Gunnar Már Sigurfinnsson has decided to resign as managing director (MD) of Icelandair Cargo and will leave Icelandair Group’s Executive Committee. The resignation will become effective immediately bu...
Global air cargo tonnages have held firm in the first full week of September, after dropping -3% at the end of August and in the first few days of September, while average rates continue to hover at a...
Macquarie AirFinance has priced $500 million senior notes due 2029 at 8.125% in a private offering. The notes are expected to be issued on 18 September, 2023. The notes will be jointly and severally g...
RIVE Private Investment has announced the interim closing of €200 million for its RTAIF (RIVE Transportation Assets Income Fund), which specialised in transportation asset leasing. The fund primarily ...
World Star Aviation has completed the successful structuring of five Airbus A319/320ceo aircraft and related engines from Croatia Airlines as part of a sale and leaseback transaction. "We are delighte...
For the first time since November 2022, oil price per barrel has risen above $90, leading to a swathe of airline restating investor guidance for the third quarter. As the largest cost, airlines profit...
American Airlines has lowered its profit guidance to adjust for new labour contract and higher fuel prices. American now expects to pay an average of between $2.90 and $3.00 per gallon of jet fuel in ...
Boeing projects that intra-African passenger traffic will more than quadruple in the next twenty years, placing the continent’s growth among the highest globally. To support this, 1,025 new airplanes ...
Falko Regional Aircraft (Falko) has completed the delivery of two Embraer E190 aircraft bearing MSNs 19000147 and 19000150 on lease to South African carrier Airlink. The aircraft were delivered to Air...
A team of two engineers and a developer is one of the three shortlisted teams to win the German Future Prize (Deutscher Zukunftspreis) 2023 with its entry of the development of Direct Air Capture tech...
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has opened its new engine shop at the Orly platform. The company states that the facility is the “centerpiece of the Single Roof proje...
Hybrid Air Vehicles, a UK firm creating the Airlander 10 hybrid airship, has announced a Memorandum of Understanding (MoU) to collaborate and explore the potential of Airlander in security and defence...
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