LOT to be restructured
After receiving a $127 million emergency loan from the Polish government, LOT Polish Airlines will be restructured by the state to return to profitability. LOT announced in December that it had lost p...
After receiving a $127 million emergency loan from the Polish government, LOT Polish Airlines will be restructured by the state to return to profitability. LOT announced in December that it had lost p...
A new report from PwC has highlighted the concerns of the aviation industry on how aircraft will be financed in 2013 and beyond. With aircraft orders at a record high,European banks pulling out of th...
The year-old alliance between airberlin and Etihad Airways has allowed the carriers to deliver more than 300,000 passengers onto each other’s networks and collectively generated more than €100 million...
Etihad Airways has purchased a majority stake in a new entity incorporated to own airberlin’s topbonus frequent flyer program, the first step in the establishment of a global loyalty management platfo...
AeroSvit Airline has reportedly paid its outstanding debt with Moscow Sheremetyevo Airport and has resumed flights. AeroSvit has paid most of the RUB95 million ($3 million) owed and has obtained bank ...
Several Russian ministries will soon make a consolidated order for about 130 aircraft from United Aircraft Corp. (UAC), which are a mix of Antonov 148s, Sukhoi Superjet 100s, Tupolev 204SMs and Ilyush...
As part of its Transform 2015 restructuring program, Air France is preparing to announce 500-600 redundancies via a voluntary redundancy package. “Air France confirms that without adequate measures, t...
UK distribution firm Stobart Group, which owns Southend and Carlisle airports, has received approval from the [Irish] Competition Authority to acquire sole control of Aer Arann. “In line with legal re...
Pegasus Airlines, the second largest airline in Turkey, has signed for up to 100 A320neo Family aircraft (58 A320neo and 17 A321neo models), of which 75 are firm orders. Pegasus becomes a new Airbus c...
In order to appease the European Commission’s concerns over its proposed takeover of Aer Lingus, Ryanair has signed a memorandum of understanding (MoU) with International Airlines Group (IAG), parent ...
As anticipated – And as written here more than once during 2012: The Chinese just could not let ILFC get away and they have made sure that they have got in before momentum gathers behind any IPO talk ...
Icelandair has committed to buy 12 737 MAXs, valued at more than $1.2 billion at list prices. The commitment by the Icelandic carrier includes 737 MAX 8s and 9s. Boeing looks forward to working with I...
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