Global law firm Reed Smith has advised IAT Leasing on its first transaction on behalf of funds managed by Taconic Capital Advisors. IAT is a Dublin-based independently owned operating leasing platfor...
The Majority-in-Interest owners of Aeroplex/Aerolease Group have announced that they have voted to remove Curt Castagna as CEO/Managing Member and have begun a search for a new executive to lead the A...
The US Department of Transportation (DOT) fined Volaris Airlines $300,000 for violating federal statutes and the DOT's rule prohibiting tarmac delays of four hours or more on international flights wit...
The Attorney General office of Libya has issued an order to imprison the former chairman of the board of Ariqiyah Airways. According to Libya Observer, the former chairman has been charged with ""s...
Two men have been sentenced in federal court in Brooklyn for defrauding JetBlue Airways of approximately $10 million. Julien Levy and Keily Nunez were sentenced by United States District Judge Pame...
The Delhi High Court has found in favour of 14 leasing companies seeking to repossess 54 aircraft leased to Go First, enabling the lessors to continue with the process to deregister the aircraft with ...
Virgin Galactic has countersued Boeing over its ""failures"" with Virgin's new space tourism aircraft, the ""mothership"" carrier/launch aircraft, VMS Eve. The company, founded by Richard Branson, sai...
The European Union Aviation Safety Agency (EASA) is to issue an Airworthiness Directive (AD), mandating the inspections of A380s that have been stored for more than a year. The AD comes following i...
The US Department of Justice (DOJ) has launched a criminal investigation into the Alaska Airlines Boeing 737-9 MAX incident, the Wall Street Journal reported, citing documents and people familiar with...
The Federal Aviation Administration (FAA) has ""found multiple instances"" where both Boeing and Spirit Aerosystems have allegedly failed to comply with quality control requirements for its manufactur...
Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has approved a ban on short-haul flights where alternative rail routes of less than 2.5 hours are available. The p...
Air Lease Corporation (ALC) has placed three new 787-9 aircraft with Thai Airways international on long-term lease. These will BE delivered to the Thai airline in 2025 from ALC’s order book with Boein...
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