GA Telesis and Finnair have signed an agreement whereby GA Telesis will acquire a part of Finnair’s Engine Services and employ 80 engine services professionals from Finnair’s Engine Services. The deal...
Monarch Aircraft Engineering (MAEL), the award-winning independent aircraft maintenance provider and a division of The Monarch Group, has reached another key milestone in the construction of its new 1...
Airlines will benefit from lower insurance costs after claims declined for a third year running as reduced accident rates and increased competition among insurers keep premiums down, according to a re...
AWAS has delivered an A319 passenger aircraft from its existing portfolio to Helvetic Airways. Founded in 2003 Helvetic Airways is Switzerland’s first regional carrier offering scheduled, charter and ...
East Epoch Limited (East Epoch) has agreed to become a new shareholder of AerDragon Aviation Partners Limited (AerDragon), AerCap Holing’s operating lease joint venture that primarily serves the aviat...
Pegasus Airlines has just added Doha and Athens to its roster of destinations, open for booking now, meaning that it now flies to 71 destinations in 29 countries, bringing the number of its internatio...
From May 20, Turkish Airlines will fly to Isparta (Turkey), Santiago De Compostela (Spain), Valetta (Malta) and Salzburg (Austria). Roundtrip flights between Istanbul and Isparta (Turkey) will be oper...
Christoph Franz, Chairman of the Executive Board and CEO of Deutsche Lufthansa, has presented a solid set of financial figures for 2012 and a positive interim assessment of the SCORE program to the sh...
The British Airline Pilots’ Association (BALPA) and Flybe have reached an agreement after the threat of up to 50 compulsory redundancies at the airline was lifted. Instead, 74% of BALPA pilots in Flyb...
SAS Group (SAS) has signed an agreement to sell 80% of its shares in Widerøe's Flyveselskap (Widerøe) for a total package of SEK 2.0 billion to a group of investors consisting of Torghatten, Fjord1 an...
Fly Leasing’s adjusted net income during the first quarter was $38.5 million or $1.37 per share, while its net income was $32.8 million or $1.15 per share. During the period, the aircraft lessor sold ...
Impacted by a one-day shutdown caused by a strike by cabin personnel on March 21, Lufthansa’s net loss widened in the first quarter with a decline of 16.5% to €459 million. Revenue was virtually flat ...
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