SMBC Aviation Capital Secures $710 Million Insurance Payout for Aeroflot Leases
SMBC Aviation Capital has confirmed the receipt of an insurance settlement totaling approximately USD710 million from Russian state-owned insurer NSK…. Read More »
Spanish Court Rules in Favor of Ryanair in Dispute with OTA Kiwi
Ryanair has secured a victory in a Spanish commercial court, which rejected an injunction sought by online travel agency (OTA)… Read More »
Liquidators of GTLK Europe Sue Underwriters for Payouts
Irish liquidators representing GTLK Europe and GTLK Europe Capital, formerly Irish subsidiaries of Russian state-owned lessor GTLK – State Transport… Read More »
Elite Airways Faces Operating Authority Revocation After Dormancy, Seeks to Reapply
The US Department of Transportation (DOT) has revoked the operating authority of Elite Airways after the airline ceased operations in… Read More »
Air Vanuatu Restores 737 and ATR72 to Service, Eases Capacity Concerns
Air Vanuatu has successfully returned its sole B737-800 and ATR72-600 aircraft to service, alleviating capacity constraints at the South Pacific… Read More »
Capital A Secures $150 Million Five-Year Term Loan for AirAsia Group
Malaysian company Capital A, the owner of the AirAsia Aviation Group, has successfully secured a five-year term loan facility of… Read More »
Silk Way West Airlines Expands Fleet with First Boeing 777-200F
Silk Way West Airlines, based in Azerbaijan, has taken delivery of its inaugural B777-200F on September 30, 2023, marking the… Read More »
SAS Scandinavian Airlines Faces Battle for Control as Duelling Investors Compete
In a high-stakes bid for control, SAS Scandinavian Airlines (SK) is currently caught in the crossfire between two rival… Read More »