31 May 2022

Ryanair repeats demand to lower fees at Berlin Brandenburg Airport

Back in February, Irish low-cost carrier Ryanair made it clear it needed Berlin Brandenburg Airport (BER) to reduce its aircraft handling fees in order to help as it recovers from the disastrous effects of the COVID-19 pandemic. This week Ryanair has repeated the demand: “The government and Berlin Airport should act now,” the carrier said, […]

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Jackson Square Aviation delivers two new Airbus aircraft to Cebu Pacific Air

Jackson Square Aviation (JSA) has reported the recent delivery of one Airbus A321neo and one Airbus A320neo to Philippine low-cost airline Cebu Pacific Air (Cebu). With the integration of these two aircraft, JSA now has four aircraft under long-term leases with the airline, representing a strong growing partnership between the two companies.

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SIA unveiles all-new flagship SilverKris and KrisFlyer Gold lounges at Singapore Changi Airport

Singapore Airlines (SIA) has unveiled its all-new flagship SilverKris and KrisFlyer Gold lounges at Singapore Changi Airport Terminal 3, following a S$50 million (£28.9 million) re-design, upgrade and expansion project. This will further enhance the on-ground customer experience at the airline’s main hub and comes as the demand for international air travel from and through

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Altavair closes sale-and-leaseback of four Airbus A220-300 aircraft with airBaltic

Altavair, a global leader in commercial aviation finance, has announced the closing of a sale-and-leaseback with airBaltic for four Airbus A220-300 aircraft. The acquisition was funded by funds and accounts managed by KKR, with Altavair acting as servicer on the assets. “We are pleased to support airBaltic with this transaction,” said Matt Hoesley, Head of

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MTU Chief Operating Officer Lars Wagner takes over CSO function

MTU Aero Engines is reaffirming its commitment to social responsibility and has entrusted Lars Wagner, Chief Operating Officer of MTU Aero Engines AG, with the role of Chief Sustainability Officer (CSO) in addition to his current responsibilities. Wagner is already responsible for important sustainability issues such as climate protection in development and production or supplier

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IBC Advanced Alloys reports continued profitability in the quarter ended March 31, 2022

IBC Advanced Alloys has reported its financial results for the quarter ended March 31, 2022. IBC booked another profitable quarter with comprehensive income of US$287,000 in the quarter, a 107% increase over comprehensive income of US$139,000 in the prior-year period. This quarter’s success marks IBC’s second consecutive quarter of profitable operations. Consolidated sales of US$6.3

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