Etihad Airways has announced the launch of its first branded regional operation, after taking a 33.3% stake in Swiss carrier Darwin Airline. Following completion of the minority investment, which is s...
A Tatarstan Airlines Boeing 737 aircraft crashed last night while trying to land at the airport in the city of Kazan. All 50 aboard were killed. Eyewitnesses described the aircraft losing altitude as ...
The European Aviation Safety Agency (Easa) has approved the use of electronic devices during take-off and landing and will publish its guidance regarding safety testing and which devices can and can't...
FLY Leasing has entered into an agreement to amend and extend its BOS Facility, a limited recourse debt facility. At September 30, 2013, the facility had a balance of $209 million secured by nine airc...
Stratos, a new financial advisory boutique, specialising in aircraft leasing and financing, was launched by managing director Gary Fitzgerald on November 15. Fitzgerald, who has spent the past 15 year...
Monarch has announced a new five year commercial agreement with Manchester Airports Group (MAG), which includes a long-term commitment to East Midlands Airport. Monarch flies to eight holiday destinat...
Flybe has announced plans to close two of its four Scottish bases - ¬Aberdeen and Inverness – with the loss of 47 jobs. The regional airline also plans to cut more than 50 more jobs as it cuts unprofi...
IAG is predicting an operating profit of €1.8bn ($2.42 billion) in 2015 – a 12.5% increase from the previous target level of €1.6bn. For British Airways, IAG has also lifted its 2015 target from €1.1b...
Ian Fullalove, a pensioner in the Airways Pension Scheme (APS), has won a default judgement against British Airways (BA) to cover losses after the scheme downgraded inflation protection. The judgement...
MTU Maintenance Zhuhai, a joint venture be-tween Germany’s leading engine manufacturer MTU Aero Engines and China Southern Air Holding Company, celebrated the MTU Maintenance group’s 1,000th overhaul ...
DVB Bank has reported consolidated net income before taxes of €96.2 million, down 7.8% on the previous year (9m 2012: €104.3 million) mainly caused by the sale of its stake in British aero engine spec...
Avolon has closed a pre-delivery payment financing on four Boeing 737-800s to be delivered in 2015 and 2016. CA-CIB acted as sole arranger and lender. ...
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