Embraer and Boeing have approved to the terms of a strategic partnership that defines the joint venture comprising the commercial aircraft and services operations of Embraer. Under the terms of the pr...
The Virgin Galactic spacecraft has succeeded in reaching the edge of space yesterday with a test flight its SpaceShipTwo, VSS Unity, reaching an apogee of 51.4 miles following a 60 second planned rock...
On January1, 2019, Martin Friis-Petersen (45) will take on the role of Senior Vice President MRO Programs at MTU Aero Engines, heading up the sales and marketing organization for MTU Maintenance. He t...
Waypoint Leasing has entered into an agreement to be purchased by Macquarie Group (Macquarie) for approximately $650 million. Macquarie Rotorcraft Leasing will combine the Waypoint helicopter assets a...
The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3 billion expected net profit in 2018 (revise...
Brazil’s fourth-largest airline, Avianca Brasil, has filed for bankruptcy protection – similar to Chapter 11 in the United States – in the face of lawsuits from leasing companies seeking the return of...
The Growth Frontiers London event sparked debate and discussion around the regional aircraft market, bringing together investors, arrangers, brokers, lessors and airlines to discuss current challenges...
ABSDubai Aerospace Enterprise (DAE) has launched its third asset backed securitisation (ABS), which is secured on a portfolio of 18 aircraft - seven A320-200s, four 737-800s two A319-100s, two ATR 72-...
Scope has an interesting report out today that states, ahead of a crisis situation, aircraft valuations begin to narrow as market players become less discriminating in valuing different versions of ai...
WOW air has confirmed that it is downsizing its fleet by two Airbus A320 aircraft and two Airbus A330 aircraft in cooperation with its lessors. Wow says that this is “a part of necessary restructuring...
Vx Capital Partners launched the first all-cargo aircraft asset backed securitisation (ABS) last week. Offering $189 million of loans in three tranches: $138.5 million of class A loans, with a 55.4% l...
ORIX Aviation has officially announced that James Meyler will succeed David Power as the CEO of the ORIX Aviation Group. ORIX Aviation last week successfully concluded its acquisition of a 30% stake i...
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