Credit Agricole Corporate and Investment Bank has closed a US$68 million financing deal with GOL Linhas Aéreas Inteligentes for 12 spare CFM56-7B engines. The financing is over a seven-year period. Th...
Cargolux is to be the launch customer AAR Telair’s full line of CAEROe advanced lightweight unit load devices (ULDs) and cargo pallets. The new pallets are up to 40% lighter than standard all-aluminum...
European Competition Commissioner Joaquin Almunia has written to the Italian government, requesting clarification on possible state aid to flag carrier Alitalia, which provisionally finalized its deal...
China Southern Airlines, Crédit Agricole Corporate and Investment Bank, and KfW IPEX-Bank have closed the first transaction under a new ECA backed financing facility. MSN 1536, a new A330-300, was del...
BNP Paribas has announced a comprehensive settlement of the pending investigation relating to US dollar transactions involving parties that are subject to US sanctions. The settlement includes agreeme...
Tokyo-based Financial Products Group (FPG) and Dublin-based lessor Amentum Capital have announced the closing of their first JOL transaction for a B737-800 aircraft on lease to the TUI Group. FPG Asse...
Flybe will launch a "hop-on, hop-off" service that will link four UK airports: Jersey, Southampton, Leeds Bradford, and Aberdeen, with a total flight time of around 3.5 hours. The service is set to be...
Aeroflot has stated it will allocate RUB2.77bn ($82 million) - 25% of the company’s net profit – to its dividends for 2013. The group announced at its AGM that the company will pay RUB2.4984 ($0.074) ...
Shares in LCC easyJet have seen a decline over the last few weeks, resulting in analysts giving “sell” advice. The decline in share price is seen as a reflection of the airline’s underperformance rela...
Industry loss-adjuster Airclaims will operate as McLarens Aviation. The re-naming is a result of Airclaims' 2011 merger with the McLarens group. ...
Ukraine International Airlines has announced it is wet-leasing two of its B737s to other European operators as a result of overcapacity. The airline has already begun wet-leasing a B737-400 to Italy's...
TAP Air Portugal will launch a new direct route from Lisbon to Bogota, Colombia, starting on July 1st. TAP will operate four direct flights per week using 268-seat A330-200s. TAP stated that more than...
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