Aircraft lessor SMBC Aviation nears $7 billion deal for rival Goshawk, sources say
SMBC Aviation Capital, one of the world’s biggest aircraft lessors, is nearing a deal to acquire smaller rival Goshawk for about $7 billion, including debt, people familiar with the matter…
Aeroflot buys eight stranded Airbuses from foreign leasing firms
Image: Maxim Zmeyev Russia’s biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies “as part of the fulfilment of contractual obligations”. More…
Anywhere goes: Russia overhauls aviation law for parts, aircraft certification
Russia has signed changes to a previous decree, significantly widening the range of aircraft and parts allowed to be used by the country’s airlines. One of the decree’s changes removes…
Emirates posts $1 billion annual loss, bets on profitability in FY2022-23
Image : Ryan Fletcher / Shutterstock Emirates, the government-owned carrier of the United Arab Emirates, published its annual financial results for FY2021-22, in which the airline ended with a $1…
Canadian flight attendants demand ground pay, citing airport delays
Canadian flight attendants are demanding pay for time on the ground as well as in-flight, as they have recently endured delays, sometimes for hours, at the country’s busiest airport due…
Analysis: Jetmakers’ inflation shield no match for soaring costs
Inflation clauses that determine how much airlines pay for new jets have jumped into a “hyper-escalation” band, pushing up aircraft prices but still leaving manufacturers unable to fully pass on…
UPDATE| Tibet Airlines A319 catches fire after an aborted takeoff in China
A Tibet Airlines Airbus A319 passenger aircraft suffered major fuselage damage and caught on fire after experiencing an aborted take-off and runway excursion in the south-western city of Chongqing on…
Emirates wins ‘Best Airline Worldwide’ award; launches new hospitality strategy
Emirates bagged four award wins at the Business Traveller Middle East Awards on May 9, 2022. At the ceremony, which was attended by key travel industry attendees, the airline won…
Colombia’s Avianca, Brazil’s GOL to merge in Latin America consolidation drive
Days after announcing plans to merge with Viva, Colombia’s Avianca has set out another merger deal with Brazil’s GOL to create a new Latin American aviation group. The main shareholders…
New Zealand to open borders fully to international travelers by end of July 2022
New Zealand’s government has set a date to fully reopen to international travel after more than two years of some of the world’s toughest travel restrictions. New Zealand will fully…