Geir Karlsen Appointed Interim CEO of Norwegian Air
OSLO (JULY 11, 2019) – After 17 years as the CEO of Norwegian Air Shuttle, Bjørn Kjos will leave the position and continue in a new role as an advisor to the Chairman, with effect…
Category: Finance News
Air China Plans to Buy 20 Airbus A350-900 Aircraft
The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France. BEIJING (Reuters) - Air China, China's flagship carrier, will buy 20 A350-900 jets from Airbus SE worth $6.54 billion based on list…
Air Lease Places Two Airbus A321-200’s With Air Canada
Today Air Lease Corporation (AL) announced the lease and delivery of two Airbus A321-200 aircraft to Air Canada. “We are delighted to announce the lease of these two young A321 aircraft to Air Canada, which…
Fiat Bets On Electric ‘500’ As It Moves On From Renault
FILE PHOTO: A Fiat Chrysler Automobiles sign is seen at the U.S. headquarters in Auburn Hills, Michigan, TURIN, Italy (Reuters) - Fiat Chrysler plans to invest 700 million euros ($788 million) in an electric makeover…
International Defense & Aerospace Group Welcomes MD 530F
Authorized MDHI Sales Agent International Defense & Aerospace Group welcomes the first of up to 3 new, state-of-the-art MD 530F helicopters to be used for tactical and NVG flight training MD Helicopters, Inc. (MDHI) is…
Azores Airlines Takes Delivery of its First A321LR
Azores Airlines, the Azores archipelago-based carrier, has taken delivery of its first of three A321LRs to be leased from Air Lease Corporation “ALC”; NYSE: AL, becoming the latest operator of the long-range single-aisle aircraft. Powered…
Qatar Agrees to Buy U.S. Aircraft, Engines, Defense Equipment
(Bloomberg) -- Qatar has made agreements with U.S. companies to spend billions on airplanes and jet engines and to develop a petrochemical complex, the White House said on Tuesday. At least some of the deals…
New American Airlines, Cathay Dragon Codeshare Agreement
Fort Worth, TEXAS — American Airlines has launched a codeshare agreement with Cathay Dragon, adding service to four new destinations and increased service to three existing markets in Southeast Asia. American will place its code…
Delta to Launch New York to Houston Nonstop service between on state-of-the-art A220 aircraft
Delta is launching its state-of-the-art Airbus A220 aircraft on new flights between New York's JFK International Airport and Houston's Bush Intercontinental Airport this October, with customers enjoying best-in-class service on two daily flights connecting two…
Boeing Deliveries Fall 37%
(Reuters) - Boeing Co said on Tuesday its deliveries fell about 37% to 239 planes in the first half of 2019, hurt by the grounding of its best-selling 737 MAX jets, putting it on track…