Air Canada has reported an increase in its first quarter 2019 operating income despite facing pressures surrounding Transport Canada's decision to ground Boeing’s 737 Max jets. The grounding hit 20% o...
Macquarie Group has announced that Dutch pension investor PGGM Infrastructure Fund (PGGM) will take a 25% interest in its subsidary Macquarie AirFinance. The investment is PGGM’s first in the aircraft...
WestJet net earnings income increased by 33.4% in its first quarter results for 2019. The airline has said that its net earnings came in at CD$45.6 million for the first three months of 2019, compared...
Polish airline Enter Air has purchased 49.9% of shares in Germania Flug, the former subsidiary of the defunct German airline Germania, from Abex Aviation. The deal is said to be worth approximately €1...
KfW IPEX-Bank is supporting the expansion of Tamale Airport in northern Ghana with a loan of $80 million. The loan is guaranteed by the UK Export Finance (UKEF) agency. The contractor is the British s...
Shannon Group has recorded operating profits of €12.7 million in the financial year of 2018, with a turnover of €77.8 million last year, an 8% increase. However, the company booked a €5.8 million ex...
Norwegian Air Shuttle (NAS) and Norwegian Finans Holding (NOFI) have entered into an intellectual property rights (IPR) license agreement following NOFI's purchase of all of the shares of Lilienthal F...
Air France-KLM's operating loss widened to €303 million in the first quarter of 2019, from €118 million experienced in the first three months last year. The group also posted a 1.9% drop in unit reven...
Stobart Group has launched an offering through its wholly owned subsidiary Stobart Finance of up to £57.3 million of secured guaranteed exchangeable bonds, which the company says is intended to suppor...
Spirit Aerosystems has announced that it will maintain its current delivery rate on the Boeing 737 program of 52 shipsets per month. This follows Boeing’s announcement that it will reduce its own prod...
AerCap's net income was down to $234.2 million in the first quarter of 2019, compared with $265.4 million experienced last year. Net income was primarily affected by lower net gain on sale of assets,...
Austrian Airlines' earnings continues to slide, after it posted a loss of €99 million in the first quarter of 2019, a 36% decline, when compared to the €73 million loss suffered in Q1 2018. The airlin...
We're Social