Griffin Global Asset Management (Griffin) has closed a purchase and leaseback of two new Boeing 787-10 aircraft and two new A350-1000 aircraft on long-term lease to British Airways. “Griffin is extrem...
Avolon has signed a binding agreement for its order of 20 new A330neo aircraft from Airbus. The order firms up a memorandum of understanding signed at the Paris Airshow in June. The new aircraft are s...
Air China has reported a loss for the first six months of 2023. The airline booked revenue of RMB 59.6bn (US$8.2 billion) – an increase of nearly 2.5x over the same period last year – and narrowed its...
Aviation Capital Group (ACG) has delivered one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (SAS). Featuring CFM International LEAP-1A engines, this is the fourth of ten air...
Engine Lease Finance Corporation (ELFC) chief executive and president, Tom Barrett, has announced his retirement. Barrett joined ELFC shortly after its inception in 1990 and since then has been centra...
Business class-only airline, Xejet Air Operations, is reported to have been grounded and its Air Operator’s Certificate, AOC, revoked, by the Nigeria Civil Aviation Authority, NCAA, following the alle...
With much fanfare in the UK media, the backers behind the rebooted Monarch Airlines announced its intention to relaunch in the UK market. However, those plans have been put on ice since a note on its ...
IndiGo continues its domestic and international expansion with the launch of new routes. On the domestic front, the airline will commence direct daily connectivity between Delhi and Belagavi starting ...
High Ridge Aviation is poised to deliver the first of three A320neo aircraft to LATAM Airlines Group. The aircraft is being delivered by High Ridge as part of a multiple aircraft purchase-leaseback (P...
Vertical Aerospace (Vertical) has concluded its remote thrustborne flight test campaign in July 2023, as the first full-scale VX4 prototype reached its target speed of 40kts (70 kmph), demonstrating “...
AerCap has disclosed that its claims under Aeroflot group’s insurance policies in respect of the 17 aircraft and five spare engines on lease to Russian flag carrier but trapped in the country in Febru...
EMP Aviation Trading (EMP) has closed the sale of two Airbus A350-941 aircraft from Hainan Airlines to EMP Aviation Trading. The aircraft, bearing MSN 251 and 260, were acquired by EMP Aviation Tradin...
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