International Airlines Group (IAG) posted strong results in its third quarter earnings. Net profit for the quarter totalled €1.4bn, up 16.7% from the third quarter last year, as well as reporting an o...
TUI Airways has commenced operations from the UK to Luxor, Egypt on November 7, 2024.Flights will operate on a weekly basis from both Manchester and London Gatwick to the Egyptian city, offering a non...
Maples Group supported Kingston Airport Revenue Finance, a Cayman Islands special purpose vehicle, on the securitisation transaction led by the Government of Jamaica (GOJ). The ‘KingAir’ transaction s...
Asset management firm ABL Aviation has committed a $400 million financing facility dedicated to supporting Embraer's E-Jet E2 programme. ABL's investment will provide customers of Embraer more enhance...
Air France-KLM's third quarter profit fell €122 million to €824 million, citing higher cost challenges as well as the Paris Olympic Games impacting Air France. “Persistent cost challenges spiked highe...
Wizz Air's net profit for the first half of the fiscal year 2025 dropped 21% to €315.2 million, when compared to the same period last year. The drop comes as GTF engine-related aircraft groundings hav...
Safran has appointed Stephane Cueille as its CEO of Safran Aircraft Engines and Bruno Bellanger as CEO of Safran Electrical & Power. Bellanger will also join the group executive committee. Cueille's a...
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) and Smartwings Airlines have signed a new agreement for comprehensive maintenance of the airline's LEAP-1B engines. The agreement cove...
AJW Group has signed a multi-year power-by-the-hour (PBH) agreement with Enter Air SP., the largest private airline operating in Poland. The contract covers 22 737NG aircraft, as well as including a f...
Dublin-based lessor Genesis has concluded a transaction with BOC Aviation, acquiring three narrowbody aircraft. The transaction consists of one 737-8 with TUI, one A320-200 with Volaris, and one A320n...
Lufthansa Cargo signed three memorandum of understandings (MoU) with three Chinese companies: Shanghai Airport Authority, Air China Cargo, and China Postal Express & Logistics. “China's rapid growth h...
Global Medical Response (GMR) has placed an order for 28 Airbus helicopters, including six H125s, five H130s, 14 H135s and three H145s, as it continues expanding its air medical fleet. Following GMR’s...
We're Social