Norse Atlantic is preparing for a challenging winter period, with high fuel costs and inflation, and consequently uncertain customer behavior likely to impact results in the coming months. The airline will therefore take a careful approach to its network by…
Lessor BOC Aviation has taken an $804 million write-off in its HY1 results on seventeen of its aircraft that are still in Russia. Because of the one-off impact, BOC ended the first six months with a net loss after tax of…
Singapore-based lessor BOC Aviation has secured long-term delivery slots with Airbus by ordering A320neo family aircraft that will be delivered between 2027 and 2029. With the A320neo family sold out until 2027, BOC has at least safeguarded delivery positions for its…
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Aircraft insurance rates have surged, following the situation with aircraft confiscated and nationalized by the Russian authorities. Robert Martin, managing director and CEO of BOC Aviation, told the CAPA Aviation Leader Summit in Manchester that the effect is already visible short-term…
Norse Atlantic Airways is delaying its first services until June, citing uncertainties in international air travel that have been caused by the war in Ukraine. The Norwegian start-up now plans to launch ticket sales to the US in April, it said…