Air Lease Corporation (ALC) said on March 24, 2025, that it has received $328.5 million in insurance payouts, as part of insurance settlements related to its aircraft which were blocked from leaving R...
Korean Air has finalised its widebody order made at the Farnborough International Airshow last year. The agreement finalises the memorandum of understanding, with firm orders for 20 777-9 and 20 787-1...
Malaysia Aviation Group unveiled an order for up to 60 737 MAX aircraft on March 21, 2025. The group made a firm order for 18 737-8 and 12 737-10 jets — totalling 30 737 MAX aircraft — powered by CFM ...
It has been a turbulent day for UK aviation after London Heathrow Airport was forced to halt all operations, following a fire at an electrical substation supplying to the airport. This caused a signif...
Castlelake closed its fifth aviation fund on March 20, 2025. The Castlelake Aviation V Stable Yield V fund, along with related aviation strategy investment vehicles, accounts, and co-investments, rais...
Boeing shares climbed after the company’s chief financial officer Brian West said the company was approved for the second flight testing phase of the 777X on March 19, 2025.“We feel pretty good about ...
Japan Airlines (JAL) will purchase an additional 17 737 MAX 8 aircraft from Boeing, building on an original order of 21 MAX 8 jets that was placed with the manufacturer in March 2023. This latest acqu...
Frontier Airlines is offering free bags for customers over the summer, it said on March 18, 2025. The promotion — running from May 28 through August 18 — follows Southwest announcing earlier this mont...
Air Lease Corporation (ALC) executive chairman Steven Udvar-Hazy will retire on May 2, 2025, leaving behind a lasting legacy as the pioneer of the aviation leasing industry. Udvar-Hazy — who founded A...
Spirit Airlines has emerged from its financial restructuring on March 12, 2025, reducing its debt by around $795 million. Spirit confirmed it will be moving ahead with its premium offerings, supported...
Cyprus Airways may take legal action against engine manufacturer Pratt & Whitney if an agreement is not reached soon regarding the prolonged grounding of its A220 fleet due to the geared turbofan (GTF...
Delta Air Lines cut its first quarter revenue guidance on March 10, 2025, driven by a softness in domestic demand. Revenues for the March-ending quarter are expected to be up 3-4% compared to first qu...
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