Danish aviation services provider TP Aerospace has signed a comprehensive Cycle Flat Rate (CFR) Program agreement with Malaysian freighter operator MJets Air, with this new partnership set to strength...
CALC has received its first long-term credit rating of Ag- by China Chengxin (Asia Pacific) Credit Ratings Company (CCXAP), with a stable outlook. This marks CALC’s first investment-grade internationa...
BNP Paribas (BNPP) provided commercial financing to CCB Financial Leasing for three A321neo aircraft that are currently on lease to Wizz Air. BNPP acted as facility agent and security trustee. VedderP...
Korean Air and BNP Paribas (BNPP) have closed a 10-year Singapore Dollar (SGD) denominated commercial debt, for the financing of two A321neo aircraft on December 17, 2024.BNPP acted as sole lender, fa...
Russia’s Aeroflot has resumed operations to Hong Kong after a four-year hiatus.The airline suspended its service of regular flights from Moscow’s Sheremetyevo Airport to Hong Kong in March 2020, due t...
South Korea's acting president, Choi Sang-mok, has called for an immediate safety inspection of the country’s airline operations, just one day after the tragic crash of a Jeju Air flight at Muan Inter...
Adani Group will acquire aviation maintenance, repair and overhaul (MRO) services firm Air Works India, the company said in a stock filing on December 23, 2024. The group signed a binding agreement fo...
Malaysia Airlines has reportedly grounded its new A330neo aircraft due to a technical fault, the Business Times reported on December 22, 2024. The report comes only days after the aircraft took its in...
Cathay Pacific is projecting a “strong” financial performance for the second half of 2024, the company said in a report on December 20, 2024. “The group projects a strong second-half financial result ...
BOCOM Leasing has delivered its first COMAC C919 to China Southern Airlines.Also known as Bank of Communications Financial Leasing, the lessor is a subsidiary of China’s Bank of Communications.This is...
The Malaysian government has agreed “in principle” to resume the search for missing Malaysia Airlines flight MH370, some ten years after the aircraft vanished. The 777 disappeared on March 8, 2014, wh...
Cambodia Angkor Air has added three ATR 72-600s to its fleet. The aircraft were purchased and leased from Chinese lessor HNCA Aviation Financial Leasing (HNCAL). Deliveries of the three aircraft are s...
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