Air New Zealand has today announced its 2015 annual result with normalised earnings[i] before taxation of $496 million for the 2015 financial year, an increase of 49 percent on the prior year. Statutory earnings before taxation were $474 million, while statutory net profit after taxation was $327 mi...
China Aircraft Leasing Group Holdings Limited (“CALC” or the “Company”, stock code: 01848.HK), the largest independent operating aircraft lessor in China, today announced strong financial and operating results of the Company and its subsidiaries (collectively, the “Grou...
Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) presents the following results pertaining to the 2Q 2015. Financial and operational information is provided in millions of US dollars unless stated otherwise. The following information is presented in accordance with International Financial Reporting Standards (IFRS). The reconciliation between IFRS and non-IFRS financial...
The federal government has wasted more than $850 million over six years by operating inefficient air-traffic control towers, according to a watchdog audit. At a time of fewer flights, the efficiency of the Federal Aviation Administration’s facilities at airports ranging from large hubs to smaller private-plane strips varies widely, the Transportation Department’s Inspector General&n...
Volatile global markets showed tentative signs of a respite from the recent blood-letting on Tuesday as bargain hunters helped Asian stocks off three-year lows, though share markets in China, epicenter of the rout, suffered another big sell-off. The MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 1.1 percent after an initial dip to three-year lows, paring about...
Ukrainian-owned investment firm, East Prospect Fund (EPF), has warned its proposed USD68.6 million injection into Air Armenia (QN, Yerevan) is in jeopardy following an assault on airline CEO and majority 51% shareholder Arsen Avetisyan last week. EPF owns a 49% stake in the Armenian carrier. "We are responsible for the implementation of the investment policy of the company,...
Last year’s ground-breaking investment by Etihad Airways in Alitalia has revitalised Italy’s national airline, and set it on a new course towards sustainable profitability, the President and Chief Executive Officer of Etihad Airways, James Hogan, said today. Mr Hogan was speaking at the Rimini Roundtable Discussion, a prestigious annual event held in the historic Italian town of Rim...
Sberbank Leasing and Irkut Corporation are going to sign a firm contract for delivery of 20 MS-21 aircraft at MAKS-2015 international airshow, a source close to Irkut Corporation reports. He added that the contract might also include an option for another 30 jets of the type. “It is too early to talk about details, but Sberbank Leasing and Irkut Corporation are going to sign a firm contra...
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, has said its Regional Aircraft Group completed delivery of three leased Embraer E195 aircraft to Istanbul based BoraJet Airlines. BoraJet currently operates a fleet of 14 aircraft to 19 destinations in Turkey and surrounding areas.
DHL, the world’s leading global express and logistics company, is continuing to invest in its Americas hub at the Cincinnati/Northern Kentucky International Airport (CVG) to ensure that it will have the capacity needed to meet the demands of future growth generated by international shipping and global trade. In the last seven years, DHL Express has expanded its operations at&nbs...
DUBLIN : Aergo Capital today announced the financing of two new Next-Generation 737-900ER (Extended Range) aircraft for Jakarta based Sriwijaya Air by sale and lease back. This is the first all-new airplane delivery for Sriwijaya Air, Indonesia’s third largest carrier. “We are thrilled to conclude this transaction with Sriwijaya Air and Boeing” said Fred Browne, Chief Exe...
Hong Kong Aviation Capital (HKAC) announces the completion of a new $725 million secured limited-recourse warehouse facility. The facility provides HKAC significant flexibility with 100% blind capacity to finance its future aircraft deliveries or refinance existing aircraft. The facility was oversubscribed and is priced competitively at a margin of 2.00%. The facility was structured b...
umbling share prices. A sell-off in commodity markets. Capital flight from some of the world’s riskier countries. Hints of a looming currency war.Financial markets ended last week in panic mode as fears emerged that the world was about to enter the next phase of the crisis that began eight years ago in August 2007. Back then, the problems began in the developed world – in Ameri...
Political paralysis in the eurozone will force the bloc into permanent turmoil unless countries stop “muddling through” the crisis and take responsibility for reforms, the architect of Europe’s tough budget rules has warned. Olli Rehn, who served as the European Commission’s top economic official at the height of the eurozone crisis, said political rifts between countrie...
18/07/2022 - 22/07/2022
United Kingdom, Farnborough
07/09/2022 - 09/09/2022
United Kingdom, London
Voyager Aviation Holdings signed a purchase agreement with a fellow blue chip aircraft leasing firm for seven young and in-production aircraft, all of which are on long-term leases with stro...
