Air Canada is set to resume daily operations from Canada to Beijing, while increasing its Shanghai flights to daily, with both routes departing from Vancouver.This announcement comes after a number of...
Emirates is set to increase its capacity across Africa, introducing additional flights to a number of destinations on the continent. Destinations that are set to receive additional flights include Ent...
Stratos has executed three separate transactions involving the sale of four aircraft. These include two A320 aircraft to Avion Express, one 737 freighter to a Middle Eastern buyer and one leased 777-3...
Vietjet has reported an air transport revenue VND51.7 trillion ($2.03 billion) and a consolidated revenue of VND52.2 trillion ($2.05 billion) for the first nine months of the year. This shows revenue ...
IAT Leasing (IAT) has acquired one 2006 vintage A330-300 aircraft. The aircraft is currently leased to the Irish flag carrier Aer Lingus, from Castlelake "We are excited to further grow our portfolio...
Allegiant’s consolidated operating revenue for the third quarter of 2024 dropped by 0.6% to $562.2 million, compared to the same period of the previous year. The company’s consolidated operating loss ...
CDB Aviation has completed a mandate to sell eight A330-200 aircraft.“We are pleased to complete this mandate for our shareholder. This one-of-a-kind transaction demonstrates CDB Aviation’s customer-o...
Riyadh Air has closed its inaugural self-arranged Islamic revolving credit facility amounting to SAR 3.0 billion ($798.6 million). The facility also includes a committed accordion option for an additi...
Airbus has reported a 5% increase in consolidated revenues to €44.5bn for the nine months to end September 2024. Consolidated net income was €1.808bn, compared to €2.29bn in the prior-year period. Con...
AerCap has reported strong financial results for the third quarter of 2024, buoyed by demand for aircraft and gains on aircraft sales. The world largest aircraft lessor has reported adjusted net incom...
MTU Aero Engines has announced today that chief executive Lars Wagner has decided not to extend his contract, which is set to conclude on December 31, 2025. MTU said that Wagner is set to take on a ne...
The UK Government has committed nearly £1 billion ($1.29 billion) in funding for the aerospace sector in its autumn budget on October 30, 2024. On one hand, the new Labour government has pledged to dr...
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