Gatwick to welcome Garuda Indonesia
Indonesian flag carrier Garuda Indonesia will operate into London Gatwick Airport when it resumes nonstop flights to the UK this fall. The airline will operate 6X-weekly Boeing 777-300 service between...
Indonesian flag carrier Garuda Indonesia will operate into London Gatwick Airport when it resumes nonstop flights to the UK this fall. The airline will operate 6X-weekly Boeing 777-300 service between...
easyJet’s passenger statistics for the month of January show an increase of 4% to 3, 878, 640. The airline’s load factor also increased by 2.4 percentage points to 84.4%. For the 12 months to January ...
As part of its on-going transformation, Thomas Cook Group has announced a new structure for its airlines in the UK, Germany and Belgium. From 1st March 2013, Condor – the Thomas Cook airline brand in...
European consolidation is finally on the cards, but not through mergers, rather through cost cutting. Thomas Cook is merging its European businesses, while Ryanair and Flybe will together create an op...
Russian lessor Ilyushin Finance Co. (IFC) has signed a purchase agreement to acquire 32 CS300 aircraft and options for an additional 10 CS300 aircraft. The transaction, which follows a letter of inten...
Ryanair was notified yesterday at a State of Play meeting with the EU Commission, that the Commission intends to prohibit Ryanair’s offer for Aer Lingus, despite the fact that Ryanair has met every co...
With the completion of ST Aerospace’s investment of 35% equity interest in Elbe Flugeugwerke GmbH (EADS EFW) and following the receipt of regulatory approvals, ST Aeropace, EFW and Airbus have initiat...
AWAS has mandated Credit Agricole-CIB to arrange a $224m aircraft lease portfolio commercial facility to support the acquisition of eight narrowbody aircraft – A320/737NGs – that are on lease to vario...
Although Airbus has reiterated its confidence that the lithium ion (Li-ion) main battery architecture it has been developing with Saft and qualifying for the A350 XWB aircraft is robust and safe, sinc...
Air Berlin has launched a new convertible bond of approximately €120 million with a maturity of six years. The bonds, which can be converted into Air Berlin PLC stock, are issued at 100% of nominal va...
Buried in International Airlines Group’s annual report is the news that the group has informed its lenders that is has failed to meet one of the financial covenant on a finance lease for one A340-600,...
Heathrow Airport Holdings Limited (previously BAA) announced the completion of the sale of Stansted airport to Manchester Airports Group (MAG) for £1.5bn on February 28. Heathrow Airport Holdings had ...
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