Dubai Aerospace Enterprise (DAE) has posted a sharp rise in profits and revenues for the first half of 2025, underpinned by a major acquisition and strong operational performance. The Dubai-based aircraft leasing giant reported pre-tax profits of US$506.8 million for the three months ending 30 Ju...

Emirates has launched two new Airbus A350 routes connecting India with Dubai. The aircraft will fly daily to Mumbai and Ahmedabad - now totalling five destinations globally. Emirates' A350 network includes services to Edinburgh, Kuwait and Bahrain. The airline said that its roll out of the ...

American currently makes high-speed connectivity available on 900 aircraft across its fleet – the most in the industry. Beginning in 2024, the carrier intends to continue that lead by bringing the availability of high-speed internet connectivity to nearly 500 dual-class regional aircraft. E...

The UK aviation sector is in "good health" after a "recording breaking" first half of 2023 as the number of aircraft orders and deliveries has remained stable, according to a new report. ADS Group, a trade association covering aerospace, defence and security, has published a new report praising t...

India-based domestic commuter airline Spirit Air has signed a Letter of Intent for the purchase of 6 factory new BN2T-4S turboprop Islander aircraft from UK aircraft manufacturer, Britten-Norman.  The BN2T-4S Islander is powered by twin Rolls Royce (Allison) Model 250 turboprop engines and benefit...

- Aircraft valued at over $4 billion at current list price - Delivery scheduled between 2027 and 2030 Avolon, the international aircraft leasing company, announces a commitment to order 40 Boeing 737 MAX aircraft. The aircraft are scheduled for delivery between 2027 and 2030; and are valued at o...

Narrowbody values have shown a decline, with aged aircraft reducing by up to 3.15% and the youngest Narrowbodies showing minimal movement from last week. Widebodies have shown interesting changes this week with older, out of production aircraft seeing minor uplifts in values, up to 2.22% on the 777-...

On December 2, 2022, the Latvian national airline airBaltic welcomed its 37th and 38th Airbus A220-300 jets, registered as YL-ABK and YL-ABL, in Riga. These are the fifth and the sixth of eight planned Airbus A220-300 aircraft deliveries for airBaltic in 2022. They are a part of the 50 Airbus A220-3...

Toronto, ON – November 22, 2022 (CNW) – Swoop, Canada’s leading ultra-low-cost carrier (ULCC), is celebrating the entry into service of its sixth new Boeing 737 MAX 8 aircraft with WO flight 360 from Toronto to Halifax. In just under ten months, Swoop has added six new Boeing 737 MAX 8 aircraf...

The atmosphere at Farnborough International Airshow (FIA) this Monday was one of anticipation and excitement. The first Farnborough Airshow since the pandemic was a very welcome return for the aviation industry and aerospace enthusiasts. 1,500 exhibitors from over 96 countries flooded through the g...

Boeing [NYSE: BA] today released its annual Sustainability Report, which further defines the company's sustainability goals and includes key metrics to measure progress of core enterprise priorities. This includes employee safety and well-being; global aerospace safety; equity, diversity and inclusi...

Hong Kong International Airport (HKIA) conducted an aircraft crash and rescue exercise today, in preparation for the commissioning of the Third Runway this year. Conducted in accordance with aerodrome licensing requirement, the exercise aimed to provide Airport Authority Hong Kong (AAHK) and the ...

Independent aircraft investment manager partners with established asset management group to target $800 million in aircraft assets 2 November 2021 - ABL Aviation, the global independent aircraft investment management firm, today announced that it has established a joint venture with Ellington Man...

Air Belgium announces an agreement with Airbus for the delivery of two new A330-900 aircraft starting this autumn 2021. These new aircraft will gradually replace two Air Belgium A340s. The first A330neo will fly every Tuesday and Friday from Brussels Airport to Mauritius as of 15 October 2021....

Dubai Aerospace Enterprise (DAE) Ltd announced today that its leasing division DAE Capital recently signed agreements to sell nine narrow and wide body aircraft with a total market value of approximately US$500 million. The aircraft sales are all expected to close in 2021. Firoz Tarapore, Chie...