American Airlines is strengthening its commitment to its Miami hub with the announcement of two new international routes to Tel Aviv (TLV) and Paramaribo, Suriname (PBM), beginning this summer. The airline is also introducing two new domestic routes from the…
All financial liabilities due in 2021 are thus refinanced on a long-term basis – Lufthansa repays KfW loan ahead of schedule with the additional funds in accordance with the contract Deutsche Lufthansa AG has again successfully issued a bond with…
The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2020 showing that demand (revenue passenger kilometers or RPKs) fell by 65.9% compared to the full year of 2019, by far the sharpest traffic decline in aviation…
Fourth Quarter 2020 Financial results significantly impacted by COVID-19, 737 MAX grounding, and commercial widebody programs 777X program recorded $6.5 billion pre-tax charge; first delivery expected in late 2023 737 MAX began receiving regulatory approval to resume operations and restarted…
Finnair will re-start passenger flights from the UK and Ireland to Finland as of 25 January 2021, following the decision by the Finnish traffic authority, Traficom, to allow passenger flights from these countries. In line with the recommendation by the…
British Airways will tomorrow retire its first Boeing 747 since announcing last month that all 31 of its jumbo jets had sadly flown their last commercial services. The Boeing 747-400, registration G-CIVD, will depart from London Heathrow on Tuesday, 18…
Hong Kong, 14 August 2020 – China Aircraft Leasing Group Holdings Limited (“CALC” or the “Company”, HKSE stock code: 01848; together with subsidiaries, the “Group”), a full value chain aircraft solutions provider for the global aviation industry, is pleased to…
Development Bank of Japan Inc. (DBJ), Mitsubishi UFJ Lease & Finance Company Limited (Mitsubishi UFJ Lease) and Fuyo General Lease Co., Ltd. (FGL) have entered into an agreement to invest in Airbus Ventures Fund III LP, a venture capital fund…
Qatar Airways continues to maintain its position as the leading international carrier providing global connectivity to the UK with the resumption of daily flights to London Gatwick starting 20 August 2020. The flights will be operated by the airline’s modern…
easyJet is pleased to announce the successful conclusion of its previously announced sale and leaseback programme for a total of 23 aircraft, generating total proceeds of $771 million (£608m), at the upper end of the £500-650 million anticipated proceeds first…
Dubai-based airline flydubai has announced today the resumption of flights to Almaty and Nursultan in Kazakhstan from 18 August. Earlier this week, the carrier also resumed flights to Dhaka, Djibouti and Kuwait, bringing the total number of operational routes on…
As of 25 October 2020 KLM will start daily flights to the Polish city of Poznan. This will be KLM’s fifth destination in Poland, after Warsaw, Krakow, Gdansk and Wroclaw. KLM is carefully building up the network. The choice has…
Wizz Air, Europe’s greenest airline*, today announces a new base at Doncaster Sheffield Airport, which will be the second base for Wizz Air UK, the group’s UK-registered and based airline, alongside London Luton. The airline will allocate one Airbus A320…
BURLINGAME, Calif., Aug. 13, 2020 (GLOBE NEWSWIRE) — AeroCentury Corp. (“AeroCentury” or the “Company”) (NYSE American: ACY), an independent aircraft leasing company, today reported a second quarter 2020 net loss of $13.5 million, or ($8.74) per share, compared to a…
Rockton leases Airbus A320 to Royal Air 13 August 2020 . 1 min read Rockton is very pleased to announce that it has leased Airbus A320 MSN 2016 to Royal Air (Philippines) and are proud to welcome Royal Air as…
