IAG reveals 9.5% second-quarter revenue increase
International Airlines Group (IAG) has revealed its second quarter revenue increased by 9.5% on the same period last year driven by increased passenger numbers. Second-quarter revenue was €6.8 bil...
International Airlines Group (IAG) has revealed its second quarter revenue increased by 9.5% on the same period last year driven by increased passenger numbers. Second-quarter revenue was €6.8 bil...
The chief executive of British low-cost carrier Ryanair has warned of job cuts in the near future. In a video address to workers, Michael O'Leary warned staff to prepare for job costs claiming the...
LOT Polish Airlines will introduce year-round flights between Hungry's capital Budapest and China's Seoul Incheon. The route will be operated three times a week starting 22 September, utilising Bo...
CDB Aviation has delivered a Boeing 737-800 aircraft on a long-term lease to Russia's NordStar Airlines. The 737-800 aircraft was delivered to the carrier in Ostrava, Czech Republic and is expected...
Ural Airlines will gain two A321neo aircraft from GECAS order book, with deliveries set to take place in October and December. The narrowbody aircraft will be the first LEAP-powered A321neo to ent...
Aercap has revealed that its second-quarter net income stood at $331.5 million, an increase of 23% when compared to the same period last year. The Dublin-based lessor says the rise can be attributed t...
Virgin Atlantic is set to phase out the remainder of its A340-600 fleet as it ushers in 14 new A330-900neos, with an additional six as options. The order, valued at $4.1billion, is a crucial step i...
Airbus has posted stronger-than-expected second-quarter earnings as it reported its adjusted operating profit rose by 72% to €1.98 billion while it accumulated operating income of €1.77 billion, whil...
New Caledonia’s Aircalin has taken delivery of its first of two A330-900 with the second aircraft joining the fleet later in 2019, replacing its existing two A330s. Aircalin will replace its exist...
Turkish Aerospace has signed a framework agreement on future projects with the Royal Netherlands Aerospace Center (NLR). Under the agreement, Turkish Aerospace and NLR will collaborate in the fiel...
Cargolux Airlines has closed a Japanese operating lease with call option (JOLCO) transaction for a Boeing 747-8F freighter aircraft. It follows the airlines inaugural JOLCO, which closed in Januar...
CACIB has acted as agent and bookrunner for a $221 million secured term loan to finance a portion of the purchase price of two B787-9 aircraft delivered to Turkish Airlines in July 2019. ACG struc...
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