Norse Atlantic expects first profit in Q3

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AirAsia X intends to exponentially but at the same time prudently further grow capacity as it continues its recovery from the pandemic in Asia. With one exception: China. The carrier plans to grow capacity to China three-fold by the end…

Investment bank Standard Chartered Group will sell its aviation finance leasing business Pembroke to Saudi Arabian lessor AviLease. The acquisition, which is expected to close by the end of the year, includes 120 owned and managed aircraft that are leased to…

International airline lobby organization IATA and the African Airlines Association (AFRAA) will combine resources to drive the Focus Africa initiative. This program aims “to maximize aviation’s contribution to development across the African Continent by better serving passengers and shippers.” Speaking from…