The US Justice Department has moved to block the attempted $3.8bn merger of JetBlue and Spirit Airlines. The merger, if completed, "would eliminate the unique competition that Spirit provides—and abou...
United Aircraft Corporation has sold its 49% share of the Sukhoi Superjet 100 program to Markab Capital. As a result, UAC has effectively quit the Superjet program, ending its participation in the pro...
JetBlue said its proposed merger with Spirit Airlines (SAVE) will have a "pro-competitive impact" on the airline industry as it awaits a US Department of Justice (DOJ) decision on whether it will chal...
Stratos, the independent aircraft investment specialist, has reached an agreement to acquire Magi Aviation Capital (Magi), a fellow independent aircraft finance specialist and aircraft asset manager, ...
Direct lending has become a popular avenue for lessors and other major aviation companies looking to assist their clients and customers with financing. GA Telesis (GAT) and Tokyo Century (TC) have joi...
Greater Bay Airlines (GBA) placed a firm order of 15 737-9 aircraft along with a commitment for five 787 Dreamliners. The new order is a part of GBA’s long-term plan to launch international long-haul ...
Viva Air has suspended operations and blamed the Colombian transport ministry over delays to a proposed merger with Avianca which Viva said would help it stay in business. "Viva regretfully announces ...
SpiceJet is about to sell 5% stake to its largest lessor Carlyle Aviation Partners, with the lessor agreeing to convert its outstanding lease rental into equity. The airline had been in discussions wi...
Air India has sealed the historic deal of 500 aircraft dividing the order between Airbus and Boeing. The airline has agreed to purchase 250 Airbus jets with 210 single-aisle A320neos, 40 widebody A350...
Impact, the group of aviation financiers working to decarbonise aviation and act as a facilitator between aviation and the finance sector, has released a second whitepaper that introduces a new metric...
Icelandair reported the final three months of 2022 as its best quarter since 2015, with passenger traffic up 50% year-on-year and income topping $290 million, up almost $100 million on the fourth quar...
Norway's Flyr has filed for bankruptcy after failing in late 2022 and early 2023 to raise the cash needed to keep operating. "Flyr was unsuccessful with the new financial plan and the board concluded ...
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