Mitsui said it has decided to make an additional investment in Willis Mitsui & Co. Engine Support (WMES), a 50/50 joint venture between Mitsui and engine leasing company Willis Lease Finance Corporati...
Thai Airways has completed the operational aspects of its merger with subsidiary Thai Smile.Within a filing on the Stock Exchange of Thailand, the carrier said that it had transferred all flight opera...
China has removed a ban that was in place on its airlines taking the delivery of aircraft from Boeing, Bloomberg News reported on May 12, 2025, citing sources familiar with the matter.According to the...
The United Nations aviation agency found Russia accountable for the downing of Malaysia Airlines flight MH17 in 2014, it ruled on May 12, 2025 Nearly 11 years on from the crash of the 777 in eastern U...
Philippines airline Cebu Pacific has cut its full year capacity guidance amid challenges with securing on-time aircraft deliveries as well as engine issues.The company noted that 13 of its narrowbody ...
Mongolia’s Hunnu Air operated the first scheduled Embraer E2 flight into mainland China on May 11, 2025, on an inaugural flight from Ulaanbaatar to Beijing’s Daxing International Airport.The flight wa...
Singapore-based SIA Engineering Company (SIAEC) posted earnings of S$139.6 million ($107.6 million) for the year ending March 31, 2025, up 43.8% on the prior fiscal year.Supported by “stable growth” i...
Japan's All Nippon Airways (ANA) reported a net profit of 153.8bn Japanese yen ($1.1bn) for the full financial year ending March 31, 2025, slipping 4.4bn yen ($30.3 million) compared to the prior year...
SriLankan Airlines' air freight arm SriLankan Cargo has secured CEIV lithium batteries certification from the International Air Transport Association (IATA). “This certification marks a significant mi...
Tire Bank has acquired a controlling stake in Air Premia — a long-haul “hybrid airline” based in South Korea. On April 30, 2025, Tire Bank Group signed a definitive agreement to acquire an additional ...
MUFG has closed a 12-year finance lease transaction with IndiGo for two A321neo aircraft, for the value of $106 million.The bank served as the mandated lead arranger, senior lender, facility agent, an...
Shareholders of Malaysia’s Capital A, which owns AirAsia, have approved a capital reduction plan of up to 6bn Malaysian ringgits ($1.4bn), as the company aims to ditch its “financially distressed” sta...
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