Lufthansa to buy seven Boeing passenger aircraft, 10 cargo planes
Germany’s Deutsche Lufthansa announced plans on Monday to buy Boeing passenger and cargo planes with a total list price of nearly $6 billion, citing a drive to modernise its fleet…
Croatian Air Travel Market Set for Complete Recovery in 2022
Croatia expects to register a strong summer season this year despite worries over the ongoing war in Ukraine and a potential resurgence of the coronavirus pandemic. A total of 66…
Dubai aviation firm DAE takes $538m write-off on leased aircraft with Russian carriers
DAE has filed insurance claims totalling $1b and ‘expect to file more’ The Dubai aircraft leasing company DAE (Dubai Aerospace Enterprise) took a $537.9 million write-off on aircraft operating in…
Rumored to Replace Garuda, Pelita Air Received 2 Airbus A320s From France
Pelita Air Service (PAS) has brought in two Airbus A320 aircraft to ensure that it is ready to grow its business and expand its services to the regular flight segment.…
Air Lease forecasts strong demand for jets, warns on production risks
Air Lease Corp on Thursday pointed to strong demand for the industry’s most popular jet models as travel recovers from the pandemic but warned of potential risks to jet production…
U.S. OKs China Eastern rerouting of New York-Shanghai flights
The U.S. Transportation Department on Friday approved China Eastern Airlines Corp’s request to let it extend the rerouting of New York-to-Shanghai flights, over COVID-19 measures, to a different Chinese airport…
Aeroflot says it will not publish first quarter financial results
Russian flag carrier Aeroflot has announced that it will not publish financial results for the first quarter of 2022, citing shareholders’ inability to “make investment decisions”. “Disclosure of material information…
EASA identifies potential aviation risks arising from Ukraine war
The European Union Aviation Safety Agency (EASA) has identified several potential risks affecting commercial aviation due to war in Ukraine. In a recently published safety portfolio, EASA have highlighted multiple…
British Airways-owner IAG scales back summer ramp-up to avoid disruptions
British Airways-owner IAG cut back plans to ramp up short-haul flights to avoid disruption at Heathrow airport this summer, sending its shares skidding 8% on Friday after admitting it doesn’t…