Dubai Aerospace Enterprise (DAE) has announced multiple financing deals worth $1.5 billion, while SMBC Aviation Capital has closed a $500 million bond offering, generating fresh liquidity for both companies.
UK LCC easyJet is planning further strategic investment in easyJet Holidays, to expand the business beyond its current focus on the UK-originating leisure market.
Airline executives still fretting over the pace of travel recovery in many markets now face another potentially significant short-term headache: rising fuel prices.
With cargo demand projected to exceed 2019 levels both in 2021 and 2022, it’s not surprising that passenger airlines will continue to lean on their cargo operations to supplement their revenue for the foreseeable future.
Etihad Airways has raised $1.2 billion in the first sustainability-linked loan (SLL) tied to environmental, social and governance (ESG) targets in global aviation.
After launching its first transatlantic service to London Heathrow in August, JetBlue Airways is taking steps to build brand awareness to bolster point of sales in the UK.
U.S. startup Breeze Airways sees a long-term place for Embraer E190-series regional jets in its network even with larger, more efficient Airbus A220s on the way, as the carrier focuses on filling domestic and international niches that align with its strategy.
Alitalia made its last flight Oct. 14, bringing an end to more than 70 years of operations as successor Italia Trasporto Aereo (ITA) prepares its launch.
Norwegian startup Flyr has signed a letter of intent with Air Lease Corporation for six Boeing 737-8s, which are set to be delivered directly from Boeing in the first half of 2022.