The Court of Justice for the European Union has confirmed the lawfulness of a subordinated loan of €150 million granted by Austria to Austrian Airlines in the summer of 2020. The court has dismisse...
Regional aircraft lessor TrueNoord has secured a new five-year term loan with BavernLB. The financing, which includes an accordion feature, will support TrueNoord’s ongoing business growth funding ...
Aviation finance company Avolon has partnered with Airbus to support the development of hydrogen powered aircraft through the Airbus’ ZEROe project. “Joining the ZEROe Project is another step in Av...
Aviation asset management and trading company EirTrade Aviation has commenced the disassembly of its first 777-300ER at Knock Airport. ""There is a shortage of 777-300ER material in the market, we ...
RTX has reserved a total of $1.24bn to resolve legal disputes with the US Department of Justice (DOJ), Securities and Exchange Commission (SEC), and Department of State (DOS), the company said in its ...
As Boeing's current CEO Dave Calhoun is set to leave by the end of the year, the aviation industry has been left pondering who will take the helm of the American OEM. As the board hunts for its newest...
Aeolus Engine Services has completed the sale of one CFM56-3C1. The engine is fresh overhaul to Serve Air, based in the Democratic Republic of Congo. The company said the sale is part of its engine...
Saudi Arabia's national flag carrier Saudia topped the list of global airlines for on-time performance in June 2024, according to aviation analytics site Cirium. The report from Cirium showed that ...
Air Lease Corporation (ALC) has delivered the first new A220-300 aircraft to Croatia Airlines. It is the first A220 to join the airline's fleet and the first of six confirmed to be delivered to the ai...
Rolls-Royce has signed a $300 million services agreement with JSX for its 162 fleet of Rolls-Royce AE 3007A engines powering its fleet of 77 ERJ145 and ERJ135 aircraft. The agreement covers over 10...
American Airlines has finalised an order for 180 CF34-8E engines plus spares with GE Aerospace to power its fleet of 90 new E175 regional jets. ""The reliability and performance of the CF34 engine ...
De Havilland Canada has signed a definitive purchase agreement with an undisclosed airline that will acquire its Twin Otter Series 400 aircraft. ""De Havilland Canada’s Twin Otter-400 is an iconic ...
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