Boeing pushes on with MAX production
After what has been a testing time for Boeing, the restart of 737 MAX deliveries in December gave Boeing a… Read More »
Norwegian drops long-haul, cuts 2,160 jobs, to raise $590mn
Norwegian (DY, Oslo Gardermoen) will shut down its long-haul operations to focus instead on “a simplified business structure and dedicated… Read More »
easyJet continues sale/lease-backs drive with 10 A320s
easyJet (U2, London Luton) has announced yet another sale and leaseback transaction, this time covering ten A320 family aircraft sold… Read More »
RwandAir axes A330neo, B737 MAX leases
RwandAir (WB, Kigali) has confirmed it has cancelled leases for two A330-900Ns and two B737-8s amid protracted delays in their… Read More »
easyJet raises $771mn in sale/lease-backs, eyes more funding
easyJet (U2, London Luton) has said it “will continue to review its liquidity position on a regular basis and will… Read More »
Private jets industry wrecked; only 5% fleet flying, 40% aircraft to remain grounded after lockdown
The nationwide lockdown has crippled the business aviation sector over the past two months. With the government restrictions on flying… Read More »
India’s NCLT Postpones Decision on Deregistering Go First Engines Amid Legal Complexities
The National Company Law Tribunal (NCLT) in India has delayed its decision on the deregistration of engines from the troubled… Read More »
Air India Secures ₹190 Billion Refinancing Deal to Bolster Operations
Air India, the flagship carrier headquartered at Delhi International, has successfully refinanced its short-term loans, consolidating its financial strategy for… Read More »