Airlines & Lessors
Feb 11, 2019
Icelandair Group, which includes domestic operator Air Iceland Connect, capacity provider Loftleidir and several tourism-related subsidiaries, recorded a 2018 net loss of $55.6 million, reversed from a net profit of $37.5 million in 2017.
Feb 08, 2019
UK regional carrier Flybe has told shareholders it had to sell off its operating companies, or face administration, adding that the empty holding company will wind up if shareholders do not back Connect Airways’ takeover offer.
Feb 08, 2019
Ernst Göhner Foundation, which owns approximately 46% of Swiss freight-forwarder Panalpina, has rejected a Panalpina takeover approach from Danish freight-forwarder DSV.
Feb 08, 2019
India’s Jet Airways confirms it has been forced to ground four aircraft because of defaults on lessor payments, as the airline continues to work on a bailout plan.
Feb 08, 2019
Latvian carrier airBaltic has appointed New York-headquartered investment bank Greenhill to advise on financing possibilities, which would be used to begin firming 30 Airbus A220 options by mid-2020.
Oct 06, 2022
Lessor Dubai Aerospace Enterprise (DAE) has signed a definitive agreement to acquire Sky Fund I Irish and its subsidiaries.
Oct 06, 2022
Regional aircraft lessor ACIA Aero Leasing plans to expand its relationship with express delivery provider DHL Express by converting a batch of ATR turboprops into freighters.
Oct 06, 2022
It is Royal Jordanian Airlines second significant fleet decision within the space of a few days after its order for A320neos.
Oct 06, 2022
The carrier will make YYC, its home airport, the locus of its international network.
Oct 06, 2022
The regional subsidiary will offer one domestic and two international routes from December.
Oct 06, 2022
The carrier had planned to resume flights to the Asian hub in March 2023.
Oct 06, 2022
Croatia Airlines says it will replace its existing Airbus A319/320 fleet with six A220-300s.
Oct 06, 2022
Lessors have played a major role in boosting the conditional orderbooks of electric aircraft startups, from Avolon’s preorder for 500 Vertical Aerospace four-passenger air taxis to Rockton’s letter of intent for 40 Heart Aerospace 30-seat regional airliners.