Avmax has successfully delivered a PW150 engine to Kenyan airline Jambojet. The engine will be installed on Jambojet’s Bombardier DHC-8-400 aircraft. “Jambojet is grateful for their cooperation, and w...
Ethiopian Airlines has signed a $450 million EXIM-guranteed loan agreement with Citi for five new Boeing aircraft. The loan will finance three 737-8 and two 777F aircraft. The loan is Citi’s largest a...
Dubai Aerospace Enterprise (DAE) has received a cash insurance settlement with proceeds totalling approximately $118 million in respect of aircraft previously on lease to Aeroflot. This represents a s...
Jetcraft Commercial, the commercial aircraft division of global aviation trading firm Jetcraft, has closed the deal on a new credit facility to support what the company describes as a ‘strategic growt...
NG Eagle has operated its inaugural flight, marking the start of operations for the new Nigerian airline. A leased A320 made the journey from Murtala Muhammed International Airport in Lagos to Nnamdi ...
Madagascar Airlines will receive World Bank funding for its ‘Phénix 2030’ plan, aimed at improving its finances and revitalising the national carrier’s operations. Announced following a meeting betwee...
Regional aircraft asset manager and lessor Falko has delivered three Embraer E190s to South African carrier Airlink. The aircraft were delivered on behalf of Falko’s managed fund, Falko Regional Aircr...
Ahead of the publication of the completed Aviation Global Leaders Report 2024 in tandem with the Airline Economics Growth Frontiers conference in Dublin in January 2023, Airline Economics and KPMG are...
The Air Astana Group has announced its financial reports for the nine months ending 30 September 2023, indicating a strong performance with total revenue and other income growth of 20.5% to USD $900.6...
International law firm Watson Farley & Williams (WFW) has advised commercial leasing company Avation on the refinancing of five aircraft with Investec, an Anglo-South African international banking and...
Kenya Airways has issued a warning to customers noting that ‘in light of the increased demand for air travel during this festive season,’ the current flight schedule ‘may experience disruptions in the...
Aircraft leasing specialist ACC Aviation has released a new insight into the ACMI landscape in the African aviation sector, concluding the industry is witnessing ‘a remarkable recovery and growth afte...
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