Aircastle is seeing demand for some of its older-generation models but expects several of the 16 aircraft it had off-lease as of Nov. 30, 2020 to be sold for part-out, its top executive said.
The future of a West Atlantic Boeing 737-400SF freighter is uncertain after it sustained apparently significant damage during a reported hard landing in the UK.
U.S. commercial air fares plunged to their lowest recorded levels in at least two decades during the 2020 third quarter (Q3), new data from the Bureau of Transportation Statistics (BTS) shows.
Two Southeast Asian flag-carriers are moving closer to completing major restructuring efforts that will help them reduce debt commitments and operate efficiently once demand returns.
U.S. lessor BBAM has placed a firm order for six more Boeing 737-800 Converted Freighters (737-800BCFs), with options on a further six, increasing its commitment to 15 of the type.
International Airlines Group (IAG) has negotiated a lower price for Air Europa as it presses ahead with the strategic acquisition of the Spanish carrier despite the COVID-19 crisis.
Singapore Airlines (SIA) is trialing a new function in its digital travel portal that will allow passengers to book COVID-19 tests and receive results on one platform.
The FAA has flagged a subset of Boeing MAX-family aircraft as needing post-production re-work after the manufacturer discovered a sealant was not applied to certain components during manufacturing.