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 ...
Aircraft Leasing & Management (ALM), a wholly owned subsidiary of Fuyo General Lease (Fuyo), has managed the delivery an Airbus A320-200neo aircraft to Peach Aviation (Peach). The aircraft bearing reg...
According to Icelandair’s updated guidance for 2023, the airline’s total revenue is expected to be around US$1.5 billion and EBIT in the range of US$50-65 million, which is around 3.3-4.3% of revenue....
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...
Airport management company Air Marakanda, which manages the Samarkand International Airport, has announced the opening of a new flight operated by China Southern Airlines between Urumqi and Samarkand....
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 ...
Spirit Airlines issued a warning that higher fuel prices and discounted travel for the second half of the third quarter would impact Q3 revenue. Spirit now expects Q3 revenue of $1.245bn to $1.255bn c...
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...
Business law firm Mason Hayes & Curran has expanded its Aviation and International Asset Finance team with the appointment of Julie-Ann Sherry as partner. She brings a wealth of experience in both pri...
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...
ACC Aviation's ACMI team has reported that it is receiving a peak of requests from airlines for long and short-term ACMI solutions. "On the 31st of August, we had 24 aircraft in the air, ranging from ...
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