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Safran : Very strong results for the first-half 2018 - Full-year 2018 outlook raised significantly

Rotortrade announces solid results for the first half of 2018

The international helicopter dealer and distributor Rotortrade continues its strong growth with 12 deliveries and 9 backlogs across manufacturers, class and mission for the first half of the year. The company has also secured new exclusive mandates for 16 helicopters for the same period. Rototrad...

Laudamotion Announces New 2019 Aircraft, New Livery, New Offices And Pay Rises Following Ryanair 75% Purchase

Laudamotion, Austria’s No. 1 low fare airline, announced that it would double its Airbus fleet from 9 to 18 aircraft in Summer 2019 following the completion of Ryanair’s purchase of 75% shareholding in Laudamotion GmbH from Niki Lauda in August. Laudamotion also announced a serie...

Garmin acquires FltPlan.com, leading electronic flight planning and services provider

Garmin Ltd. announced that it has acquired Flight Plan LLC (FltPlan), a privately held provider of electronic flight planning, scheduling, and trip support services, including the popular website FltPlan.com and mobile application FltPlan Go. FltPlan is one of the largest flight planning companies in the world, creating more than 6.3 million flight plans annually. With 19 years of experien...

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 strategic partner. It is world‘s largest insurance and finance group Ping An Insurance (Group) Com...

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 performance on international passenger traffic that is up 22% compared to the same period in 2017....

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...

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Essential news

Avolon places landmark order for 110 Airbus A320neo and A330neo aircraft

Avolon, one of the world’s leading aviation finance companies, has reinforced its long-term growth strategy with a firm order for 110 Airbus aircraft, including 35 A330-900 widebodies and 75 A32...

Top of the week

Qantas Group strengthens regional network with strategic turboprop fleet investment

Qantas has announced a major investment in its De Havilland Dash 8 turboprop fleet, reinforcing its long-term commitment to maintaining reliable air links across regional Australia. As part...

Embraer reports record US$35.7 billion backlog in Q3 2026, marking a new all-time high

Embraer reported a record backlog of US$35.7 billion in the third quarter of 2026, surpassing its previous all-time high by 3% quarter-over-quarter and increasing 14% compared with the...