Kroll Bond Rating Agency (KBRA) believes that aircraft values and lease rate declines will be contingent on two factors, namely, the speed of economic recovery and the path that surviving airlines tak...
GE Capital Aviation Services (GECAS) and Boeing have announced a mutual agreement to restructure the lessor’s skyline orderbook for 737 MAX aircraft. While the details of the agreement are confidentia...
Planet Nine Private Air (“Planet 9”), the Van Nuys, California based private charter operator and aircraft management company, announced today the addition of a fourth Gulfstream business jet to its m...
Brazil carrier GOL has cancelled 34 737 MAX orders from Boeing and reached agreement on an unspecified amount of cash compensation from the US airframe maker. In the first quarter of 2019, the unexpec...
The US Treasury department has reached an agreement with the US airlines that will enable the sector to receive billions of dollars of aid to cover payroll costs during the coronavirus pandemic. The ...
Air Canada today said it is reconfiguring the cabins of three of its Boeing 777-300ER aircraft to give them additional cargo capacity. The first aircraft conversion is complete and is now in service, ...
Boeing has hired investment banks Lazard and Evercore Inc to assess potential US government assistance or private sector loans, according to the Wall Street Journal. The airframe maker asked last mont...
Suggestions that the US government should take equity stakes in airlines as part of the aid package for the countries aviation sector is a “bad idea”, according to Richard Rahn, chairman of the Instit...
Aircraft Solutions USA, a provider of sustainable end-to-end aircraft recycling solutions, announced today that it is moving forward with its plan to build an aircraft recycling facility at North Caro...
Aeronautical Engineers has announced that KF Aerospace is adding a second modification line to support AEI freighter conversion programs. KF Aerospace began converting freighters for AEI in February 2...
In response to the Covid 19 downturn in passenger number Southwest Airlines announced that for the first time ever, the airline will be offering cargo-only charter services on its Boeing 737s. In a wr...
Given the uncertainty related to the duration and impact of the COVID-19 pandemic, Chorus is suspending its dividend following payment of the previously declared dividend payable on April 17, the comp...
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