IAG has signed an agreement to purchase Spanish carrier Air Europa for €1 billion. The airline, which IAG said has plans to turn its Madrid base into a "true rival to Amsterdam, Frankfurt, London H...
Qantas Airlines has grounded one of its Boeing 737 NG planes after a structural crack was found. The Australian carrier is now urgently inspecting 32 others to see if flaws exist elsewhere. In a...
After selling its Irish subsidiary, Sky Aviation Leasing International (SALI) – which comprised a portfolio of 51 aircraft – to Goshawk Aviation in 2018, Sky Leasing (SKY) remained a full-service air...
Norwegian has said that its joint venture with China Leasing International Corporation DAC (CCBLI) will aim to strengthen its financials considerably. Initially, the joint venture will comprise of ...
Boeing will cut production of its flagship Dreamliner, and delay the arrival of a successor to its 777 mini-jumbo, as it struggles to deal with the grounding of the 737 MAX which continues to dent its...
Kevin McAllister, CEO of Boeing Commercial Airplanes, has resigned amid the growing crisis surrounding the 737 MAX which for the past eight months has been grounded after two accidents killed 346 peo...
There has been a wave of aviation asset-backed securitisations these past few weeks. Air Lease Corp. (ALC) has launched its third ABS under the Thunderbolt designation. Mizuho is left lead on the ...
GECAS and Israel Aerospace Industries (IAI) have announced the launch of the Boeing 777-300ERSF, and the establishment of a passenger to freighter conversion program. This new initiative, dubbed “The...
All eyes are on Capitol Hill this week. If the US Vice President Mike Pence and Secretary of State Mike Pompeo delegation gets short shrift in Ankara tomorrow then we can expect a full spread of US s...
The European Commission has approved a six-month €380 million bridging loan to German carrier Condor - as it emerges from the collapse of the Thomas Cook Group. The disbursement of funds will be pa...
Boeing has said that airlines had inspected 810 of the company's 737 NG jets around the world and found 38 structural cracks requiring repair and replacement of the affected parts. Officials have ...
The European Commission (EC) has opened an in-depth investigation to assess the proposed joint venture by Boeing and Embraer. Under the EU merger regulation, the commission is concerned that the tr...
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