AWAS has finalised the acquisition of two 737-800s and one Airbus A330-200 aircraft from another lessor. The two 737’s are already on long-term leases to current AWAS customer Garuda Indonesia, and th...
Flybe has issued a profit warning after announcing that revenue for the six months to September 30 was 1% below management’s expectations, although costs were in line with forecasts. A significant slo...
Deutsche Bank analysts have given a bullish performance review of Delta Air Lines and United Continental Holdings, as well as Alaska Airlines. Analysts say because all three airlines are deleveraging...
A cash injection of €45.5 million ($68.4 million) and a debt-to-equity conversion of €19.7 million was approved by shareholders of Slovenia carrier Adria Airways at a meeting held on September 21. Cap...
Kingfisher, unable to secure meaningful investment pledges after a two-year roadshow has this week bowed to the inevitable: cut back aspirations, cut back low cost plans and pump more of that beer mon...
Kingfisher Airlines chairman Vijay Mallya has confirmed at the company’s annual general meeting in Bangalore that he is working aggressively to raise fresh capital by either leasing aircraft or by sel...
Aviation Capital Group Trust, an aircraft securitization special purpose vehicle (the Trust), has commenced a solicitation of consents of the holders of the Class A-1 Notes, Class B-1 Notes, Class C-1...
Credit-default swaps for AMR Corp, parent company of American Airlines, rose to 49.5% upfront yesterday from 29.25% on August 1, suggesting the market considers the airline to be struggling, if not in...
Oman Air has financed its purchase of two Embraer E175 worth $52mn with a loan from BankDhofar. Oman Air has five of the Brazilian jets on order and will be looking at other local banks to support the...
Shares of Kingfisher Airlines (down 4.61%), SpiceJet (down 2.77%) and Jet Airways (down 2.76%) declined as a weak rupee heightened concerns about its impact on operating costs of airline companies. ...
Sir Stelios Haji-Ioannou has withdrawn his request for an extraordinary general meeting of the easyJet board of directors in order to remove a board member after the low-cost airline moved to increa...
Airbus parent company, European Aeronautic, Defence & Space (EADS) has sought to reassure investors that lenders and leasing companies aren’t retreating from the aircraft financing market. CFO Hans ...
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