British Airways CEO Sean Doyle has sold 650,000 shares in the airline’s parent company, International Airlines Group (IAG), generating proceeds of approximately $2.8 million. The sale was disclosed through regulatory filings and reflects a significant personal divestment at a time when airline stock prices remain under scrutiny by investors.
Pakistan International Airlines (PIA) is pursuing the lease of its two London Heathrow slots to Saudia for operations in 2025. This decision follows PIA’s continued suspension by EASA, preventing the carrier from flying into the European Union and the United Kingdom.
Deucalion Aviation closed out 2024 with an impressive portfolio of 75 transactions, reflecting a total value of over $1 billion. The UK-based aviation asset manager demonstrated its industry leadership through a mix of activities, including 33 aircraft sales and leases and 35 end-of-life aircraft sale/lease transactions. These efforts emphasize Deucalion’s capability to handle the full spectrum of aircraft life cycles, from…
Amedeo Air Four Plus (UK) has received notice from Emirates (UAE) regarding the upcoming redelivery of its A380, serial 157. Emirates has opted to return the aircraft in a “half-life” condition instead of the full-life standard. Additionally, a cash sum will accompany the aircraft’s return as part of the agreement. The lease for this A380 is set to expire on 04…
Global Airlines (UK) has successfully completed the first engine tests on its sole A380 aircraft, bearing serial number 120. The tests were conducted at the EFW (Elbe Flugzeugwerke) facilities in Dresden, Germany. While the airline had initially planned to launch operations in 2025, the exact start date remains pending as the company continues its preparations.
