On 17 December 2013, Finnair signed the Memorandum of Understanding (MoU) with Novus Aviation Capital on the sale and leaseback of two Airbus 330 aircraft owned by Finnair. The transaction has now bee...
Lufthansa has been forced to cancel 3,800 flights due to a strike by pilots over pay and working conditions on Wednesday,Thursday and Friday this week. Some 425,000 passengers will be affected. Luftha...
It has been reported that Standard Chartered is seeking to expand its airline loan book by almost 75% over the next four years, from the current $5.8bn to $10bn. Simon Perkins, chief commercial office...
Novus Aviation Capital has closed a finance lease with Emirates Airline for one A380-800, bearing msn 142. The deal is the third transaction for Tamweel Aviation Finance (TAF), Novus Aviation’s manage...
London Luton Airport has signed a new 10 year deal with easyJet, which will more than double the number of easyJet passengers using the Airport to over 9m a year. The agreement, which will see the cre...
The cost of flying to foreign destinations from Finland has fallen by 24% according to data from Statistics Finland, which has been driven by intense competition from low-cost airlines. Air fares to f...
The engine on a Swiss Air Avro RJ100 blew up moments before take-off today at London City airport. The incident is being investigated by a team from the Air Accidents Investigation Branch. ...
Airbus Group has signed a Memorandum of Understanding with Bank of China regarding a global cooperation. The two parties have agreed to work together strategically to advance operation-related activit...
Citing two sources, Reuters has reported that aircraft lessor Avolon – currently owned by Cinven, CVC Capital Partners and Oak Hill Capital Partners – is preparing for an initial public offering this ...
Ryanair CEO Michael O'Leary has indicated that the low-cost carrier could be flying to Helsinki within a year so long as it can reach a deal with Finavia. "It's a bit expensive, but I think they’re co...
German company Intro Aviation will sign for the purchase of CityJet today from Air France KLM. The amount has not been disclosed. Intro Aviation, which will take control of the airline in four weeks, ...
The Board of Directors of Cargolux International Airlines has approved a number of executive appointments and promotions, effective from 26 March 2014. Dirk Reich is appointed President & Chief Execut...
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