Norddeutsche Landesbank, active in aircraft financing for over 40 years, plans to sell €1.67 billion of its €2.75 billion aviation portfolio to Deutsche Bank.
The FAA is exploring changes to the way public charter flights operate in U.S. airspace, citing a recent expansion in both their frequency and complexity.
Caribbean ULCC Arajet aims to launch flights from Punta Cana International on Nov. 1 and plans to establish a base at the eastern Dominican Republic airport.
Emirates has agreed to pay a settlement for operating JetBlue codeshare flights through Iraqi airspace at a flight level that was not approved by the U.S. FAA.