Air Transport

New allegations suggest that Boeing’s willful disregard of quality assurance in its commercial aircraft production remained in place as recently as late 2023.

Initial analysis suggests the issue will not have any safety ramifications, the company's top engineer said.

NEOS, Italy agreed to wet-lease one 787-8 from Norse Atlantic Airways for service out of Milan Malpensa.

FINNAIR completed rollout of its €200m A330/A350 cabin renewal that includes launch of a new business class seat from COLLINS AEROSPACE, new premium economy cabin, and refreshed economy class; it next plans E190 upgrade.

CARLYLE AVIATION PARTNERS issued AASET 2024-1 ABS for $428m to purchase 12 aircraft (10 narrowbodies/two widebodies); it is company's 15th aircraft portfolio transaction and the first commercial aircraft ABS in two years.

SINGAPORE CHANGI handled 5.5m pax in May, up 13.3% vs May 2023.

ASHLAND PLACE completed new facility financing for Flight Lease for widebody freighter on lease to ASL AIRLINES.

ALAFCO plans to delist and liquidate/shut down after selling off its aircraft portfolio to Macquarie AirFinance.

INDIGO agreed to sell five new A320neos with LEAPs to Jackson Square Aviation for leaseback; first () delivered.

MESA AIR GROUP had $11.7m net profit on $132m revenues for second quarter ended March 31 vs $35.1m loss on $122m a year ago; it currently operates 80 aircraft as United Express, serving 79 cities with 263 daily departures.

WESTJET agreed to lease two ex-Lynx Air 737-8s from ACG (44314) and High Ridge Aviation (44312) in 2024.

AVOLON raised US$750m in new unsecured credit facility with seven banks predominantly in the Middle East and India.

AIR LEASE CORPORATION priced public offering of $1.2b of senior unsecured medium-term notes due June 25, 2026.

AAPA reports its members had cumulative US$8.8b net profit in 2023 after three consecutive years of losses; revenues increased 54.8% in 2023 to US$198.1b. It says outlook is generally positive, despite capacity constraints from supply chain.

Recent revisions of the certification requirements for EVTOL aircraft that narrowed the gap between European and U.S. regulators come as welcome news to Lilium.

ANCEN has been created to share “objective, timely, consensual, and credible technical advice” on the non-CO2 effects of aviation, EASA said.

In addition to its scheduled service business, Sun Country operates charter flights and 12 737-800s freighters for Amazon.

Mesa has now reduced its total debt by $221.5 million, or 36%, over the past year.

Lessor CDB Aviation, has agreed to lease agreements for two Airbus A320neos with Azerbaijan’s national air carrier, Azerbaijan Airlines (AZAL).

The warning came on the same day as U.S. SAF producer Gevo said that the strains of corn it processes could provide both SAF and animal feed.

Georgian Airways will become the country’s first airline to operate a widebody passenger aircraft.

At Routes Europe 2024, representatives from Polish Airports S.A. (PPL S.A.) outlined Poland’s growing transfer hub status and how the airports plan for growth.

Air China is adding a fourth route to Milan in July with the launch of flights from Chengdu.

The carrier launched the new cabin in 2022 and has now completed the renewal program on its entire long-haul fleet of Airbus A350s and A330s.

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.