GECAS’s deal to sell 18 Airbus A320neo-family aircraft to Air China, disclosed on 18 March, stemmed from a previous agreement with the carrier to lease the aircraft, Cirium understands. GECAS’s deal to sell 18 Airbus A320neo-family aircraft to Air China, disclosed on 18 March,...
Israeli flag-carrier El Al has reached a conditional agreement with the government on an alternative funding scheme, after the airline spent several months trying to negotiate a state-backed loan from local banks. El Al and its Sun D’Or airline operation...
Saudi Arabian flag-carrier Saudia has signed an SR11.2 billion ($3 billion) financing agreement which will partly cover the acquisition of 73 aircraft. The airline describes the aircraft as “previously announced” and comprising eight Boeing 787-10s, 35 A321neos – of which...
Korean Air tentatively believes that its acquisition of rival Asiana Airlines will close by the end of June, following the submission of its post-merger integration plan. Korean Air tentatively believes that its acquisition of rival Asiana Airlines will close by...
Singapore is in talks with New Zealand to harmonise the recognition of Covid-19 documentation, with the aim of restarting travel. Singapore is in talks with New Zealand to harmonise the recognition of Covid-19 documentation, with the aim of restarting travel....
China Airlines has promoted Shing-Hwang Kao, a company veteran of over 35 years, to become its new president. China Airlines has promoted Shing-Hwang Kao, a company veteran of over 35 years, to become its new president. Kao, who was previously...
Two former SpaceX engineers are proposing a two-stage electric vertical take-off and landing (eVTOL) aircraft for regional cargo and passenger flight, as well as for US military missions. Two former SpaceX engineers are proposing a two-stage electric vertical take-off and...
The head of the Transportation Safety Board of Canada (TSB) has taken the unusual step of criticising Iran’s conclusions into the downing of Ukraine International Airlines flight 752. The head of the Transportation Safety Board of Canada (TSB) has taken...
IAG has issued two tranches of senior unsecured bonds to raise a total of €1 billion ($1.19 billion), which it will use to shore up liquidity and for other general corporate purposes. IAG has issued two tranches of senior unsecured bonds to...
Air China has disclosed plans to acquire 18 Airbus A320neos from GECAS subsidiaray AFS Investments. Air China has disclosed plans to acquire 18 Airbus A320neos from GECAS subsidiaray AFS Investments. The deal, announced by the Star Alliance carrier in a...