Global aviation solutions provider and asset manager Chorus Aviation's net income was down 20.1% to C$36.6 million (US$27 million) in the fourth quarter of 2023. Operating revenue was down 4.2% to C$4...
AerCap has reported net income for the fourth quarter of 2023 of $1.1bn, up from $495 million year-on-year (YoY). Net income for the full year 2023 was $3.1bn. Adjusted net income for the fourth quart...
THAI airways has reported a total yearly operating revenue (for THAI and its subsidiaries) for the full year 2023 of THB 161,067 million ($4,472 million), a 53.3% increase from the previous year, as t...
United Airlines has extended the borrowing capacity of its revolving credit facility (of up to $2.865bn) by $1.115bn. This may be drawn upon by United until February 15 2029 (in the case of revolving ...
Rolls-Royce’s underlying operating profits surged to £1.59bn (circa $2bn) in the full year 2023, more than doubling its 2022 full year result of £652 million ($823.39 million). Following the result, t...
MTU Aero Engines' executive board has proposed a dividend of two euros per share for the 2023 financial year. The company noted it will face high financial burdens from 2024 to 2026, relating to th...
Air Lease has priced its offering of C$400 million (approximately US$295.66 million) aggregate principal amount of additional 5.4% senior unsecured medium-term notes due June 1, 2028. The sale is expe...
Tata Advanced Systems (TASL) and the Government of Karnataka have signed an agreement for investment in the aerospace and defence sectors in the Indian state. “This milestone marks a significant st...
Falko Regional Aircraft (has announced the sale of two A220-300 aircraft, on lease to airBaltic, to Macquarie AirFinance. “The addition of these innovative, advanced technology aircraft to our port...
Finnair's board of directors has approved a new individual performance-based share plan as part of its existing long-term incentive scheme structure. The plan, spanning between 2024 and 2026, allows p...
Cathay United Bank (CUB) Singapore Branch has signed a green trade loan deal with Apeiron Bioenergy to support the procurement of used cooking oil for the production of sustainable aviation fuel (SAF)...
UK aircraft manufacturer Britten-Norman is seeking to appoint an administrator, a spokesperson from the company confirmed to Airline Economics. “In support of the company’s future plans, especially...
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