Cash-strapped Go First has cancelled all its flights for May 3 and 4, 2023, filed an insolvency plea before the National Company Law Tribunal (NCLT) and blamed the situation on Pratt & Whitney not adh...
WestJet Group on May 1 announced the completion of its acquisition of Sunwing Vacations and Sunwing Airlines.The deal, first announced in March 2022, will "combine the two Canadian aviation and leisur...
A name almost synonymous with the Qantas brand, the airline CEO of 15 years, Alan Joyce is all set to retire in November 2023, with Vanessa Hudson, another Qantas stalwart taking up the role as the ne...
The Board of Directors and Shareholders of Dubai Aerospace Enterprise had authorised an additional $300 million for bond repurchases to be conducted through open market transactions. To date, DAE has ...
Ryanair has ordered 300 new Boeing 737-MAX-10 aircraft (150 firm and 150 options) for delivery between 2027 to 2033. When finalised, and subject to all options being exercised, this deal is valued at ...
Air France-KLM confirmed on May 5 that it had entered into “exclusive discussions” with Apollo Global Management regarding the potential financing of €500 million of a dedicated operating affiliate of...
ABL Aviation has delivered one new Airbus A321neo aircraft on long-term lease to Wizz Air, which was financed using a Japanese operating lease with call option (JOLCO) structure. This aircraft deliver...
Yancale Shahar has been promoted to vice president and chief financial officer of El Al Israel Airlines.Yancale served as director, company treasurer since 2006, where he managed a team of 10 treasury...
Lessor Avolon has announced "a commitment to order 40 Boeing 737 MAX aircraft", with delivery scheduled for between 2027 and 2030.The aircraft are valued at over $4bn based on current list price, with...
The Dutch government's attempt to restrict the numbers of flights taking off and landing at Schiphol Airport could leave a €13.6bn hole in the country's economy,The amount covers the value of trade an...
Confusion around pricing and the perceived lack of a policy framework could stall the roll-out of sustainable aviation fuel (SAF) in Europe, says International Airlines Group (IAG) chief executive Lui...
Aircraft lessor TrueNoord has closed a new five-year term loan of $275 million to expand its aircraft assets.The cash will also help "finance a well-diversified portfolio of 31 owned regional jet and ...
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