohibited while onboard t...
IndiGo has reached an agreement with travel technology firm Amadeus to implement advanced revenue management technology, Amadeus Segment Revenue Management Flex (Amadeus SRM Flex).With the adoption of...
Japan Credit Rating Agency (JCR) has rated Total Engine Asset Management (TEAM) A+ on March 7, 2025. “This prestigious A+ rating is a testament to TEAM's robust financial health and commitment to tran...
SMFL LCI Helicopters, a helicopter leasing joint venture between LCI and Sumitomo Mitsui Finance & Leasing (SMFL), has entered into an agreement to purchase Macquarie Asset Management's helicopter lea...
Turkish Airlines passenger numbers dropped by 1.9% during February 2025, compared to a year prior, though still carrying 6 million passengers during the period.Capacity increased marginally by 0.5%, w...
airBaltic said on March 10, 2025, that it plans to hire 150 new staff members, including pilots and senior first officers, to support its growing operations. The Latvian carrier, which recently expand...
Norse Atlantic Airways expects a significant accounting gain from the redelivery of three 787-8 aircraft, that the airline said will be recognised in results for the first quarter of year.The aircraft...
Qatar Airways is increasing frequencies on routes across its network, citing a commitment to increasing connectivity.The airline will increase frequencies on 11 routes, notably expanding its London se...
Emirates is to introduce its retrofitted 777 aircraft on services to Seoul and London’s Stansted airport.The airline will deploy the aircraft on its Seoul route from April 14, 2025, and on its London ...
GE Aerospace has certified ExecuJet MRO Services Middle East as an authorised service centre (ASC) for line maintenance on GE Passport engines, which power the Global 7500 aircraft.The company operate...
Ethiopian Airlines is increasing capacity between Manchester and Addis-Ababa, increasing frequencies from five flights per week between the two cities but will increase this service to a daily frequen...
IndiGo will launch its first long-haul routes during the summer period of 2025, introducing non-stop flights to both Amsterdam and Manchester.Services to Amsterdam and Manchester will operate three times-weekly and are expected to commence in July, s...
Aeromexico carried 1.76 million passengers in February 2025, a decrease of 6.7% in comparison to the same month last year. Domestic passengers dropped 8.5%, while international passenger numbers were down 2.6%.Capacity was mostly flat, declining only...
Turkish Airlines passenger numbers dropped by 1.9% during February 2025, compared to a year prior, though still carrying 6 million passengers during the period.Capacity increased marginally by 0.5%, while passenger load factor was up slightly by 0.6 ...
airBaltic said on March 10, 2025, that it plans to hire 150 new staff members, including pilots and senior first officers, to support its growing operations. The Latvian carrier, which recently expanded its fleet with the addition of its 50th A220 ai...
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