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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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Finnair acquires six previously-leased aircraft, repays parts of pension loan
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Finnair executed a rights issue of €570 million in November 2023. 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 before taxes and cash flow will …
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DAE secures US$118 million cash insurance settlement for Aeroflot-leased aircraft
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Dubai Aerospace Enterprise (DAE) has successfully obtained a cash insurance settlement totalling approximately US$118 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 engines. This insurance settlement and the subsequent …
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IBA analyses aircraft OEM performance in 2023
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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 Insight to reveal that Airbus …
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Air Corsica opts for two additional ATR 72-600s
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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 sustainability. The two aircraft are scheduled …
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Southwest Airlines chooses Leonardo’s sorter technology at DEN
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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 handle future passenger volume growth …
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Elfly signs LoI with Lofoten to pursue zero-emission aviation
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Elfly 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 on December 13. The organisations have agreed to pursue the development of zero-emission regional aviation together. The contract was signed in Lofoten for contributing parties Lofotkraft, Destination …
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Delta and EL AL Israel Airlines launch code-share agreement
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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 across both carriers. Delta customers …
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Exclusive AviTrader interview with
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Griffin announces purchase and leaseback of ten Boeing 737-8s to Air India Express
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Boom Supersonic selects Honeywell's Anthem integrated flight deck
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Orix Aviation secures inaugural credit facility with Bank of China Dublin Branch
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Azul discloses firm order for four additional A330-900s
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BARIG welcomes Düsseldorf Airport as key partner for industry collaboration
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Turkish Airlines expands fleet with landmark order for 220 Airbus aircraft
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Monthly MRO Magazine
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Our magazine focusing on maintenance, repair overhaul in the aviation industry. Monthly features focusing on key issues in MRO sector, exclusive insight from senior industry executives, regular in-depth company profiles.
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Weekly Aviation Headline News
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The industry leading weekly aviation newsletter. No subscription charges. Distributed in magazine style every Monday via email. AviTrader’s flag ship publication since 2005.
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Interested in promoting your company with AviTrader?
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Vice President Sales & Business Development (Americas)
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Malte Tamm
Vice President Sales & Marketing (International)
Email: [email protected]
Phone: +49 (0)162 8263049
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AviTrader Publications Corp.
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Richmond, British Columbia
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