30 November 2021

Double blow for LATAM as shares plummet 85% and Azul withdraws bid citing valuation concerns

Santiago, Chile-based LATAM Airlines Group S.A. (LATAM), South America’s largest air transportation group, saw its Chilean stock exchange share value plummet by 85% on Friday on the announcement of a restructuring programme that would see shares heavily diluted, though this loss was pared back to 45% by the close of trading. The Group was proposing […]

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ALC delivers first of six new Airbus A321-200neo aircraft to China Airlines

Air Lease Corporation (ALC) has announced the delivery of one new Airbus A321-200neo aircraft on long-term lease to China Airlines. Featuring Pratt & Whitney PW1133G-JM engines, this is the first of six new A321-200neos confirmed to deliver to the airline from ALC’s orderbook with Airbus. This aircraft is the first A321neo to deliver to China Airlines. “ALC

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BARIG welcomes plans and projects in coalition agreement from new federal government in Germany

The Board of Airline Representatives in Germany (BARIG) has welcomed a whole series of plans and projects that have been presented by the so-called “traffic light” parties in the coalition agreement for the new federal government in Germany. From the international airline association’s point of view, the agreement provides a basis for the further development

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TrueNoord transitions Embraer E190 to MAI

TrueNoord, the regional leasing specialist, has finalised the delivery of an Embraer E190 aircraft to MAI (Myanmar Airways International). The aircraft, based at Yangon International Airport, will service domestic routes across Myanmar and regional destinations in Southeast Asia. The aircraft has been transitioned to MAI from previous TrueNoord lessee, Air Astana. Carst Lindeboom, Sales Director

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