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SpiceJet have rejected an equity-based bailout offer from Morgan Stanley, despite appearing to be traveling down exactly the same path as India’s now defunct Kingfisher Airlines. While the company’s financial future appeared optimistic back in August 2014, by the time December arrived it was clear the airline was in greater financial trouble than expected. SpiceJet […]

Fintech Aviation Services Sarl has launched its first edition of the Single Aisle Aircraft Value (SAAV) Guide, enabling financiers, debt providers, owners and lessors of aircraft in the 50 – 240 seat sector to easily comprehend the position of their asset within this market. Fintech launched The SAAV guide to enable users to appraise their

While Wizz Air is due to open its 21st base, this time in Poland, in September, the Ukraine arm of the airline has ceased operations. According to the company, instability in Eastern Ukraine, volatility and devaluation of the local currency, plus the impact of foreign exchange controls are the principal reasons behind the decision to

A number of conservative Republicans have targeted the Ex-Im Bank, which serves US exporters and the buyers of US goods, for closure in July when its funding runs out as they consider it usurps the role of the private sector and provides “welfare” for big business. Boeing however, which is a leading Ex-Im Bank beneficiary,

As part of CTC Aviation’s strategic plans to expand the capacity and provision of purpose-built airline pilot training and resourcing services, the company has announced the opening of two additional UK-based Crew Training Centres – London Gatwick and Coventry; increasing the total number of Crew Training and Resourcing Centres within the company to seven worldwide.

With recent concerns over a number of incidents involving fires on board planes that have resulted from faults with lithium ion batteries, IATA have now turned their attention to China’s air transport of such items. Their major concern, as put by their Director General Tony Tyler, is that “Disappointingly, we are seeing some wilful non-compliance

British Airways has signed an exclusive agreement with airline pilot training and resourcing company CTC Aviation to deliver Airbus A320 conversion training for the airline’s newly qualified and experienced pilots; including those changing aircraft type as they move into Command roles. Initial plans will see up to 200 pilots commencing A320 type conversion training with

Baltic Aviation Academy, an aviation training centre based in Central Europe, expands its training capabilities into the Asian market by establishing a BAA Singapore training base. In cooperation with its China-based partner, aerospace company Haite Group, BAA Singapore is ready to provide Pilot Type Rating, Cabin Crew and Ground Handling training to Asia, Pacific and

SAFRAN Snecma and Aeromat France have signed a partnership to provide worldwide lease service of engine stands for all types of CFM56 engines. Aeromat will manage the pool of stands according to OEM regulations for such equipment. This engine stand lease service will be provided for SAFRAN Snecma Group but also for any other customer