Lufthansa reports decline in Q2 profits
Lufthansa has reported a second-quarter operating profit of €359 million, far below analysts’ expectations of €416 million. The airline cites a fall in ticket prices on North American, Asian and Europ...
Lufthansa has reported a second-quarter operating profit of €359 million, far below analysts’ expectations of €416 million. The airline cites a fall in ticket prices on North American, Asian and Europ...
Monarch Airlines has hired corporate advisory firm Dean Street Advisers, to assist the carrier's parent company Monarch Holdings to attract private equity investment. The drive to attract investment i...
Clyde & Co Dubai partner Sidanth Rajagopal has joined the London office of Kaye Scholer, a legal practice specializing in aviation finance and leasing. Henry Morriello, Chair of Kaye Scholer’s Finance...
UK pilots’ union BALPA has responded to the announcement that the International Civil Aviation Organization (ICAO) intends to establish a new task force to look into airspace safety over conflict zone...
Dublin-based lessors FLY Leasing Ltd. has signed agreements with an unnamed Asian airline over three A330-300 aircraft. The terms of the deal include FLY purchasing the first of the aircraft during th...
China Southern Airlines, Crédit Agricole Corporate and Investment Bank, and KfW IPEX-Bank have closed the second transaction under their new ECA backed financing facility. MSN 6211, a new A321-200, wa...
Airbus Group has reported its H1 underlying operating profit has risen by 10%, and has reaffirmed its forecasts for the year. Airbus also said that it was contining to study options for selling its 46...
An S7 Airlines B737 that was due to operate from Moscow to Novosibirsk, was stuck at Moscow's Domodedovo airport for nearly six hours after its undercarriage sank into melting tarmac on the airport’s ...
The Board of Directors of Aeroflot has approved JSC Aeroflot’s dividend policy. The details of the dividend policy indicate that Aeroflot will pay out dividends equal to 25% of Aeroflot Group’s consol...
Ryanair CEO Michael O’Leary has stated that the airline may consider a future switch to Airbus when its next round of aircraft acquisitions becomes necessary during the early-2020s. O’Leary stated tha...
Irish flag carrier Aer Lingus has revised its previously pessimistic 2014 profit forecast, stating recent trading trends would allow the airline to meet original targets. Aer Lingus stated that it now...
The European Commission has concluded that restructuring aid of PLN 804 million (around €200 million), which the Polish government plans to give to national flag carrier LOT, is in accordance with EU ...
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