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...
Waypoint Leasing has entered into an agreement to be purchased by Macquarie Group (Macquarie) for approximately $650 million. Macquarie Rotorcraft Leasing will combine the Waypoint helicopter assets a...
The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3 billion expected net profit in 2018 (revise...
Brazil’s fourth-largest airline, Avianca Brasil, has filed for bankruptcy protection – similar to Chapter 11 in the United States – in the face of lawsuits from leasing companies seeking the return of...
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