In an interesting twist of the company’s history, AirAsia parent company Capital A is selling its airline business AirAsia to AirAsia X, the low-cost long-haul sister airline that was established in 2007. With the proposed transaction, AirAsia should benefit from a better…
UPDATE – Lufthansa Group produced a strong summer quarter, posting an Adjusted operating profit in Q3 of €1.468 billion that sits right in between that of its main competitors IAG and Air France-KLM. The airline confirms its full-year guidance op producing…
Embraer has got itself a new, influential member on board the Energia Advisory Group of sustainable aircraft for the future. American Airlines has signed a Memorandum of Understanding to join the group, which was established last year. “The MoU with Embraer…
Another lessor order confirmation today, this time for Boeing. Aviation Capital Group (ACG) finalized an order for thirteen MAX aircraft, including seven MAX 8s and six MAX 10s, the two companies said on September 5. Boeing nor ACG disclosed further details…
Lessor Dubai Aerospace Enterprise (DAE) is acquiring 64 Boeing MAX aircraft from fellow lessor China Aircraft Leasing Corporation (CALC) holdings. The aircraft are all in CALC’s unfilled orders backlog with Boeing, with deliveries scheduled through 2026. The portfolio includes 66 MAX 8, -9,…
UPDATE – Lufthansa Group has produced a very strong second quarter, with its subsidiaries SWISS, Austrian Airlines, Brussels Airlines, and Lufthansa Technik turning in record-high operating profits. While the parent airline is lagging behind, Lufthansa has raised its guidance for…