Pegasus Airlines took delivery on Tuesday July 19, its first Airbus A320neo powered by CFM International’s LEAP-1A engines, becoming the first airline to do so for the type. Pegasus placed the largest...
Ryanair has reported a 4% rise in Q1 profit to €256m, as traffic grew 11% to 31m while average fare fell 10% to €39.92, offset by a 9% reduction in unit costs. “This modest 4% increase in Q1 profit to...
EasyJet passengers carried increased by 5.8% to 20.2 million, driven by an increase in capacity of 5.5% to 21.9 million seats and load factor increasing by 0.3 percentage points to 92.0%. Total reven...
Based on preliminary figures, Deutsche Lufthansa generated revenues of €15.0bn in the first half of 2016 compared to €15.4bn in the prior-year period. The Adjusted EBIT came to €529m compared to €468m...
Monarch Aircraft Engineering Limited (MAEL), the engineering division of Monarch, a leading UK independent airline group, has signed an agreement with Norwegian to provide line maintenance services to...
SMBC Aviation Capital’s wholly-owned subsidiary, SMBC Aviation Capital Limited DAC, has closed the sale of $500 million of its 2.65% senior unsecured notes due 2021. The notes are fully and unconditi...
Wizz Air has posted record profitability for the first quarter of the year with 18% passenger growth and a 9.8% increase in revenue. Ticket revenues increased 3.0% to €212.0 million, with ancillary in...
Caroline Cauvin joins AJW Aviation as Director of Procurement where she is responsible for the development of all purchasing activities across the business. This senior role focuses on the development...
The International Air Transport Association (IATA) and the International Federation of Freight Forwarders Associations (FIATA) have signed an agreement to implement the IATA-FIATA Air Cargo Program (I...
Swiss-AS’ AMOS has been chosen by Spanish carrier Iberia as the ideal platform to assure continuous airworthiness from an operator perspective. ...
Alceda has partnered with CBRE Clarion Securities to launch a new infrastructure fund on its Luxembourg-based UCITS platform. As a result, pan-European investors will be able to access CBRE Clarion’s ...
Ilyushin Finance (IFC) has agreed to deliver one An-124-100 freighter, previously operated by Russia’s Polet airline, to Azerbaijan-based Silk Way Airlines. The aircraft will join Silk Way’s fleet of ...
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