Spirit Airlines reported a third quarter net loss of $308.2 million, or a basic loss per share of $2.81, in the third quarter of the year. The result nearly doubles its loss from the same period a yea...
Dublin-based Airborne Capital has entered into a capital and business joint venture (JV) in the aircraft leasing sector with Daiwa Securities Group subsidiary Daiwa Securities on November 22, 2024. Ai...
volofin Capital Management (volofin) a London based aircraft and engine alternative lender, backed by Delaware Life Insurance Company, has structured and closed a spares inventory financing facility f...
Volofin, the aviation specialty finance and alternative asset manager, has made its debut in the aviation asset backed securitisation (ABS) market with a inaugural loan securitisation. volofin Finance...
Spirit Airlines has disclosed that it has entered into a restructuring support agreement (RSA) that will be implemented while the airline company is in a pre-arranged Chapter 11 bankruptcy protection...
Dublin-based ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, Avia Solutions Group (ASG), has ordered 80 737 MAX aircraft. The transaction, split between 40 firm orders and 40 purchase righ...
Boeing is considering the sale of its aviation navigation unit Jeppesen to boost its balance sheet, according to a Bloomberg report. The American OEM is said to be working with an advisor on the poten...
Air Lease Corporation’s (ALC) net income slipped 25% in this year’s third quarter down to $91.6 million, when compared to the third quarter last year. Diluted earnings per share were down 25.5% to 82 ...
Boeing machinists have accepted the US manufacturer's 38% wage increase offer after voting on November 4, 2024; finally ending the strike saga that began on September 13, 2024. The striking workers we...
Ryanair's profit dropped 18% to €1.79bn in the first half of the fiscal year, as well as dropping 6% to €1.4bn for the quarter ending September 30, 2024. This comes despite traffic in the first half a...
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...
Spanish flag carrier Iberia has taken delivery of its first A321XLR, becoming the launch operator of the world’s newest single-aisle aircraft.The aircraft, powered by CFM LEAP-1A engines, will be oper...
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