News

Willis Lease Finance Corporation (WLFC) has reported its results for 2025. Total revenues reached a record $730.2 million for the year ending December 31, 2025, up 28.3% on 2024. This was driven by st...

Airbus and ST Engineering joint venture (JV) Elbe Flugzeugwerke (EFW) has signed a contract for an Airbus A330-300 passenger-to-freighter conversion with Hong Kong-based aircraft lessor Asia Pacific A...

Belgian-based investment company FLARE Group has launched its European aerospace & defence investment firm.The new firm is backed by private investors and family offices from the US and Europe. The fi...

Dublin-based EirTrade Aviation has received full planning permission from Mayo County Council to expand its facility at Knock, Ireland West Airport. The proposed project will extend the company's 2,10...

Southwest Airlines has secured a $500 million senior secured term loan credit facility yesterday (March 11). The facility was drawn in full on closing date. The loans bear interest based on either ter...

Joby Aviation has begun flight testing its first FAA-confirming electric vertical takeoff and landing (eVTOL) aircraft for type inspection authorisation (TIA). The eVTOL developer said this marks a “m...

BOC Aviation has signed a self-arranged club loan transaction totalling $2bn with 19 banks globally. The transaction comprises five-year unsecured term loan facilities of $1bn, five-year unsecured com...

IndiGo CEO Pieter Elbers has stepped down with “immediate effect”, the airline said yesterday (March 10). Elbers has led the company since September 2022. He was previously president and CEO of KLM fr...

Bain Capital has closed its acquisition of fixed-base operations (FBO) and airport real estate company APP Jets Center. The company serves corporate and private air clients in US markets. "APP Jet Cen...

Argentina-based regional airline Flytec has taken delivery of one De Havilland Canada Dash 8-400. The aircraft will support mining operations in Argentina, with the aircraft being suited for Argentina...

Cathay Pacific has cancelled daily flight to Dubai and Riyadh through March 31 amid the ongoing conflict in Middle East. “In view of the volatile situation in the Middle East, and to provide both our ...

Lufthansa Airlines will be operating 50% of its total flight schedule tomorrow and Friday (March 12-13) after pilots' union Vereinigung Cockpit announced strike action at “short notice”.As a result, t...