A series of external factors and one-time losses put Thai Airways’ Q1 profits under pressure, during a period historically associated with strong travel demand.
Infrastructure startup Urban-Air Port believes use of its Vertical Airfield concept could help unlock new efficiency for the advanced air mobility industry.
The latest sale of crossover jets by Nordic Aviation Capital (NAC) to fellow-lessor TrueNoord sees the two companies continuing to rebalance their respective portfolios.
Breeze Airways has reiterated interest in a larger, longer-range version of the Airbus A220-300 that would make its chosen fleet type even more flexible.
Auditors from the U.S. Transportation Department’s Office of Inspector General will evaluate the FAA’s surveillance of United Airlines maintenance activity.
ACI EUROPE reports year-over-year pax traffic in Europe increased 10.2% in 1Q24, reaching 98.7% of pre-pandemic 1Q19 levels. It also revised its full-year forecast and now projects traffic in 2024 to be 3.2% higher than 2019 vs 1.4%.
CRESTONE AIR PARTNERS, CO purchased two A320-200s (4323/4372; leased to SMARTLYNX) in partnership with ATALAYA CAPITAL MANAGEMENT; HALO AIRFINANCE (joint venture of GA Telesis/Tokyo Century) financed the deal.
