U.S. investment firm Carlyle Group plans to indirectly acquire BBAM-affiliated company Fly Leasing under a $2.36 billion deal that will add 84 aircraft to the company’s portfolio.
Supersonic business jet developer Aerion has released the first image of a planned follow-on airliner concept designed for entry-into-service around the end of the decade which will cruise at higher Mach cruise numbers closer to the hypersonic region.
Cargo carrier Hong Kong Air Cargo has announced a partnership with Cainiao Network, the logistics venture of e-commerce giant Alibaba, which aims to improve airfreight efficiency between China and Southeast Asia.
While the rest of the world grapples with the Covid-19 traffic downturn, Uganda Airlines will branch out into long-haul operations in early 2021 after receiving its first Airbus A330-800neo.
Sydney Airport has introduced new SITA platforms for passenger and baggage interactions that will pave the way for advanced technology aimed at streamlining processes at Australia’s major gateway.
U.S. carriers report an uptick in bookings for spring and summer travel, spurred on by positive momentum in COVID-19 case counts, deaths and coronavirus vaccination rates.
Boeing resumed 787 deliveries March 26 following FAA’s sign-off, a major step in clearing a backlog of more than 80 aircraft in Washington State and South Carolina held up by needed post-production inspections.
JetBlue is still evaluating its options for serving London despite a report from Airport Coordination Limited (ACL) confirming the airline has garnered a total of 270 slots at London Heathrow for the U.S. summer season.
Japan’s airlines are once again ramping up their domestic services after enduring a major setback in the first part of 2021 due to a surge in COVID-19 cases.
Airlines are liable to pay compensation to passengers whose flights are delayed or canceled as the result of a pay strike at the carrier, according to a ruling by the European Union Court of Justice.
Norwegian Air Shuttle’s proposed restructuring cleared a key hurdle March 26 as an Irish High Court judge approved the airline’s scheme to exit the examinership process.
As much as 30% of pre-crisis business travel may be permanently replaced by video-conferencing technology in the future, a team of credit analysts from Moody’s wrote in a new report.
PARIS—French negotiators and European Commission (EC) competition officials have reportedly reached a deal on conditions that will allow France to provide further financial aid to Air France-KLM.
EasyJet CEO Johan Lundgren, who assumed his new role as Airlines for Europe (A4E) chairman on March 25, anticipates a challenging year ahead as Europe’s airlines attempt to revive their air links in the wake of COVID-19.
Swedish airport operator Swedavia said that it has not utilized fossil fuels to run its facilities since late 2020 as it seeks to reduce its carbon footprint.
Hong Kong-based China Aircraft Leasing Group (CALC) announced March 25 that it had agreed with Boeing to trim its order for 737 MAX family aircraft from 92 aircraft to 66.
The International Partners for Aviation Development, Innovation and Sustainability (iPADIS) and the African Civil Aviation Commission (AFCAC) have signed an MoU that establishes a framework for mutual cooperation on the future sustainable development of civil aviation on the African continent.`
