The Irish Stock Exchange (ISE) will launch a dedicated exchange for aviation-related debt and other financial instruments in a bid to “enhance Ireland’s status as a global center in aviation finance,” it said in a statement.
International Lease Finance Corp. (ILFC) completed 281 lease transactions in 2013, including both extensions and new leases of aircraft from ILFC’s portfolio.
Premium air travel markets continued to improve in November, with overall international premium traffic increasing 5.4% year-over-year, “in line with the October result [5.6%] but … above growth year-to-date, which indicates that premium travel demand has accelerated over recent months,” according to IATA’s November Premium Traffic Monitor.
Etihad Airways is expected to announce a new US codeshare agreement this week, marking its third North American partnership after Air Canada and American Airlines.
Darwin Airline, which just adopted new branding as Etihad Regional, is aiming to return to profitability in 2014 aided by its new 33.3% shareholder Etihad Airways.
Italian National Civil Aviation Authority (ENAC) grounded Small Planet Airlines Italia Jan. 20 due to its fragile financial situation, although its Lithuanian franchise parent Small Planet Airlines is still operating normally.
Air China parent China National Aviation Holding Co. (CNAH) has named Cai Jianjiang as its new GM, succeeding Wang Changshun, who has been appointed as Vice Minister of China’s Transport Ministry.
Delta Air Lines reported a 2013 net profit of $10.54 billion, a significant increase over net income of $1.01 billion in 2012, as revenue rose 3% year-over-year to $37.77 billion.
GE Capital Aviation Services (GECAS) announced Monday an order for 40 Boeing 737s made up of 20 MAX 8s and 20 737-800s. The order, which was accounted for in Boeing’s 2013 net orders and attributed to an unidentified customer, is valued at $3.9 billion at list prices.
Qatar Airways will take one of the two new licenses being granted by the Saudi Arabian civil aviation regulator, GACA, to create a regional carrier operating domestic services in the country.
Abu Dhabi-based Etihad Airways has conducted a biofuel demonstration flight as a step toward the production of sustainable aviation fuel in the United Arab Emirates (UAE).
The two pilots of the Southwest Airlines Boeing 737-700 that landed at the wrong airport Jan. 12 in Missouri told National Transportation Safety Board (NTSB) investigators they flew a “visual approach into what they believed to be Branson Airport” and that they “did not realize they were at the wrong airport until they had landed.”
Singapore Airlines and Air New Zealand will join forces in a new alliance that will see the return of the New Zealand carrier to Singapore after an absence of almost eight years.
United Parcel Service (UPS) has issued a profit warning, saying it anticipates full-year 2013 earnings to be below expectations owing mostly to difficulties the company had around the Christmas holiday.
Airberlin, which has taken legal action against Berlin Brandenburg airport operator Flughafen Berlin Brandenburg GmbH (BER) for at least €48 million ($66 million) in damages over continued delays in the opening of BER, is still open for an out-of-court settlement.
A Lufthansa spokesperson has told ATW it has not yet made a decision on the Group’s next CEO after several German media reported Carsten Spohr, currently in charge of Lufthansa Passenger Airline, had been selected as the Group’s new CEO.
