Dubai Aerospace Enterprise (DAE), a leading global aircraft leasing company, has announced its business transactions update for the full year 2024, showcasing significant achievements across its operations.
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IBA, a leading aviation consultancy based in the UK, has reported that airline capacity in 2024 has surpassed 2019 pre-pandemic levels across all regions. Key metrics show significant growth, reflecting a robust recovery in global air travel. Available Seat Kilometers (ASKs) rose by an impressive 104%, highlighting a substantial increase in capacity compared to the previous year. Additionally, revenue grew by an average of 23.1% in…
Lithuanian MRO provider FL Technics has set an ambitious goal to reach a $1.1 billion turnover by 2030, nearly tripling its projected revenue for 2024. CEO Zilvinas Lapinskas outlined this growth plan at MRO Europe, focusing on extensive facility expansions across Europe, Asia-Pacific, and Latin America. The strategy includes new and improved maintenance facilities in…
Air Canada, one of the leading airlines in North America, has recently enhanced its fleet with the acquisition of a new Boeing 737-8 aircraft. This jet, which bears the serial number 66478, is powered by LEAP-1B27 engines, known for their fuel efficiency and reduced environmental impact.
China Aircraft Leasing Group Holdings Limited (CALC) has been awarded its first-ever long-term credit rating, achieving an Ag- grade with a stable outlook. This recognition comes from the China Chengxin (Asia Pacific) Credit Ratings Company, a prominent credit assessment agency renowned for evaluating financial institutions in the Asia-Pacific region.
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of AVIC Industry-Finance Holdings Co., Ltd. (AVIC Industry-Finance) at ‘A-‘ and the Short-Term IDR at ‘F1’. Concurrently, Fitch has withdrawn all ratings of AVIC Industry-Finance for commercial reasons. The affirmation reflects AVIC Industry-Finance’s strategic importance to its parent company, Aviation Industry Corporation of China (AVIC),…
Airbus is actively evaluating the potential launch of the A220-500, an extended version of its A220 family, with production plans hinging on reaching a key milestone. According to Joost Van der Heijden, Senior Vice President for Commercial Aircraft Marketing at Airbus, the decision to proceed with the A220-500 will be considered once A220 production achieves…
IBA, a leading aviation consultancy based in the UK, has reported that airline capacity in 2024 has surpassed 2019 pre-pandemic levels across all regions. Key metrics show significant growth, reflecting a robust recovery in global air travel. Available Seat Kilometers (ASKs) rose by an impressive 104%, highlighting a substantial increase in capacity compared to the previous year. Additionally, revenue grew by an average of 23.1% in…
Lithuanian MRO provider FL Technics has set an ambitious goal to reach a $1.1 billion turnover by 2030, nearly tripling its projected revenue for 2024. CEO Zilvinas Lapinskas outlined this growth plan at MRO Europe, focusing on extensive facility expansions across Europe, Asia-Pacific, and Latin America. The strategy includes new and improved maintenance facilities in…
Air Canada, one of the leading airlines in North America, has recently enhanced its fleet with the acquisition of a new Boeing 737-8 aircraft. This jet, which bears the serial number 66478, is powered by LEAP-1B27 engines, known for their fuel efficiency and reduced environmental impact.
China Aircraft Leasing Group Holdings Limited (CALC) has been awarded its first-ever long-term credit rating, achieving an Ag- grade with a stable outlook. This recognition comes from the China Chengxin (Asia Pacific) Credit Ratings Company, a prominent credit assessment agency renowned for evaluating financial institutions in the Asia-Pacific region.
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of AVIC Industry-Finance Holdings Co., Ltd. (AVIC Industry-Finance) at ‘A-‘ and the Short-Term IDR at ‘F1’. Concurrently, Fitch has withdrawn all ratings of AVIC Industry-Finance for commercial reasons. The affirmation reflects AVIC Industry-Finance’s strategic importance to its parent company, Aviation Industry Corporation of China (AVIC),…
Airbus is actively evaluating the potential launch of the A220-500, an extended version of its A220 family, with production plans hinging on reaching a key milestone. According to Joost Van der Heijden, Senior Vice President for Commercial Aircraft Marketing at Airbus, the decision to proceed with the A220-500 will be considered once A220 production achieves…
IBA, a leading aviation consultancy based in the UK, has reported that airline capacity in 2024 has surpassed 2019 pre-pandemic levels across all regions. Key metrics show significant growth, reflecting a robust recovery in global air travel. Available Seat Kilometers (ASKs) rose by an impressive 104%, highlighting a substantial increase in capacity compared to the previous year. Additionally, revenue grew by an average of 23.1% in…
Lithuanian MRO provider FL Technics has set an ambitious goal to reach a $1.1 billion turnover by 2030, nearly tripling its projected revenue for 2024. CEO Zilvinas Lapinskas outlined this growth plan at MRO Europe, focusing on extensive facility expansions across Europe, Asia-Pacific, and Latin America. The strategy includes new and improved maintenance facilities in…
Air Canada, one of the leading airlines in North America, has recently enhanced its fleet with the acquisition of a new Boeing 737-8 aircraft. This jet, which bears the serial number 66478, is powered by LEAP-1B27 engines, known for their fuel efficiency and reduced environmental impact.
China Aircraft Leasing Group Holdings Limited (CALC) has been awarded its first-ever long-term credit rating, achieving an Ag- grade with a stable outlook. This recognition comes from the China Chengxin (Asia Pacific) Credit Ratings Company, a prominent credit assessment agency renowned for evaluating financial institutions in the Asia-Pacific region.
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of AVIC Industry-Finance Holdings Co., Ltd. (AVIC Industry-Finance) at ‘A-‘ and the Short-Term IDR at ‘F1’. Concurrently, Fitch has withdrawn all ratings of AVIC Industry-Finance for commercial reasons. The affirmation reflects AVIC Industry-Finance’s strategic importance to its parent company, Aviation Industry Corporation of China (AVIC),…
Airbus is actively evaluating the potential launch of the A220-500, an extended version of its A220 family, with production plans hinging on reaching a key milestone. According to Joost Van der Heijden, Senior Vice President for Commercial Aircraft Marketing at Airbus, the decision to proceed with the A220-500 will be considered once A220 production achieves…
