Castlelake is in the market with its third aircraft asset backed securitisation (ABS). The $916 million Castlelake Aircraft Securitization Trust 2016-1 (CLAS 2016-1) is a three-tranched ABS secured on...
Boeing has posted its first quarterly loss in nearly seven years. The US$234 million loss posted yesterday for Q2 2016 came on the back of write-downs totaling US$3 billion including a US$1.2 billion ...
In Turkey, the aftereffects of the coup attempt continue to impact Turkish Airlines. The airline has cancelled the labour contracts of 211 Turkish Airlines employees as part of a purge of those sympat...
It is the real question of 2016: The slowing of passenger demand comes once again at the same time as the aircraft delivery cycle kicks-in to full gear. This is good news for lessors as it tends to le...
National carrier Kenya Airways has posted a Sh26.2billion after tax loss for the full year ending March 2016 compared to a Sh25.7 billion after tax loss. The deeper loss has complicated the airline’s ...
Sumitomo Mitsui Trust Bank (SuMi Trust), and Novus Aviation Capital have announced the launch of the US$200 million Ortus Aircraft Leasing Fund (Ortus). Novus is co-sponsor in Ortus and will provide ...
Turkish Airlines has revealed that the US Federal Aviation Administration (FAA) has lifted the restriction it imposed on all airline carriers, regardless of country of registry, are prohibited from fl...
It is all about brand and THY has spent more money on branding over the past twelve months than most airlines in the world, but since Friday night’s failed coup, business has been somewhat hard for TH...
Goshawk and Etihad Aviation Group have recently partnered on a sale-leaseback transaction for four 787-9s. The aircraft are due to be delivered throughout 2017 and the deal also involves an innovativ...
Not the ideal airshow announcement but Airbus has confirmed it is reducing its delivery target of 20 A380s per year in 2018 to 12. The A380 reached breakeven in 2015 at 27 deliveries and Airbus target...
LATAM and Qatar Airways, both members of the oneworld alliance, have entered into a subscription agreement providing for Qatar Airways to acquire up to 10% of LATAM’s total shares, which will be acqui...
Farnborough takes a backseat as the UK gets a new Prime Minister in the form of Theresa May, who goes into Downing Street in less than 48 hours. She will prove to be a very tough negotiator and a grea...
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