News

Korean Air has become Airbus's latest A350F customer after converting seven of its existing A350-1000 passenger aircraft orders to the large freighter.The flag carrier has now ordered a total of 33 A3...

Vietjet and Rolls-Royce have entered into a landmark agreement for 92 Trent 7000 engines, together with comprehensive maintenance services, valued at $3.8bn on a list price basis.The Trent 7000 engine...

Aergo Capital has sold one 737-800 to Aircraft 27992, a joint venture between Automatic, Altitude CTF and Petrus Aviation. The aircraft is on lease to AlbaStar.“Our gratitude goes out to everyone who ...

Finnair has lowered its full-year 2025 guidance after reporting a substantial decline in its third-quarter net income.The airline’s net income for the period was down 46.8% to €30.5 million. Revenues ...

American Airlines has announced that a new service between New York (JFK) and Edinburgh will be its first international route to be operated by an Airbus A321XLR aircraft.The new seasonal service, whi...

TUI Group has appointed Melvin Mak as its group director for sustainability and ESG.Mak will take over as head of the international sustainability team on November 1, 2025. In his new role, he will re...

Saudi low-cost carrier flyadeal has begun scheduled flights to Lahore, marking its fifth destination in Pakistan.The new twice-weekly services will take flyadeal's total capacity between Saudi Arabia ...

Turkish Airlines has successfully completed a “landmark financing" transaction with Bank of China, arranged by Bank of China Turkey.The five-year facility amounts to 2.9bn Chinese yuan ($412 million)....

European aerospace manufacturer Airbus has reported “solid” earnings for the third quarter and the first nine months of the year.Third-quarter revenues climbed 14% to €17.8bn, while EBIT was up 42% to...

Avation has agreed to a four-year lease extension for one A330-300 aircraft to Taiwan’s EVA Air.The lease extension is now set to expire in November 2031.Jeff Chatfield, executive chair of Avation, sa...

Avolon has reported strong third-quarter earnings alongside the finalisation of major order with Airbus for 90 new aircraft.In this year's third quarter, the company posted a net income of $149 millio...

Earlier this month, TAP Air Portugal completed its first Japanese operating lease with call option (JOLCO) facility in more than 20 years.The JOLCO transaction, which supports TAP’s ongoing fleet rene...