Wizz Air is exploring options to establish a new subsidiary airline in Saudi Arabia. The ultra-low-cost airline has signed a Memorandum of Understanding with the country’s Ministry of Investment to “explore market development opportunities” in de Kingdom of Saudi...
Lufthansa CEO Carsten Spohr said last week that his airline was in discussion with Boeing about the 777X delays and potential new aircraft orders. But already four days later the German carrier has announced how it will bridge the gap until the first 777-9s are...
Another lessor has confirmed an impairment on aircraft that it has been unable to repossess from customers in Russia. Dubai Aerospace Enterprise (DAE) reported a $537.9 million net write-off on nineteen aircraft. DAE takes write-off on Russian fleet too. Originally,...
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