NAS seeks lifeline
In a bid to generate cash, Norwegian Air Shuttle (NAS) requested extend the maturity dates of its two unsecured bonds in exchange of a security package backed by the take-off and landing slots at Lon...
In a bid to generate cash, Norwegian Air Shuttle (NAS) requested extend the maturity dates of its two unsecured bonds in exchange of a security package backed by the take-off and landing slots at Lon...
French carrier Aigle Azur has received 14 takeover bids which were submitted before the deadline of 9 September. Martin Surzur, president of Aigle Azur SNPL union, said that among the 14 offers th...
Air Canada has sent a letter to the Canadian Transportation Agency (CTA) challenging the proposed takeover of rival WestJet by Onex Corp. The challenge has come on the grounds of foreign ownership ...
British Airways (BA) has cancelled nearly 1,600 flights on 9 and 10 September after it was left with "no option" as a result of the industrial action called by cockpit union BALPA. Thousands of pas...
Emirates president Tom Clark has slammed engine makers Rolls-Royce and GE Aviation saying that they must improve their reliability and that the airline will not take new Airbus and Boeing planes unle...
Paris Orly-based airline Aigle Azur has filed for bankruptcy after it was placed in receivership. The French carrier will still continue to operate flights during a "period of observation", it has...
Apollo Global Management (Apollo) alongside Athene Holdings (Athene) have entered into an agreement to purchase aviation lending business PK AirFinance, from GE Capital’s Aviation Services (GECAS) u...
China Aircraft Leasing Group Holdings Limited together with its subsidiaries is pleased to announce that China Asset Leasing Company Limited, a wholly-owned subsidiary of the group, completed the iss...
Virgin Australia has announced it is cutting 750 jobs as part of a major restructure which includes shuffling its leadership team as well as reviewing routes. The news comes as the carrier posted i...
BBAM Limited Partnership (BBAM) alongside its long-term partner Nomura Babcock & Brown Co (NBB) has announced the closing of a Japanese operating lease with call option (JOLCO) transaction with Briti...
Ryanair has been successful in its bid to prevent a 48-hour strike by pilots after the Irish High Court ruled in its favour. The airline says it expects flights from Ireland to operate as normal o...
Boeing is hiring hundreds of temporary workers to assist with aircraft maintenance and customer delivery preparations of grounded 737 Max jets at Grant County International Airport in Washington Stat...
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