2 June 2019

Protectionism fears sees global airlines drastically cut profit forecasts

A combination of an escalating trade war and increased oil prices saw global airlines cut profit forecasts by 21% as the threat of an industry slowdown looms. According to the International Air Transport Association (IATA), which represents 80% of the world’s air traffic through approximately 290 carriers, December’s forecast of US$35.5 billion has been slashed […]

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Geven receives approval as “Boeing Offerable Seat Supplier”

Geven has been approved as “Boeing Offerable Seat Supplier”, for line-fit installation of Economic Class seats on the 787 Dreamliner. This milestone is the result of a long Boeing evaluation and qualification process, involving all Geven departments, especially focused on engineering and manufacturing capabilities. During the past decade, Geven has reached and maintained high levels

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Stratos closes inaugural ABS, first securitisation featuring JOL equity

Stratos, the global aircraft investment specialist, has closed the inaugural ABS featuring securitised debt, with equity sourced from the Japanese Operating Lease (“JOL”) market. The transaction was arranged on behalf of JP Lease (Japan), the leading JOL arranger. JP Lease sponsored the deal and underwrote the equity to sell to its diversified pool of Japanese

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SmartSky enters final phase of inflight network deployment using 5G technology

SmartSky Networks announces that it has initiated the final site completion phase of its next generation Air-to-Ground (ATG) network for business and commercial aviation, launching later in 2019.   SmartSky’s airborne network, which began its nationwide deployment a few years ago, incorporates many 5G wireless technologies that have been experienced during a large number of

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