Major rating agencies do not expect the AerCap-GECAS merger and the sale of FLY Leasing to Carlyle Aviation Partners will lead to much further consolidation among larger rated lessors. Major rating agencies do not expect the AerCap-GECAS merger and the...
European Commission officials have confirmed that the Maltese Government has approached it over a possible state-aid package for national carrier Air Malta. European Commission officials have confirmed that the Maltese Government has approached it over a possible state-aid package for...
All Nippon Airways (ANA) Holdings will work with German firm Wingcopter to research and develop drone delivery infrastructure, particularly for medical supplies and consumer products. All Nippon Airways (ANA) Holdings will work with German firm Wingcopter to research and develop...
The coronavirus pandemic has been tough on Pratt & Whitney’s commercial engine business in the Asia-Pacific, and the company’s sales leader for the region says the outlook hinges on vaccines. The coronavirus pandemic has been tough on Pratt & Whitney’s...
South Korean carrier Aero K has commenced scheduled domestic flights, becoming the country’s eighth low-cost carrier. South Korean carrier Aero K has commenced scheduled domestic flights, becoming the country’s eighth low-cost carrier. The official launch of operations on 15 April...
Central European budget carrier Wizz Air is expecting to turn in a net loss of €570-590 million ($680-700 million) for the full year. The company puts the underlying loss, for the year to 31 March 2021, at €475-495 million –...
Virgin Australia Group will reintroduce 10 Boeing 737-800s into its fleet, as part of a wide-ranging, “fast-tracked” domestic recovery plan which will also see the carrier resume hiring. Virgin Australia Group will reintroduce 10 Boeing 737-800s into its fleet, as...
Recent domestic lockdowns will cost the Qantas Group an estimated A$429 million ($331 million) in its 2021 financial year, but it is upbeat about prospects for the fourth quarter. Recent domestic lockdowns will cost the Qantas Group A$429 million ($331...
American Airlines says that it plans to fly 90% of its normal domestic seat capacity and 80% of its international capacity during the summer season as customers begin to return to air travel in greater numbers after the beginning of...
The US Air Force claims that it achieved the longest known air-to-air missile shot in March 2021. The US Air Force (USAF) claims that it achieved the longest known air-to-air missile shot in March 2021. As part of a test,...