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DAILY AVIATION NEWS ALERT

February 14th, 2024
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ATR reports robust 2023 growth in deliveries, sales and customer expansion

ATR, the regional aircraft manufacturer, has reported its 2023 annual results, highlighting a robust growth through increased deliveries and sales, strong performance of support and services, acquisition of new customers and route creation. ATR delivered 36 aircraft in 2023, a 44% increase from 2022. This reflects a positive momentum, while the year was still beset by lingering supply chain disruptions, with raw material and component shortages …
Indigo Airbus A320neo © AirTeamImages

BOC Aviation finalises finance leases with IndiGo for four Airbus A320neos

BOC Aviation has successfully concluded a finance lease arrangement involving four Airbus A320neo aircraft with InterGlobe Aviation (IndiGo). All four aircraft are equipped with CFM LEAP-1A engines and their delivery is scheduled for the year 2024. Expressing satisfaction with the transaction, Steven Townend, Chief Executive Officer and Managing Director of BOC Aviation, stated, “We are pleased to be closing another …
TUI © AirTeamImages

TUI shareholders vote to delist from London Stock Exchange

At the 65th annual general meeting, the shareholders of TUI AG, laid the foundation for the planned delisting from the London Stock Exchange. Shareholders voted clearly in favour of the proposed change to the group's dual listing and voted by a large majority (98%) to delist from the London Stock Exchange. The next step will be the start of trading …
Electra Airways has chosen Cobalt Spectrum LED drop-in mood lighting for its A321 fleet © Electra Airways

Electra Airways opts for Cobalt Spectrum LED drop-in mood lighting for A321 fleet

IFPL Group has released that Electra Airways has chosen Cobalt Spectrum LED drop-in mood lighting for its A321 fleet. Electra Airways are a Bulgarian airline who provide services to leading tour operators, airlines, and brokers within the aerospace industry, and since 2023, the airline has become part of the Vector Group.  We are thrilled to be invited to collaborate on …
Korean Air

Korean Air secures EU approval for Asiana Airlines take-over

Korean Air has achieved a significant milestone in its prolonged pursuit of acquiring Asiana Airlines, with the European Union's (EU) antitrust agency granting approval. The national flag carrier now awaits the U.S. Department of Justice's decision, the last hurdle before the completion of the acquisition, as revealed by Korean Air on February 13. Overcoming a major obstacle in the mega-sized …
JetBlue

JetBlue shares soar as Carl Icahn makes strategic 10% investment

In a significant development, activist investor Carl Icahn has acquired an almost 10% stake in JetBlue, propelling the airline's shares up by more than 18% in Tuesday afternoon trading. Icahn, who made the purchases in January and February, expressed his belief in a regulatory filing that JetBlue's stock is undervalued and presents an appealing investment opportunity. Despite a 29% decline …

Frankfurt Airport begins year with continued passenger growth

Robert Palmer joins Porter Airlines as Chief Financial Officer

Ryanair teams up with Skytanking Aviation Services for ground handling

Air Canada unveils scholarships for aspiring aircraft maintenance engineers

Lilium designates Orlando, Florida, vertiport as key network hub

Pratt & Whitney completes key design review on next-generation adaptive propulsion offering

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