A Florida judge on Wednesday refused to pause Carlyle Aviation Partners' coverage suit for $700 million worth of aeroplanes reappropriated by Russian airlines after the Ukraine war began, reports ...

Turkey’s Pegasus Airlines has financed a new and final Airbus A321neo delivery through a commercial loan supported by Itasca insurance. Itasca MGA acted as insurer agent in the transaction.

Turkey’s Pegasus Airlines has financed a new and final Airbus A321neo delivery through a commercial loan supported by Itasca insurance. Itasca MGA acted as insurer agent in the transaction.

Wizz Air Holdings returned to profitability in the 2024 financial year, ending 31 March. Th group posted a $365.9 million ($395.2 million) net profit for the period reversing a $535.1 million net loss ...

“Patrick is well regarded as one of the aerospace industry’s leading strategic operators,” said GE Aerospace chairman and CEO Lawrence Culp, Jr.

Wizz Air Holdings is extending the lease of 11 additional Airbus A321 aircraft in addition to the 13 extensions it completed during the financial year, ending 31 March 2024. The lease extensions range ...

Kuwaiti lessor Alafco finished the first half of its financial year with operating lease revenue of KWD19.4 million ($63.2 million), an increase of 14% compared with the first half of 2023. Net loss ...

Harold Kugelman has joined Banc of California as managing director – commercial aviation, based in Chicago. Kugelman was at Pacific Western Bank since November 2013 as managing director, according to ...

Turkish Airlines posted a net profit of $226 million for the first quarter, with revenue climbing 10% to $4.76 billion, thanks partly to solid cargo sales. This is compared with a $233 million net ...

Yogesh Farswani has joined operating lessor BOC Aviation has head of engines. Farswani has spent his career at Pratt & Whitney and United Technologies. He first joined United Technologies in 1996 as ...