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Air France-KLM in talks with Apollo over engine sale deal

Air France-KLM in talks with Apollo over engine sale deal

by Richard Schuurman | May 23, 2022 | Airlines | 0 comments

Air France-KLM intends to sell part of the equity of Air France Engineering & Maintenance to Apollo Global Management, a New York-based asset management company. The negotiations are for a number of spare engines that are owned by the AF affiliate. Air France-KLM...
South Africa’s Comair and Kulula grounded over safety issues

South Africa’s Comair and Kulula grounded over safety issues

by admin | Mar 13, 2022 | Airlines | 0 comments

UPDATE – For its failure to comply with safety, South Africa’s Civil Aviation Authority has come hard on Comair’s operations by indefinitely grounding the entire carrier’s fleet. Thousands of passengers were left stranded and irate after the aviation...
Avolon thinks the worst is over for the industry

Avolon thinks the worst is over for the industry

by Richard Schuurman | Feb 10, 2022 | Aerospace, Avolon, Lessors | 0 comments

Lessor Avolon thinks that the airline industry has reached an inflection point and is now in the re-build phase to sustained profitability. The company returned to profitability in 2021, reporting a $47 million net profit on February 8. Avolon thinks the worst is over...
Indonesia suspects corruption Garuda over ATR lease deals

Indonesia suspects corruption Garuda over ATR lease deals

by Richard Schuurman | Jan 13, 2022 | Airlines | 0 comments

The Indonesian Ministry of State-Owned Enterprises is investigating corruption with aircraft lease contracts and procurements at Garuda Indonesia. The investigation initially focuses on the purchase of Garuda’s thirteen ATR 72-600s, but the ministry suspects the...
Legal case Air Astana and Embraer over the E2 still pending

Legal case Air Astana and Embraer over the E2 still pending

by Richard Schuurman | Jan 10, 2022 | Airlines, Embraer | 0 comments

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