Boeing sees a strong commitment to aircraft financing

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Avolon has taken a $304 million impairment on aircraft leased to Russian customers that are now subject to international sanctions. The recognition reduces the carrying value of ten aircraft to zero, the lessor said on May 3 in its Q1 results…

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CORRECTION – Spirit Airlines has rejected an enhanced proposal from JetBlue to take over the ultra-low-cost airline. The Spirit Board of Directors isn’t convinced that the original offer JetBlue made on April 5 nor an updated one on April 29…

The confirmation of the order for twelve Airbus A350-1000s concludes the first planning phase of Qantas for its ultra-long-haul Project Sunrise. The next is the introduction of the type in 2025 and launching the nineteen to twenty-hour flights. So what is…

Qantas is to confirm its long-expected order for the Airbus A350-1000 as part of its Project Sunrise project on May 2. The airline will also finalize the in-principle agreement for the A220 and A321XLR it announced in December. Qantas has…