The Irish High Court has issued a temporary suspension on the Irish Aviation Authority‘s (IAA) decision to impose a passenger seat cap at Dublin Airport for the upcoming 2025 summer season. This seat cap, aimed at limiting airport traffic, was challenged by major airlines, including Ryanair and Aer Lingus, who argued that it would negatively…
Fitch Ratings has revised its outlook on United Airlines, moving it from Stable to Positive, while affirming the airline’s Long-Term Issuer Default Rating (IDR) at ‘BB-’. This change reflects Fitch’s confidence in United Airlines’ improved financial stability and growth prospects, as the airline continues to recover post-pandemic and strengthen its market position in the competitive…
IAT Leasing, an Ireland-based aircraft leasing company, has announced the acquisition of a 2006 Airbus A330-300, which is currently leased to Irish flag carrier Aer Lingus. This transaction was facilitated by Castlelake, a U.S.-based investment firm, on behalf of one of its American investor partners. This acquisition reflects IAT Leasing’s commitment to expanding its fleet…
Aer Lingus has announced it will ground one of its Airbus A330 aircraft and scale back the usage of three A320s as the airline contends with the dual pressures of Dublin Airport’s passenger cap and declining profitability.
