Cayman Islands Seeks US$183 Million Loan Facility for Cayman Airways Expansion
Please SUBSCRIBE to view the full content.
First month of membership is free!
Similar Posts
Finnair Secures Export Credit Support for 18th A350-900
ByAdmin
Finnair, the national carrier of Finland, has received export credit support exceeding US$105 million to finance its 18th Airbus A350-900. The funding, facilitated by the export credit agencies of Germany, France, and the UK, underscores international confidence in the airline’s operational and financial stability. The aircraft, identified as serial 708, was financed through an arrangement led by Citibank Europe (UK).
Airlines | De Havilland | Delivery | Fleet
Manta Air Takes Delivery Of DHC6-300 Serial 440
ByAdmin
Manta Air (Maldives) has added a DHC6-300 aircraft, serial 440, to its fleet, bolstering its domestic and regional operations. This aircraft is equipped with PT6A-27 engines, renowned for their durability and performance in challenging operational environments.
Airlines | Crisis | Delivery | Flag Carrier | Management
Lufthansa CEO Predicts Supply Chain Disruptions Until 2030
ByAdmin
Lufthansa CEO Carsten Spohr has stated that supply chain disruptions in the aviation industry are likely to persist until the end of the decade. Speaking about the ongoing challenges, Spohr highlighted that aircraft delivery delays remain a significant concern for airlines globally, affecting fleet expansion and modernization plans.
Airlines | Boeing | CFM International | Delivery | Fleet
American Airlines Adds B737-8 Serial 44513 To Fleet
ByAdmin
American Airlines has expanded its narrowbody fleet with the delivery of one Boeing 737-8, identified by serial number 44513. The aircraft is powered by LEAP-1B25 engines, produced by CFM International, representing a continuation of the airline’s modernization efforts within its single-aisle fleet segment.
Asia Aviation’s 3Q 2024 Profit Reaches $100.1 Million with 55% Revenue Growth
ByAdmin
Asia Aviation, the Thai parent company of Thai AirAsia, recorded a strong financial performance in the third quarter of 2024 with a net profit of $100.1 million. This impressive result was fueled by a 55% increase in revenue, reaching $445.3 million. The significant revenue growth reflects Asia Aviation’s successful recovery in the post-pandemic travel environment and the rising demand for air travel…
Norway Sells Entire Stake in Norwegian
ByAdmin
Norway has sold its entire 6.37% stake in Norwegian, a move involving around 65.5 million shares. This decision represents a major step in the Norwegian government’s efforts to reduce its exposure to commercial airline investments and reflects broader shifts in its aviation policy.