50 SKY SHADES - World aviation news

Finance news

Featured by MySky

Latest Finance news

The world‘s largest insurance and finance group Ping An – a new strategic partner for AviaAM Financial Leasing China

AviaAM Leasing, a global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, has announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China Co., Ltd. – has gained a new stra...

Air Astana demonstrates strong traffic and revenue growth in the first half of 2018

Air Astana recorded a 10% increase in passenger traffic and a 17% uptick in revenues in the first half of the year compared with the corresponding period of 2017. Between January and June 2018, the airline carried more than two million passengers.  The traffic growth was driven by the strong...


Strategies to Support Sustained Airline Financial Health

The International Air Transport Association (IATA) announced that the 2018 World Financial Symposium(WFS) will feature a strong focus on partnership strategies to accelerate delivery of transformation supporting sustained airline financial health.  2018 will mark the ninth consecutive year of industry profits and the fourth year in which airlines will make an aggregate return exceedin...

Ryanair Announces $200m Investment In London Luton With 2 New Based Aircraft

Ryanair, Europe’s No.1 airline announced an investment of $200 million at London Luton airport with 2 new based aircraft (6 aircraft in total) for its winter 2018 schedule and added 6 new routes to Alicante, Athens, Barcelona, Bologna, Cork and Malaga and more flights on its existing Vilnius route. Ryanair’s winter 2018 London Luton schedule will now deliver a total of 21 routes w...

AviaAM Leasing sold two Airbus A321 to new lessor

AviaAM Leasing, global aviation holding company engaged in commercial aircraft acquisition, leasing, and sales, has announced the sale of two Airbus A321-211 aircraft with lease attached. Both aircraft are being operated by Montreal based Canadian low-cost leisure airline Air Transat. The aircraft was delivered to the new lessor on the 14th of August, 2018.   “We were delighted...

Africa – The Continent of New Opportunity for Emerging Airlines

The African commercial air travel market represents massive amounts of untouched opportunity for new airlines. According to the data from IATA, Africa is home to 16% of the world’s population but it accounts for only 2.20% of the global air service market. With a clear need for air travel and a demand for more quality airlines, the African continent is emerging from under the radar and makin...

Boeing HorizonX Ventures Invests in High-Speed Metal 3D Printing Company Digital Alloys

Patented multi-metal additive manufacturing system enables rapid, low-cost production of aerospace-quality 3D-printed parts Boeing announced its investment in Digital Alloys, Inc., a Burlington, Mass.-based company developing high-speed, multi-metal additive manufacturing systems that produce 3D-printed parts for aerospace and other production applications.  Digital Alloys'...

Embraer earnings results 2nd quarter 2018

In 2Q18, Embraer delivered 28 commercial and 20 executive (15 light and 5 large) jets, compared to the 35 commercial and 24 executive (16 light and 8 large) jets in 2Q17; . The Company‟s firm order backlog was US$ 17.4 billion at the end of 2Q18, including contracts of the Services & Support segment; . Reported EBIT and EBITDA1 in 2Q18 were US$ (17.7) million and US$ 44.1 million,...

Lithuanian Joint Venture Sees Unprecedented Growth in China

The largest Lithuanian investor in the People‘s Republic of China – AviaAM Leasing – has added a 14th brand new aircraft to the portfolio of its Joint Venture, AviaAM Financial Leasing China. The aircraft brings the value of the Joint Venture’s portfolio to USD 835 million. AviaAM Financial Leasing China was established, in August 2016, as a joint venture between the Hen...

Aircraft to Support the Carrier’s Fleet Expansion and Domestic Growth

CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced the agreement with a Russian carrier, Nordwind Airlines (“Nordwind”), for a long-term lease of three Boeing 737-800 aircraft from the lessor’s order book with Boeing. The first 737-800 was d...

airBaltic Shows Record Revenue in H1 2018

The Latvian airline airBaltic has concluded the first half year of 2018 with a total revenue of 180.8 million euros, which is a 19% increase over the same period last year. At the same time airBaltic has carried 1.9 million passengers, an increase of 20%, and performed 13% more flights during the six months of 2018. Martin Gauss, Chief Executive Officer of airBaltic: “For the last few yea...

Piper's Growth Accelerates Q2 2018 Deliveries 65% Higher than Q2 2017

Piper Aircraft, Inc. announced its results for the second quarter of 2018, ending June 30. The company posted Q2 2018 aircraft revenue of $62.3M on 53 deliveries versus $52.1M revenue on 32 aircraft deliveries in 2017.  Piper's growth in both aircraft deliveries and revenue was aided across all segments during the period with M-Class deliveries growing 11% and Trainer class delive...

Boeing, Jackson Square Aviation Announce Order for 30 737 MAXs

Aircraft lessor reaches major milestone, placing its first direct order from a jet maker Jackson Square Aviation becomes 100th customer of 737 MAX program with order valued at $3.5 billion Boeing and Jackson Square Aviation (JSA) announced the leasing company has ordered 30 737 MAX airplanes in its first direct purchase from a jet maker, reflecting the evolution of the airplane lessor's...

Aircraft Marks Last Delivery of a Fleet of Six Neos to the Flag Carrier

CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced the last delivery of a fleet of six Airbus A320-200neo aircraft to Scandinavia’s largest airline, SAS, as part of a sale and leaseback transaction commenced in March 2017. “We are delighted to con...

Upcoming events

5th Annual China Aviation Training Forum 2019

24/09/2019 - 25/09/2019
China, Sanya City

MEBAA Show Morocco 2019

25/09/2019 - 27/09/2019
Morocco, Marrakech

Essential news

Azul First E195-E2 - a reason to celebrate for Embraer, Azul, AerCap and Pratt & Whitney

September 12 2019 a special ceremony at Embraer main facility in São José dos Campos was dedicated to the delivery of first E195-E2, the biggest of the three members of the E-Jets E...

Top of the week

Welcome to aviation - Valsoft acquired Commsoft OASES

Valsoft announced the acquisition of Commsoft OASES, a leader in the aviation engineering and maintenance software market, based in Tiptree, UK. Founded as a software house in 1971, Communications...

Azul First E195-E2 - a reason to celebrate for Embraer, Azul, AerCap and Pratt & Whitney

September 12 2019 a special ceremony at Embraer main facility in São José dos Campos was dedicated to the delivery of first E195-E2, the biggest of the three members of the E-Jets E...

The expansion of Embraer Eugênio de Melo unit, in São José dos Campos

During the celebration of 50th anniversary, Embraer announced  US$ 30 million investment in the expansion of its Eugênio de Melo unit, in São José dos Campos. Through the construction of new facilitie...

Vietnam Airlines Flies Its First Boeing 787-10 Dreamliner

  Boeing delivered the first of eight 787-10 Dreamliner airplanes to Vietnam Airlines today via lease from Air Lease Corporation . The Vietnamese flag carrier plans to put the 787-10 – t...

To Fill Market Gap, Cougar Acquires Advanced Technology Aircraft

The aviation training market has exploded with airline demand and it is forecast that training over 800,000 pilots worldwide will generate a need for thousands of new planes.That adds up to poten...

ATR 72-600 is selected by TAROM to renew its regional fleet

TAROM,  the Romanian national air carrier, has to renew its regional fleet, to provide increased seat capacity, to low operating costs and improve environmental performance. The choice of pa...

Kroll Bond Rating Agency Assigns Preliminary Ratings to Castlelake Aircraft Securitization Trust 2015-1

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes (the “Notes”) issued by Castlelake Aircraft Securitization Trust 2015-1 (see ratings list below). P...