Vietjet revenue tops RM5.38 Billion in 2016
Vietjet continued to post positive growth throughout 2016 with a revenue of RM5.38 billion (USD1.21 billion) and a profit of RM467 million (USD105 million). With its commitment to addressing the incre...
Vietjet continued to post positive growth throughout 2016 with a revenue of RM5.38 billion (USD1.21 billion) and a profit of RM467 million (USD105 million). With its commitment to addressing the incre...
Juneyao Airlines has finalized an order for five 787-9 Dreamliners, valued at about $1.32 billion at current list prices. This new order, which also includes options for five more 787-9s, represents t...
Deepak Reddy has joined Winston & Strawn LLP as a partner in the firm’s Transportation Finance Practice of the New York office. Reddy’s practice is concentrated in the aircraft finance arena, represen...
On a consolidated basis, Bombardier exceeded its 2016 guidance range for EBIT before special items; improved its year-over-year cash performance by $778 million; and delivered approximately 200 basis ...
Boeing’s 787-10 Dreamliner, the third member of the 787 Dreamliner family, made its debut on February 17, 2017 at Boeing South Carolina. Thousands of employees at the North Charleston, S.C. site celeb...
Aeronautical Engineers, Inc. (AEI) has signed a Letter of Intent to provide a minimum of eight CRJ200 freighter conversions to Avmax, which currently owns 65 CRJ200 aircraft. The LOI calls for the fre...
STS Aviation Group has formed a new corporate division focused on delivering aircraft repair and modification services. The new division is aptly named STS Repair and Modification, and it is built aro...
Boeing has issued $900 million of senior unsecured notes in three tranches, with maturities of 2022, 2027, and 2047. Proceeds will be used for general corporate purposes, but proceeds may be considere...
Last week the Allied Pilots Association passed a no-confidence vote in American Airlines Chairman and CEO Doug Parker, stating that the airline’s management had failed to implement the pilots’ contrac...
Delta Air Lines announced last week plans to buy 32% of Aeromexico, bringing its total stake in the Mexican airline to 49%. "This new investment demonstrates Delta's confidence in Mexico's future and ...
The Asset Management Corporation of Nigeria (AMCON) has taken over Odengene Air-Shuttle Services (OAS) Helicopters in Lagos following a court order. It has not been made public is this action was due ...
Cabot Aviation, a division of Air Partner plc and a leading aircraft remarketing agent, will be renamed Air Partner with immediate effect. Air Partner acquired Cabot Aviation in May 2015 and the re-br...
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