Swedish-based multinational development and construction company Skanska has signed a binding agreement to sell its entire 32% stake in LaGuardia Gateway Partners for US$115 million (SEK 1.2 billion)....
Aircraft leasing companies are enjoying a period of rising asset values and lease rates driven by tight supply but equally would rather the provision of aircraft was more stable and aircraft deliverie...
Aircraft Leasing & Management (ALM) has delivered the final A321-200neo to Frontier Airlines. The N633FR-registered aircraft, equipped with Pratt & Whitney engines, is the last in a three-aircraft sal...
AVIAN Inventory Management, a division of AVIAN Component Solutions, is to acquire two Embraer ERJ 170-100 LRs aircraft from global lessor Azorra. Describing the acquisition of commercial aircraft spe...
LATAM Airlines has commenced its London Heathrow to Lima, Peru route, marking the first time a Peruvian crew has operated a flight between Peru and the UK. Described by the Chilean multinational airli...
Alaska Air Group and Hawaiian Holdings have entered into a definitive agreement where Alaska Airlines will acquire Hawaiian Airlines for $18.00 per share in cash, for a transaction value of approximat...
The annual expected dip in overall global air cargo tonnages over the American Thanksgiving holiday was less than in the equivalent period last year, analysts at WorldACD Market Data have confirmed. A...
Operators of Miami-based airline GlobalX, Global Crossing Airlines, have announced the creation of a wholly-owned subsidiary to pioneer the integration of Advanced Air Mobility (AAM) in South Florida....
Lower-carbon ‘electrofuel’ provider Infinum has received a $75 million project equity investment from Breakthrough Energy Catalyst, a platform funding commercial projects for emerging climate technolo...
Sam Marnick, executive vice present and chief operating officer of Spirit Aero Systems, is to leave the company, its chairman has confirmed. Describing Marnick has having “played a pivotal role in est...
Private air medical transport company Airmedic and evTOL (electric Vertical Takeoff and Landing craft) developer Limosa are to collaborate on developing an air ambulance variant of Limosa’s eVTOL plat...
Low-cost carrier Southwest Airlines has announced a number of changes in its executive leadership, effective from 1 December 2023, to provide what it describes as ‘additional focus and clarity’ in sup...
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