EU airlines that cancel flights will have to book passengers on a rival carrier if they cannot offer an aircraft of their own within 12 hours. This rule is buried within EU261 a consumer charter going...
Boeing has received approval from the US Federal Aviation Administration (FAA) of the company's plan to test and certify improvements to the 787's battery system. Successful completion of each step wi...
An airline is reported to being under investigation for any involvement in the sale of one of its older aircraft that ended up in Iran. Financial services firms are only too aware of the importance of...
Firstly well done to Beverly Goulet of American Airlines (see Americas section below) who was on the Aviation 100 winners list for the American Airlines restructuring, she will be making an appearance...
China Eastern Airlines has made it clear that it will look to establish a low-cost carrier on the Chinese mainland if the JetStar Hong Kong joint venture with Qantas goes well. In effect JetStar Hong ...
For a bankrupt carrier, American Airlines has shown its worth with two tranches of enhanced equipment trust certificates (EETC) worth $663,378,000 pricing at a record low yesterday. The $506.7 million...
For a bankrupt carrier, American Airlines has shown its worth with two tranches of enhanced equipment trust certificates (EETC) worth $663,378,000 pricing at a record low yesterday. The $506.7 million...
As we mentioned here in December 2012 and January 2013, the problem with the 787 is that airlines marketed the aircraft directly to customers. Firms that had proudly advertised the 787 as being the mo...
David Andrews has resigned from investment firm Pimco to start his own venture. Timelines are yet to be agreed but industry friends have been quick to wish him well. Greg Lee of Goldman Sachs says: “...
South African airline Comair, which is a franchise partner for British Airways, plans to take the South African government to court over its continued funding of South African Airways following on fro...
Malindo Air has received an Air Operators Certificate (AOC) from the Malaysian Department of Civil Aviation (DCA) to operate commercial flights. This is the news that many have been waiting for since ...
FLY Leasing set off a number of worries in the market this week after it withdrew its proposed term loan re-pricing citing “market conditions” as the reason. The lead arranger on the deal was Citigrou...
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