Boeing and the Lufthansa Group have announced a landmark 737 MAX order for up to 100 jets that will see Europe’s largest airline group restore the Boeing 737 family into its fleet. The commitment includes a firm order for 40 737-8 airplanes with 60 options. “It is a good strategic decision for the Lufthansa Group […]
Lufthansa re-introduces Boeing 737 into Group Read More »
In November 2023 Finnair executed a rights issue of €570 million. Thanks to the strengthened balance sheet and cash funds resulting from the rights issue, Finnair has now purchased six previously leased A321 aircraft from BOC Aviation. Finnair will spend in excess of €200 million on the transaction and its positive impact on both profit
Finnair acquires six previously leased aircraft, repays parts of pension loan Read More »
Dubai Aerospace Enterprise (DAE) has successfully obtained a cash insurance settlement totalling approximately US$118 million (£93 million) for aircraft previously leased to Public Joint Stock Company “Aeroflot – Russian Airlines” (Aeroflot). The settlement amount signifies the resolution of DAE’s insurance claims under Aeroflot’s insurance and reinsurance policies, specifically pertaining to seven aircraft and their associated
DAE secures US$118 million cash insurance settlement for Aeroflot-leased aircraft Read More »
IBA, a leading aviation market intelligence and consultancy company, has released an overview of OEM performance in 2023. It shows that, while some OEMs will reach their targets, others are set to fall short due to quality issues and production setbacks. Dr Stuart Hatcher, IBA’s Chief Economist and ISTAT Certified Senior Appraiser, used IBA
IBA analyses aircraft OEM performance in 2023 Read More »
Air Corsica, Corsica’s leading air transport operator and ATR have confirmed a firm order for two ATR 72-600 aircraft placed initially at the Paris Air Show. Air Corsica has completed the full transition of its fleet of ATR-500 series to the latest generation of turboprop aircraft, demonstrating its commitment to operational excellence, regional connectivity and
Air Corsica opts for two additional ATR 72-600s Read More »
Southwest Airlines, a major U.S. airline with almost 127 million annual passengers and the largest carrier of domestic passengers in the United States, has chosen Leonardo’s sorter technology to reshape the transfer bags facility at Denver International Airport (DEN). The move aims to guarantee faster connection times, accommodate tight flight schedules and enhance capacity to
Southwest Airlines chooses Leonardo’s sorter technology at DEN Read More »
On December 13, Elfi Group, developers of all-electric seaplane programme ‘Noemi’, (No Emissions) has signed a Letter of Intent (LoI) with the Lofoten Green Islands, a private-public partnership for sustainable development, in the Lofoten Archipelago in Arctic Norway. The organisations have agreed to pursue the development of zero-emission regional aviation together. The contract was signed in Lofoten
Elfly signs LoI with Lofoten to pursue zero-emission aviation Read More »
Delta Air Lines and EL AL Israel Airlines have implemented a long-term code-share agreement effective December 18, 2023 for travel beginning January 1, 2024, improving connection opportunities for customers flying between the Americas and Tel Aviv. The airlines will offer reciprocal code-share and frequent flyer benefits, including the ability to earn and redeem SkyMiles or Matmid points
Delta and EL AL Israel Airlines launch code-share agreement Read More »
