Qantas Group has revealed in its annual report for fiscal year 2023 that it has reduced short term incentive payments for its senior executives by 20% in light of the ruling that the airline contraven...
TUI Airline has fully implemented the SITA OptiClimb solution across all five of its airlines as part of the group’s sustainability agenda to reduce airline emissions. The wider deployment of SITA’s i...
China Aircraft Leasing Group Holdings (CALC) has announced the final results of tender offer for purchase of the two USD bonds due 2024. CALC stated that in view of the company's “sufficient liquidity...
Joby Aviation plans to locate its first scaled aircraft production facility in Dayton, Ohio, the birthplace of aviation. The city is also home to Wright-Patterson Air Force Base, and the headquarters ...
Dubai Aerospace Enterprise (DAE) has signed a new multi-tranche financing, structured as a combination of revolving credit facilities and term financing facilities, each comprising of conventional and...
ZeroAvia has announced that Airbus, Barclays Sustainable Impact Capital and NEOM have co-led the company’s latest financing round. Breakthrough Energy Ventures, Horizons Ventures, Alaska Airlines, Eco...
ASQS, aviation safety, quality and risk management software provider, has announced a strategic long-term partnership with Beams, an AI insights provider, to “revolutionise aviation safety” by leverag...
Falko Regional Aircraft (Falko) has completed the delivery of one Embraer E170 aircraft bearing MSN 17000029 on lease to UK regional carrier, Eastern Airways. The aircraft was delivered to Eastern Air...
ABL Aviation has delivered an Airbus A220-300 to Air France on a long-term lease. This transaction was executed through a Japanese operating lease (JOL) on behalf of its Japanese partner. This recent ...
On 14 September 2023, Asiana Airlines took delivery of one new Airbus A350-900 aircraft, the first of two aircraft to be financed under a Balthazar private insurance format. The deal was jointly arran...
In August Boeing delivered 35 aircraft, the lowest amount in the past four months. The delay caused mainly by the fix to the manufacturing flaw on the 737 MAX. The August figure included 22 737 MAXs a...
In line with other US carriers, Frontier Airlines, has updated previously issued guidance for the third quarter of 2023, to reflect both a “recent significant unexpected change in the booking trajecto...
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