Industry News

TCP to Provide $10M Facility to Mesa Airlines

Feb 13, 2017 Tennenbaum Capital Partners, LLC certain of its funds have agreed to provide a $100 million engine financing facility to Mesa Air Group, Inc., a leading regional airline. The facility will be used to purchase a portfolio of new General Electric CF34-8C5 engines and will provide Mesa ... Read more

Qatar Airways Launches the World's Longest Flight

Feb 07, 2017 It was a historic moment for Qatar Airways today, as it launched its new record-breaking Auckland service on one of the country’s most significant days of the year – Waitangi Day. As the first Qatar Airways flight touched down on the North Island of New Zealand, ... Read more

AirAsia X Cleared To Fly To The US

Jan 25, 2017 AirAsia X has received clearance from the Federal Aviation Authority (FAA) to fly to the US. The airline is the first Asian low-cost carrier to secure approval to operate scheduled passenger flights to the US. The approval allows AirAsia's long-haul, low-cost sister airline to operate services ... Read more

Flynas orders 60 Airbus A320neo Family aircraft

Jan 23, 2017 Flynas, Saudi Arabia’s leading low-cost carrier, has signed an agreement with Airbus for 60 A320neo Family aircraft. In addition to the 60 aircraft, Flynas has converted 20 A320ceo from a previous order to A320neo bringing the airline’s total firm order to 80 ... Read more

737 Max & 737 Max 8s

Jan 16, 2017  Boeing and SpiceJet announced today a commitment for up to 205 airplanes during an event in New Delhi. Booked at the end of 2016, the announcement includes 100 new 737 MAX 8s, SpiceJet's current order for 42 MAXs, 13 additional 737 MAXs which were previously ... Read more

Jan 09, 2017 Iran Air and Airbus have signed a firm contract for 100 aircraft, building on an initial commitment signed in January 2016 in Paris. The agreement signed by Farhad Parvaresh, Iran Air Chairman and CEO and Fabrice Bregier, Airbus President and CEO, covers 46 A320 Family, ... Read more

Boeing's 737 MAX

Dec 12, 2016  Boeing and Iran Air announced an agreement today for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, valued at $16.6 billion at list prices. Based on its Memorandum of Agreement (MOA) with Iran Air announced in June, the contract ... Read more

Embraer's 1,300th E-jet

Dec 08, 2016 raer reached another milestone today with its E-Jets program - the delivery of the 1,300th aircraft. The E-Jet, an E195, was handed over to China’s Tianjin Airlines in a ceremony at the factory in São José dos Campos. This delivery brings the Tianjin ... Read more

China Southern Airlines

Oct 16, 2016 Boeing and China Southern Airlines today finalized an order of 12 787-9 Dreamliners, valued at $3.2 billion at current list prices. The new order strengthens China Southern's expanding long-haul fleet. "The 787 Dreamliners have helped us to achieve initial success in implementing our internationalization strategy in the past few years and enabled us to make our operation and services more appealing to passengers," said Tan Wangeng, CEO, China Southern Airlines. "The additional new 787-9s will further increase our capacity and services for our long-haul routes." China Southern Airlines,... Read more

Frontier Airlines

Sep 23, 2016 Because Frontier Airlines is a non-publicly-traded carrier (which, for one thing, means it doesn’t have earnings calls), it’s all the more interesting to interview the airline’s CEO Barry Biffle. Of course, we asked about a possible merger with Spirit or a possible IPO.... Read more

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