GOL, Brazil’s largest domestic airline, has closed a financing of up to US$600 million with Castlelake to finance the acquisition of new 737 MAX 8 aircraft. “The financing for these 737 MAX aircraft i...
Azorra has signed an agreement with Embraer to acquire 20 new E2 family aircraft, plus a further 30 purchase rights. This flexible deal enables Azorra to acquire E190-E2 or E195-E2 aircraft. At list p...
The US dollar is up; oil prices are buoyant and likely to go up as demand outstrips output, which will be the case in 2022 unless OPEC moves to increase output from current levels. Airline debt is at ...
Azorra has placed an order for 22 A220-family aircraft including 20 A220-300s and two ACJ TwoTwenty aircraft. Azorra, based in Fort Lauderdale, Florida, USA, is an aircraft lessor focused on executive...
Allegiant Air yesterday announced an order for 50 737 MAX jets, with options for 50 additional airplanes. In Boeing's first US ultra-low cost carrier (ULCC) deal, Allegiant selected two models – the 7...
Two special purpose entities, controlled by JP Lease Products & Services (JPLS), in response to what it describes in court papers as “aggressive and improper tactics of their senior lender and securit...
Air France-KLM has ordered 100 Airbus A320neo family aircraft – with purchase rights for an additional 60 aircraft – for KLM and Transavia, and has signed a Letter of Intent (LOI) for the purchase of ...
International Airlines Group (IAG) and Globalia have confirmed today that discussions are at an “advanced stage to terminate the agreement” for Iberia to acquire the entire issued share capital of Air...
British Airways (BA) has revealed the initial destinations for its new Gatwick subsidiary, which will start flying from March 2022. The airline announced its intention to create a short-haul standalon...
Global aviation analytics firm Cirium, has released its second annual Airline Insights Review, which reveals an industry in recovery and poised for a projected 47% growth in capacity in 2022. This ste...
American Airlines Group has announced the retirement of chief executive Doug Parker on March 31, 2022 after 20 years with the company. He will be succeeded by Robert Isom, the current president of Ame...
Hydrogen is the great hope for the future of air travel in a net zero world. Today, the Aerospace Technology Institute (ATI), which is a joint government and industry effort to develop a range of adva...
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