Avolon, a Dublin-based global aviation finance company, has announced positive third-quarter results with net income of $120 million, a 24% increase compared to the same period last year, and lease...
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UK Chancellor Rachel Reeves has announced planned increases to Air Passenger Duty (APD) in the Autumn Budget. Citing the need to adjust for inflation and address the relative under-taxation of...
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US low-fare carrier JetBlue Airways Corporation has announced positive revenue results for the third quarter of 2024, exceeding expectations and putting it on course for achieving full-year targets. Joanna Geraghty,...
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APOC Aviation, a specialist in aircraft engines, landing gear, and used serviceable material trading and leasing, today [16 October] announced a “significant multi-faceted” financing agreement with Deutsche Bank AG. The...
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Jazeera Airways has posted its second quarter and mid-year 2024 results, reporting exceptional growth across the board despite difficulties such as flooding at Dubai Airport. “We are pleased to share...
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Icelandic low-fare operator PLAY Airlines has announced its Q2 financial results, which were positive despite a noticeable decline in tourists entering the country. Einar Örn Ólafsson, CEO of PLAY, said,...
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Delta Air Lines has posted a record-breaking Q2 operating revenue of US$15.4 billion, roughly 5% higher than Q2 2023, but saw its net income decline by 29%. Despite the boost...
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Southwest’s CEO, Bob Jordan, has refused to step down amidst a call for his resignation from leading investor Elliot Investment Management. On 10 June, activist investor Elliot Investor Management sent...
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Airframe OEM Boeing has posted a US$355 million net loss in its first-quarter results. The manufacturer is beset by ongoing investigations and a slowdown in production of its 737 MAX...
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Regional aircraft lessor TrueNoord has secured a new Term Loan with Deutsche Bank. The financing will support the lessor’s ongoing business growth and fleet expansion and see TrueNoord welcome Deutsche...
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