AerCap says its deal with Spirit Airlines for 36 A320neos comes with the benefit of getting aircraft sooner than it could have by ordering from Airbus.
After dropping its proposed acquisition of Air Europa, IAG's CEO still sees benefits of consolidation and retains an interest in buying TAP Air Portugal.
JetBlue Airways has signed a pact with World Fuel Services for sustainable aviation fuel to help power some of the carrier’s flights from New York JFK.
With Regional Express (Rex) filing for voluntary administration, Flight Friday looks at the current state of Australia's larger operators in terms of flights.
IAG had €909m net income on €8.3b revenues in 2Q24 vs €1b on €7.7b in 2Q23; it has €13.2b liquidity. It also terminated agreement to acquire remaining 80% of AIR EUROPA due to regulatory restrictions, paying Globalia €50m as a break fee.
AIRASIA X (AAX) submitted listing application and the draft circular to Bursa Malaysia for proposed acquisitions of Capital A’s entire equity interest in AIRASIA AVIATION GROUP and AIRASIA BERHAD (AAB), due for completion in 2024.
WILLIS LEASE FINANCE had $42m net income on $151m revenues in 2Q24 vs $13m on $109m in 2Q23, and ended quarter with 344 engines (vs 348 a year ago), 12 aircraft (vs 12) and other leased parts and equipment worth $2.5b.
ALLEGIANT AIR earned $47m on $649.5m revenues in 2Q24 vs $127.5m on $684m in 2Q23; it expects to take delivery of four 737-8200s by end of 2024 (first in September), increasing year-end fleet to 124: four 737s and 120 A320 Family.
