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Critical Due Diligence Discovered Amidst Bankruptcy Speculation - BrokerBank Securities

Republic Airways Holdings, Inc. (NASDAQ: RJET) shares have fallen from $8.50/ share on July 24th to a low of $2.01 on August 27th as the airline battles the Teamsters union representing its 2,200 pilots. There is speculation that RJET will file bankruptcy shou...

United Airlines Cargo Goes Live With RTS Cargo Revenue Management Solution

United Airlines went live with RTS CargoProfitOpt - capacity management module to forecast capacities, predict show up behavior, and compute optimal overbooking levels.  Apart from updating these values in the United Cargo's reservations system, the RTS solution also rea...


FLY Leasing Acquires New Boeing 737-800

FLY Leasing Limited (NYSE: FLY) ("FLY"), a global leader in aircraft leasing, today announced it has acquired a new Boeing 737-800 aircraft in a sale and leaseback transaction with an airline. The aircraft is on lease until 2027. "This brand new B737-800 is our latest acquisition as we look to deploy capital to grow earnings," said Colm Barrington, CEO of FLY. &quo...

Swedish equity fund EQT VI takes majority state in Danish lessor NAC

Swedish private equity fund EQT VI will take a majority stake in Denmark-based regional aircraft lessor Nordic Aviation Capital (NAC) as the latter aims to raise capital for further expansion. NAC said it would use the additional equity capital tocontinue expanding its fleet and provide flexible and innovative financing solutions for regional aircraft across the world. EQ...

AEGEAN: First Half 2015 Financial Results

AEGEAN announces first half 2015 results with consolidated revenue at €403.6m, 4% higher versus 2014. Total number of passengers carried rose by 15% to 5m as the company invested in new fleet and more capacity, increasing frequencies on existing routes as well as adding new international destinations. International passenger traffic rose by 20%, with Athens base being the main driver...

Japanese Operating Lease – another niche aircraft finance product to fade away?

On the 17th of August the Japanese Government announced that the world’s third largest economy had decreased by 1.6% in Q2 thus supporting the grim scenario that the annual growth of the economy would fail to reach 1% in 2015. Moreover, many experts have voiced their doubts whether the Japanese government will be able to revive the stagnating economy any time soon. As the Government seeks to...

ST Engineering’s Aerospace Arm Reorganises Its Aircraft Leasing Business

Singapore, 31 August 2015 – Singapore Technologies Engineering Ltd (ST Engineering) today said that further to its announcement dated 6 November 2013, the joint venture agreement (JVA) between ST Aerospace Resources Pte. Ltd. and Wings Capital Partners Holdings, Ltd has been terminated. The joint venture, WingStar Pte. Ltd., was set up to acquire mid-life to end-of-life a...

Aeroflot Announces 1H 2015 IFRS Financial Results

Aeroflot Group ("the Group", Moscow Exchange ticker: AFLT) today published its consolidated interim financial statements for the six months ended 30 June 2015, in accordance with International Financial Reporting Standards. 1H 2015 Operating and Financial Highlights for Aeroflot Group: Group passenger traffic increased by 14.0% year-on-year, with 33.4% year-on-year growth i...

Asian stocks set for worst monthly drop in three years on global rout

Asian shares fell on Monday and looked set for their worst monthly performance in three years after top Federal Reserve officials kept the door open for an interest rate hike in September and Chinese stock markets took a fresh tumble. Global markets are bracing for Chinese data on Tuesday which is expected to show the world's second-largest economy is continuing to lose momentum. A Reute...

Man linked to JPMorgan hacking in talks to resolve U.S. case: filing

A Florida man accused of running an unlicensed bitcoin exchange and who is among five defendants linked to last summer's massive data breach at JPMorgan Chase & Co is in talks to resolve his criminal case, according to court papers filed Friday. In a court filing in federal court in Manhattan, a prosecutor said Yuri Lebedev, one of two men charged with operating the bitcoin exchange ser...

Payments glitch at HSBC leaves thousands of Britons without wages

Thousands of Britons failed to receive their wages on Friday when a problem at Europe's biggest bank HSBC prevented some of its business customers from making payments. The glitch affected payments made by the companies through Britain's Bacs system, which processes electronic transactions. "Approximately 275,000 payments have been affected, including payments to customers of ot...

Carlyle looks to sell Landmark Aviation for $1.7 billion

Private equity firm Carlyle Group LP (CG.O) has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion, including debt, people familiar with the matter said on Friday. The business jet market is slowly recovering from a downturn sparked by the global financial crisis, helping valuations for companies offering services to that industry....

Shanghai Airports Report 1.3 Billion Yuan H1 Net Profit

Shanghai Airport Authority (SAA) Thursday reported a double-digit growth for its net profit in the first half of 2015 owing to strong travel demand, lower fuel price and higher airports capacities. Two Shanghai airports including Shanghai Hongqiao International Airport (SHA) and Shanghai Pudong International Airport (PVG) have achieved a total net profit of 1,292 million yuan for the six months...

Air China’s 1H profit increases more than 700%

Air China has reported a net income of CNY4.2 billion ($660 million) for the first half of 2015, up 721% over the net profit of CNY510 million for the same period of last year. Operating revenue rose 3.87% to CNY51.9 billion while operating costs increased by 5% to CNY45.2 billion. The Beijing-based carrier cited “robust growth in market demand” and “much lower fu...

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ASX launching SeedInvest capital raise campaign for full-scale eVTOL development, testing, and certification

Airspace Experience Technologies (ASX), an aviation technology start-up, is re-imagining personal air transportation with the mission to offer urban commuters a cleaner, faster and affordabl...

Get ready for 7th Maximising Non-Aeronautical Revenue Summit

Leading 7th Maximising Non-Aeronautical Revenue Summit takes place This June 2019 in Singapore! With an average of 44% of global airports’ revenues deriving from the non-aerona...

An exceptionally successful 2018 of Pilatus Aircraft

Every business has to check up financial results in order to see how all strategic thinking is working for the best of company's profit.  This time, is the resume of year 2018 from Pilatus...

Jet Aviation to open New FBO in Scottsdale Airport by late 2020

Stakes of Scottsdale Jet Center were acquired by Jet Aviation. The intent is quite simple  - to build and operate new Jet Aviation FBO and the hangar by late 2020. The new facility is meant...

Profitable growth of MTU Aero Engines in the first quarter of 2019

MTU Aero Engines reported increased revenues and earnings as well as that business prospects remain positive. In the first quarter of 2019, MTU Aero Engines AG saw its revenues  inc...

Norwegian first quarter results - increased revenues and reduced costs

Norwegian reported its first quarter results. The quarter was characterized by reduced costs, increased revenue and significantly improved on-time performance. The net loss was NOK 1,489 million, whil...

CDB Aviation Closes $525 Million Unsecured Credit Facility

Company’s First Unsecured Syndicated Term Loan Facility  CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”...