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...Minneapolis-based Castlelake is a specialist lender with a focus on aircraft leasing, providing financing for large airlines including United Airlines and Turkish Airlines that is secured against their planes...
...Airbus, Boeing and engine makers Rolls-Royce, Safran, Pratt & Whitney and General Electric all provide services and sell spare parts....
...The transaction follows a rebound in travel after the end of the coronavirus crisis that led to airlines recording record profits in 2023 and has triggered dealmaking among hospitality businesses....
...It plans to expand flying capacity by 6 to 7 per cent this quarter as it reaps the benefit of a focus on international travel and the push to sell more premium-cabin seats....
...Korean Air won EU approval for its long-awaited merger with Asiana Airlines after agreeing to sell Asiana’s cargo business and divest routes to four European cities in order to ease antitrust concerns....
...But Michael O’Leary, Ryanair chief executive, said the airline “would get there sooner and faster” if the UK cut air passenger duty, a passenger tax on flying....
...Shares of Japan’s second-biggest airline began trading with a glut of sell orders. By the end of the day, however, the price had recovered....
...One airline executive said the tone between Heathrow and its airline customers has been “much more friendly” since Woldbye took over....
...Air Astana did not disclose how much of the company it intended to sell in the IPO....
...“This judgment is nothing short of a wake-up call for highly polluting industries and companies that try to sell the image of commitment to the Paris climate goals without having the plans to get there,”...
...The government reached an agreement in principle in 2021 to sell a 51 per cent stake to the Takatso Consortium — a private grouping led by pan-African infrastructure company Harith....
...On The Beach, which on Wednesday said it continued to sell Ryanair flights, was awarded £2mn by the High Court in London in October after suing over refunds it said the airline had not paid out during the...
...The Greek government has announced plans to sell part of its stake in Athens airport through an initial public offering, as the country enjoys a boom in tourism and the privatisation of state assets is expected...
...However, his stock-based pay will not be realised until he sells the shares, which cannot all be cashed in immediately....
...The airport is limited to 480,000 flights a year, but better infrastructure would allow airlines to cram more passengers through the airport, either through larger planes or filling up their current flights...
...In some cases, airlines may also be asked to sell assets not core to their passenger business to gain clearance....
...When you sell the right to occupy an aisle seat and the chance to fill the bin above it with bags before others arrive, you throw a spanner in the works....
...One of the most prominent companies in Milei’s sights is Aerolíneas Argentinas, the airline renationalised in 2008, which controls about 60 per cent of Argentina’s domestic market and is the sole airline...
...Lufthansa: Shares in the German airline slipped 1.4 per cent after brokers at Citigroup cut their target price for the company and lowered its rating to sell from neutral....
...His comments follow strong words from bosses at rivals United Airlines and Alaska Airlines. The comments illustrate the growing frustration in the airline industry with Boeing. 5....
...Plus, JetBlue will pay rival budget US airline Spirit $69mn as part of the agreement to terminate a proposed $3.8bn takeover....
...The upgrade allows the country to once again add new flights and routes to the US, and for US airlines to sell tickets on Mexican-operated flights....
...Spirit is also exploring whether to sell its operations in Belfast, in Northern Ireland, The Wall Street Journal reported....
...Four big carriers — American Airlines, United Airlines, Delta Air Lines and Southwest Airlines — together control about 80 per cent of the market....
...The investigation is focusing on Ryanair’s efforts to sell non-aviation services on its booking platform, the watchdog said in a statement on Wednesday....
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