7 October 2020

Looming cash crisis could threaten up to 4.8 million aviation sector jobs

The International Air Transport Association (IATA) has warned that in the second half of 2020, airlines will burn through approximately US$77 billion in cash, while 2021 will see a likely continuance of a cash burn-through rate of between US$5 billion and US$6 billion per month. The IATA is calling on governments worldwide to support the […]

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CDB Aviation agrees to lease additional six A321neos to Wizz Air

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has announced an extension of the company’s relationship with Wizz Air, with an additional sale and leaseback transaction for a batch of six Airbus A321neo aircraft. Wizz Air is expected to receive four A321neos in the fourth quarter of 2021,

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Vallair strengthens Aerostructures & MRO Services management team

Vallair, the mature aircraft asset specialist and launch customer of the A321P2F freighter conversion,  has appointed Steve Pike as Aerostructures & MRO Services Sales Manager. He will be based in Vallair’s EASA and FAA approved repair facility in Châteauroux, France. Pike’s role will be to act as the main interface with operators, lessors, aviation parts

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Czech Airlines Technics expands aircraft parking and maintenance service range

Czech Airlines Technics (CSAT) has decided to join forces with FlyTech Aviation Services and expand the range of aircraft maintenance and parking services at several international airports in the Czech Republic and Slovakia. The new business initiative targets a very interesting market segment, currently most intensively demanded by airlines, aircraft lessors and manufacturers. A package

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Finnair flies to 51 destinations in Europe and Asia in the winter

Finnair has trimmed its flight schedule for the winter season in line with customer demand, while planning to boost frequencies during spring 2021. The update comes as the airline responds to a temporary softening of demand in the market due to widespread travel restrictions.  From October 25, 2020, to March 31, 2021, Finnair will serve 45

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