Ryanair has revealed it will move to a new group structure at the same time it announced a fall in fortunes during the last quarter. Michael O’Leary confirmed that he will remain with the company for ...
Airbus has reported that it had detected a cyber incident on its commercial aircraft business information systems, which resulted in “unauthorised access to data”. The manufacturer stated that there i...
The oxymoron is a perfect way to describe the mood on stage at the seventh Airline Economics Growth Frontiers Dublin conference. Before the event opened, industry stalwarts expressed their hope that t...
Increasing geopolitical and geo-economic pressures are identified as the most vital risk in 2019, according to the findings of the annual World Economic Forum’s Global Risks Report 2019.The report als...
Global investment firm, KKR, and Altavair AirFinance have entered into an agreement to form a long-term partnership to create a global portfolio of leased commercial aircraft. KKR will make a $1 billi...
Sumitomo Mitsui Finance and Leasing (SMFL) and Sumitomo have reached an agreement through which SMFL will acquire 65% of the shares of Sumisho Aero Engine Lease (SAEL) from Sumitomo. The acquisition s...
Avolon has contracted to sell a portfolio of 49 regional jet aircraft to Falko. The aircraft are currently on lease to nine airlines around the world and the transaction is expected to close in early ...
SkyWest has sold ExpressJet Airlines to United Airlines joint venture ManaAir. The transaction is expected to close in early 2019, subject to customary closing conditions. The deal was settled for app...
The UK government has launched its Aviation 2050 consultation - a long-term plan for sustainable growth of the aviation industry in the UK that. It proposes new measures to ensure the UK’s aviation se...
Embraer and Boeing have approved to the terms of a strategic partnership that defines the joint venture comprising the commercial aircraft and services operations of Embraer. Under the terms of the pr...
The Virgin Galactic spacecraft has succeeded in reaching the edge of space yesterday with a test flight its SpaceShipTwo, VSS Unity, reaching an apogee of 51.4 miles following a 60 second planned rock...
On January1, 2019, Martin Friis-Petersen (45) will take on the role of Senior Vice President MRO Programs at MTU Aero Engines, heading up the sales and marketing organization for MTU Maintenance. He t...
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