Boeing has set its sights high, stating it will nearly double its fleet in service within two decades. In a closed media event, the American OEM said its global passenger and freighter fleet will add ...
The A321XLR is now officially certified to fly on July 19, 2024. The aircraft was given its type certification from the European Union Aviation Safety Agency (EASA) as it prepares to enter service by ...
Airports and airline across the globe are reporting disruptions as a third party software outage is impacting computer systems worldwide on July 19, 2024. The software issue is linked to CrowdStrik...
Emirates SkyCargo has placed an order for five additional 777 freighters. The new purchase takes Emirates' order book to 245 Boeing widebody airplanes, including 10 777 Freighters. Emirates' freigh...
Aviation Capital Group (ACG) has finalised an order for 35 737 MAX aircraft; the order consists of 16 -8s, and 19 -10s variants of the MAX aircraft. ""This firm order for additional 737 MAX aircraf...
Delta Air Line’s shares tumbled over 8% in pre-market trading on July 11, 2024, after its disappointing second quarter results. The US carrier reported a GAAP net profit of $1.3bn, or $2.01 per sh...
BOC Aviation has closed a self-arranged club loan transaction with 25 global banks. The loan totals $2.3bn. The five-year transaction is the largest the company has signed to date. It exceeds its p...
Boeing has agreed to a plea deal to avoid a trial over a criminal fraud trial the company was facing. The trial would have levied allegations of criminal fraud against the company – but by pleading...
Norwegian has lowered its operating profit outlook for 2024 in its revision on July 4, 2024. The group is now forecasting an operating profit of NOK 2.1bn-2.6bn Norwegian krone ($198.5 million-245....
Philippine airline Cebu Pacific (CEB) has signed a Memorandum of Understanding (MOU) with Airbus for the purchase of up to 152 A321neo aircraft for $24bn at list prices. Cebu described the deal, on...
Carlyle Aviation has added another tranche to its asset backed securitisation (ABS) transaction AASET 2024-1. The Class A-2 notes are the second issuance from this transaction. The AASET 2024-1 rep...
The European Commission has approved Scandinavian Airlines' (SAS) €1.3bn ($1.4bn) restructuring aid plan, the Swedish airline said on June 28, 2024. ""The European Commission has today declared th...
We're Social