In the early hours of this morning (UK time) the topic of engine leasing took centre stage at Airline Economics Growth Frontiers Hong Kong virtual conference. Joseph O’Brien, from Engine Lease Finance...
“Airlines are not all equal” – that was the message from BOC Aviation chief executive, Robert Martin, today who compared the current crisis in the aviation sector to past events and set out his vision...
InterJet is widely reported to have problems paying its advance fuel bills. Before the pandemic, the Mexican airline had long term lease agreements with Aviation Capital Group for 10 A320s and two A32...
ANA Group has reported a loss of ¥280.9bn (approx. $2.7bn) for the six months ended Sept. 30, 2020. Operating revenue during the period fell by 72.4% to ¥291.8bn. The net loss attributable to owners ...
American Airlines is seeking to boost its liquidity further with a new $1bn equity issuance, led by underwriters Goldman Sachs, Credit Suisse, Deutsche Bank, Morgan Stanley and BNP Paribas. This is th...
United Airlines is seeking to raise $3bn through an A class enhanced equipment trust certificate (EETC) issuance, which is secured on collateral pool of spare parts, spare engines and aircraft, valued...
Boeing booked no orders last month but received more cancellations: three Max orders were cancelled in September and it dropped orders for 48 more 737Max aircraft. Boeing has so far received 67 orders...
Following the high-profile drubbing of lessors and their products by Malaysian Airlines Group (MAG) last week and the threat to fold Malaysian Airlines and move all the assets into Firefly, the CEO Iz...
Erik G. Braathen along with ex-Norwegian pilots, Brede Huser and Thomas Ramdahl, are starting-up a new Norwegian-based airline with leased aircraft (see more in Europe News below). This news comes jus...
AirAsia Japan has shuttered operations. In a statement, representative director and COO, Jun Aida, wrote: "Despite our unrelenting efforts to sustain operations through successive and wide-ranging cos...
It is D-Day for the US airline industry as at the stroke of midnight yesterday the US Payroll Support Program (CARES Act) expired. As it did so, airlines across America had no alternative but to send ...
Egypt’s Finance Ministry has confirmed that it will be propping up the flag carrier EgyptAir with a guarantee of long-term financing of E£3bn ($191m). At the same time the Egyptian Presidency signed i...
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