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Airbus gets post-Farnborough order from Condor for A320neo family aircraft

UPDATE August 16 - German leisure airline Condor has announced an order for 41 Airbus A320neo family aircraft on July 25. The order comes just days after the Farnborough Airshow, from which Airbus returned home with three orders for ‘just’ 85 aircraft. The Condor...

American Airlines selects and prepays Boom Overture

American Airlines has placed an order with Boom Supersonic for twenty Overture supersonic transport (SST) aircraft, with an option on another forty. The carrier has also paid a non-refundable deposit on the first twenty aircraft, the two companies announced on August...

IAG swaps Air Europa loan for a 20 percent stake

International Airlines Group (IAG) has exercised its option to convert a €100 million loan to Spanish carrier Air Europa into a twenty percent share, it announced on August 16 in a regulatory filing. This means that IAG has finally got a foot in the door with the...

A complex quarter for Brazilian airlines

Azul Linhas Aéreas, GOL Linhas Aéreas, and LATAM had a difficult first half of the year, fueled by a complex quarter for the Brazilian airlines due to rising costs, currency volatility, and economic uncertainty. Nonetheless, they also found hope in the strong domestic...