London Gatwick back to profit in 2022
Gatwick Airport made £195.2 million profit in 2022 as passenger numbers topped 32 million. The return to profit came after heavy losses of over £800 million over 2020 and 2021 but chief executive Stua...
Gatwick Airport made £195.2 million profit in 2022 as passenger numbers topped 32 million. The return to profit came after heavy losses of over £800 million over 2020 and 2021 but chief executive Stua...
Aegean Group reported a return to profit in 2022 after a 98% revenue increase to €1.34bn compared with the year before. The surge meant the company exceeded its pre-Covid 2019 revenue by 2%, leaving i...
Air France-KLM has repaid a €4bn pandemic-era loan, which was granted by nine banks and was guaranteed by the French state, with a final €2.5bn tranche returned ahead of March 15. The group said its "...
Lawyers at London-based Watson Farley & Williams (WFW) advised Investec Aviation Finance on its recent launch of a $500 million aviation debt platform in partnership with an unnamed Japanese instituti...
The China Aircraft Leasing Group Holdings Limited (CALC) reported a strong revenue, closing the year 2022 with HK$4,171 million reporting 27.2% increase over 2021. CALC wrote off in full of two aircra...
Boeing foresees aircraft financing reverting to "near pre-pandemic levels in 2023" after the re-opening of most travel markets and the projected expansion of travel in Asia to close to what it was pre...
Finnair has reached a savings agreement with its cabin crew, which it said will run until the end of 2025. The Finnish flag carrier said the deal means it "has concluded the change negotiations it sta...
Airbus has reported transactions covering 171,250 shares between March 6 and March 10 as part of its share buyback programme running for a month to March 27. The shares were sold at a daily average we...
Santa Clara-based Archer Aviation, a developer of electric vertical takeoff and landing (eVTOL) aircraft taxis, said the collapse of Silicon Valley Bank (SVB) is "not expected to have any impact on it...
Canada Jetlines has closed a previously-announced $1.5 million loan deal and said it "intends to undertake a non-brokered private placement with a single arm’s length investor to raise from $1,000,020...
Doric Nimrod Air Two reports that Emirates is exercising an option to enable it to redeliver the A380-861 aircraft in the minimum condition equivalent to "half-life" together with a cash sum, as oppos...
Dublin-based leasing business AerCap on March 13 announced the completion of a secondary public offering of 23 million of its ordinary shares by seller GE Capital US Holdings, part of General Electric...
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