LOT holds privatisation talks
Sebastian Mikosz, chief executive of Lot Airlines, has stated that the company is actively seeking private investment. Speaking to the Financial Times, he said that the airline is “actively working on...
Sebastian Mikosz, chief executive of Lot Airlines, has stated that the company is actively seeking private investment. Speaking to the Financial Times, he said that the airline is “actively working on...
London‐based aviation finance specialist Magi Partners is pleased to announce that Neil Lewis has joined the company as Commercial Director. Neil originally specialised in aircraft finance in Freshfie...
The European Commission has adopted a decision that renders legally binding commitments offered by Air France/KLM, Alitalia and Delta, members of the SkyTeam airline alliance, to lower barriers to ent...
Finnair, the first European airline to operate the Airbus A350 XWB aircraft, has awarded Lufthansa Technik a 12-year agreement for component support for the new aircraft type. This is Finnair’s first ...
GE Capital Aviation Services (GECAS) has delivered one new A321 aircraft to Air China. The aircraft is part of GECAS’ existing order book with Airbus. Air China is a longstanding GECAS customer. ...
TUI Group has finalized an order for one 787-9 Dreamliner with an option for one further 787-9. The order is valued at $257 million at current list prices. TUI Group also announced that it will substi...
Russia’s Federal Air Transport Agency, Rosaviatsia, has canceled the air operator’s certificate (AOC) for Bugulma-based Ak Bars Aero airline. ...
Finnair is strengthening ties with fellow oneworld alliance members Japan Airlines and Qantas, with new codeshares on the airlines’ respective services to Busan, South Korea and Perth, Australia. Busa...
In the first quarter of 2015, airberlin reported a first-quarter net loss of €210.1 million, improving on the €209.8 million net loss reported for the same period a year ago. The Net profit decreased ...
The French government has increased its shareholding in Air France-KLM by 1.7% to raise its stake to 17.58%. The government has paid between €33.2 million-€45.9 million for up to 5.1 million shares. T...
Compared to the first quarter of 2014, Turkish Airlines (THY) sales revenue decreased by 4% in US dollar terms due to Euro depreciation, ending up with a total of US$2.219bn. Turkish Airlines disclose...
UK low-cost carrier EasyJet has posted a 112.9% increase in net profits for the first six months of 2015 earning £5 million and reversing a loss of £41 million in the same period in 2014. Revenue rose...
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