The Russian government is reportedly considering a transfer of GTLK (State Transport Leasing Company) to VEB.RF, the national development corporation. Currently, GTLK is jointly owned by the country’s Ministry of Transport and Ministry of Finance.
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American Airlines (US) has announced the departure of its Chief Legal Officer, Priya Aiyar, who is leaving the company to take on a similar role outside the aviation industry. In the interim, Bruce Wark will assume the position of Chief Legal Officer, ensuring continuity in leadership within the airline’s legal department.
Rex Group (Australia) has officially commenced a sale and/or recapitalization process, following its recent financial difficulties. EY Australia, the appointed administrator, is overseeing the restructuring, aiming to secure the airline’s future through a potential sale or new capital injection.
Boeing is set to meet with Nigeria’s Minister of Aviation, Festus Keyamo, in January 2025 in Dublin to explore options for supporting Nigeria’s domestic airline sector through tailored aircraft leasing solutions. With the country’s air travel demand steadily rising, this collaboration aims to provide Nigerian carriers with improved access to modern fleets, essential for efficiency…
International Airlines Group (IAG), headquartered in the UK, has reaffirmed its commitment to its stake in Air Europa, Spain’s prominent airline. The group announced its decision to participate in Air Europa’s capital increase, contributing $16.8 million to the initiative. This move ensures that IAG retains its 20% ownership in the airline, solidifying its strategic position in the Spanish and broader…
Ilyushin Finance Co. (IFC), a prominent aircraft leasing company in Russia, has officially transitioned under the control of Avia Capital Services, another leasing entity managed by Rostec, the Russian state corporation. This strategic move consolidates Rostec’s influence in the aviation leasing market, streamlining operations within its ecosystem.
Eastern Airlines Technic of China and Thales, based in France, have renewed their Partnership Agreement, ensuring avionics maintenance and repair services for the China Eastern fleet through 2029. This extended partnership will see Thales providing comprehensive maintenance for its avionics systems installed across China Eastern’s A320, A330, and B737 fleets. The long-term commitment underlines the close collaboration between Thales and Eastern Airlines Technic, emphasizing the…
American Airlines (US) has announced the departure of its Chief Legal Officer, Priya Aiyar, who is leaving the company to take on a similar role outside the aviation industry. In the interim, Bruce Wark will assume the position of Chief Legal Officer, ensuring continuity in leadership within the airline’s legal department.
Rex Group (Australia) has officially commenced a sale and/or recapitalization process, following its recent financial difficulties. EY Australia, the appointed administrator, is overseeing the restructuring, aiming to secure the airline’s future through a potential sale or new capital injection.
Boeing is set to meet with Nigeria’s Minister of Aviation, Festus Keyamo, in January 2025 in Dublin to explore options for supporting Nigeria’s domestic airline sector through tailored aircraft leasing solutions. With the country’s air travel demand steadily rising, this collaboration aims to provide Nigerian carriers with improved access to modern fleets, essential for efficiency…
International Airlines Group (IAG), headquartered in the UK, has reaffirmed its commitment to its stake in Air Europa, Spain’s prominent airline. The group announced its decision to participate in Air Europa’s capital increase, contributing $16.8 million to the initiative. This move ensures that IAG retains its 20% ownership in the airline, solidifying its strategic position in the Spanish and broader…
Ilyushin Finance Co. (IFC), a prominent aircraft leasing company in Russia, has officially transitioned under the control of Avia Capital Services, another leasing entity managed by Rostec, the Russian state corporation. This strategic move consolidates Rostec’s influence in the aviation leasing market, streamlining operations within its ecosystem.
Eastern Airlines Technic of China and Thales, based in France, have renewed their Partnership Agreement, ensuring avionics maintenance and repair services for the China Eastern fleet through 2029. This extended partnership will see Thales providing comprehensive maintenance for its avionics systems installed across China Eastern’s A320, A330, and B737 fleets. The long-term commitment underlines the close collaboration between Thales and Eastern Airlines Technic, emphasizing the…
American Airlines (US) has announced the departure of its Chief Legal Officer, Priya Aiyar, who is leaving the company to take on a similar role outside the aviation industry. In the interim, Bruce Wark will assume the position of Chief Legal Officer, ensuring continuity in leadership within the airline’s legal department.
Rex Group (Australia) has officially commenced a sale and/or recapitalization process, following its recent financial difficulties. EY Australia, the appointed administrator, is overseeing the restructuring, aiming to secure the airline’s future through a potential sale or new capital injection.
Boeing is set to meet with Nigeria’s Minister of Aviation, Festus Keyamo, in January 2025 in Dublin to explore options for supporting Nigeria’s domestic airline sector through tailored aircraft leasing solutions. With the country’s air travel demand steadily rising, this collaboration aims to provide Nigerian carriers with improved access to modern fleets, essential for efficiency…
International Airlines Group (IAG), headquartered in the UK, has reaffirmed its commitment to its stake in Air Europa, Spain’s prominent airline. The group announced its decision to participate in Air Europa’s capital increase, contributing $16.8 million to the initiative. This move ensures that IAG retains its 20% ownership in the airline, solidifying its strategic position in the Spanish and broader…
Ilyushin Finance Co. (IFC), a prominent aircraft leasing company in Russia, has officially transitioned under the control of Avia Capital Services, another leasing entity managed by Rostec, the Russian state corporation. This strategic move consolidates Rostec’s influence in the aviation leasing market, streamlining operations within its ecosystem.
Eastern Airlines Technic of China and Thales, based in France, have renewed their Partnership Agreement, ensuring avionics maintenance and repair services for the China Eastern fleet through 2029. This extended partnership will see Thales providing comprehensive maintenance for its avionics systems installed across China Eastern’s A320, A330, and B737 fleets. The long-term commitment underlines the close collaboration between Thales and Eastern Airlines Technic, emphasizing the…
