Airbus has reported total revenues of €54.4bn ($70.2bn) for 2023, with its commercial aircraft sector accounting for €47.7bn (€51.2bn): a 15% increase from 2022. “It was a landmark year as we have rea...
Delta Air Lines has spoken out against the US Government’s Department of Transport (DOT) in a filing on February 9 with the government branch. It follows the DOT’s proposal to not renew the pending De...
Spirit AeroSystems intends to integrate automation into its production line, the manufacturer confirmed in its Q4 2023 earnings call, as it detailed the actions it is taking to address human factors, ...
Azorra has purchased 12 Airbus A220-300s from EgyptAir, the flag carrier of Egypt. Azorra is acquiring the aircraft from EgyptAir “to support the airline’s ongoing fleet transformation”. John Ev...
China Aircraft Leasing Group (CALC) has launched an unsecured revolving syndicated loan totalling a maximum of US$500 million, with an initial placement size of US$350 million, to finance part of Pre-...
The supply chain shortage will continue to pose issues for airlines, lessors, and financiers into 2024, warned head of global consultancy at Cirium Ascend Consultancy Rob Morris at the opening of the ...
CDPQ, a global investment group, and aircraft lessor SMBC Aviation Capital have finalised an agreement to create a $1.5bn global aircraft financing and leasing platform dedicated to modern, fuel-effic...
Argentine photographer Federico Winer’s ultradistance satellite art project is a long-term artistic experiment where he harnesses high-definition satellite images to create impactful works that unfold...
Commercial jet aircraft deliveries are expected to increase from $78bn in 2023 to an estimated $100bn in 2024, Avolon has found in its 2024 outlook report. With over 1,200 aircraft delivered in 2023, ...
GOL Linhas Aéreas Inteligentes (GOL) has voluntarily filed for Chapter 11 in the US Bankruptcy Court for the Southern District of New York.The Brazilian airline enters the US legal process with a fina...
British low-cost airline group easyJet has suffered a loss of £126 million ($160 million) before tax for Q1 2024. Despite the carrier reporting that performance and booking trends remain strong, profi...
Watson Farley & Williams (WFW) has relaunched the expansion of its online interactive legal analytics tool the Global Aviation Resource Index (GARI), which allows users to compare data and scores for ...
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