Castlelake Confirms Interest In easyJet

UPDATE JUNE 1 – “Alternative investment firm” Castlelake has confirmed that it is in the early stages of considering a possible offer on UK low-cost airline easyJet. It responds to “recent speculation”, it said in a statement on Friday. The…
IATA: Global Demand Down 3.4 Percent in April

IATA passenger traffic figures for April make clear the impact of the war in the Middle East and Iran on the industry. On average, demand fell by 3.4 per cent year-over-year, with the biggest drop in the region most affected:…
Boeing Cleared For Rate Increase to 47/Month

Boeing has received clearance from the FAA to ramp up MAX production to 47 aircraft per month. The new rate will be implemented anytime soon, President and Group CEO Kelly Ortberg said on Wednesday at the Bernstein Annual Strategic Decision…
Saudia Rightsizes Network With A321XLRs

Looking at the eight destinations that Saudia Airlines has announced for its freshly delivered Airbus A321XLRs, something is interesting: not a single one is new to the schedule. But that is exactly the plan of the Jeddah-based carrier, which intends…
Early-retiring A319s Saves easyJet £250 Million

