Finance news

Latest Finance news

Privatized stake in Russian Helicopters may be increased — minister

Russia's UAC and China's Comac Work on Budget for New Widebody Program

The proposed Chinese-Russian widebody airliner will require investment of between $13 billion and $20 billion. Confirming the outline program budget at last week’s Farnborough International Airshow, Yuri Slyusar, president of Russia’s United Aircraft Corporation, said that the final amou...

CALC Closes First Ever JOLCO

China Aircraft Leasing Group Holdings Limited (“CALC” or the “Group”, stock code: 01848.HK), the largest independent operating aircraft lessor in China, has closed its first Japanese Operating Lease with a Call Option (“JOLCO”) financing related to two new Airbus...

Wizz Air Holding: Record Q1 Profitability On 18% Passenger Growth

Wizz Air Holdings Plc (“Wizz Air” or “the Company”), the largest low-cost airline in Central and Eastern Europe1, today issues an unaudited interim management statement for the three months to 30 June 2016 (“first quarter”, “Q1” or “Q1 F17”). RECORD Q1 PROFITABILITY AND STRONG BALANCE SHEET  Total revenu...

Edge of remarketing: are Chinese lessors ready for the upcoming wave of second leases?

The recent Farnborough 2016 airshow has brought over $120 billion-worth of orders. In their pursuit to operate the latest aircraft models, Asian customers, to no one’s surprise, are leading the order books. But the upcoming delivery of hundreds of new aircraft will inevitably force market players to find new owners and lessors for the aging fleet. With still rather moderate experience in air...

European Aviation can still be profitable - EESC calls for investment, integration & social dialogue

The overarching goal of the EU Aviation Strategy should be to create a climate which encourages European investors to invest in the aviation sector, according to the EESC – the EU institution representing civil society. In its opinion entitled Aviation Package I, the European Economic and Social Committee (EESC) calls for European investment to follow that of other governments a...

Viking and Longview Aviation Asset Management to Provide New Lease & Financing Options

Viking Air Limited (“Viking”), a global leader of utility aircraft, support and services and manufacturer of the world-renowned Twin Otter, and Longview Aviation Asset Management, today announced a new relationship that will provide customers for both new-build and used Twin Otter aircraft with new financing alternatives and additional flexibility when considering their aircraft needs....

Rolls-Royce to Buy Remainder of Engine Components Business

Rolls-Royce Holdings Plc said it has agreed to buy the stake it doesn’t already own in Industria de Turbo Propulsores SA for 720 million euros ($795 million) to strengthen its position in the service market for its largest engines that power Airbus and Boeing jets. The U.K. manufacturer is buying the remaining 53.1 percent from Sener Grupo de Ingeniería SA, which exercised a put op...

A$1.2bn QantasLink Contract Extension awarded

Cobham has signed a contract to extend its current QantasLink contract for the provision of airline services through to the end of 2026. Cobham announced today that it has been awarded a 10 year, A$ 1.2 billion contract to continue provision of airline services to QantasLink, supporting their fleet of 20 Boeing 717 aircraft to the end of 2026. The Cobham-Qantas partnership commenced in 1991...

Norsk Titanium Announces Close of $25 Million Funding Round

Norsk Titanium AS, the world’s pioneering supplier of aerospace-grade, additive manufactured, structural titanium components today announced the successful close of its Q2 2016 funding round. Minneapolis-based investment bank Piper Jaffray led the round for Norsk Titanium to secure investment from institutional and strategic investors to provide financing for a rapidly expanding customer...

Aircastle Announces New $400 Million Term Financing

Aircastle Limited (the “Company” or “Aircastle”) announced that it entered into a new $400.5 million term facility secured by 17 aircraft. The facility has a maturity of seven years and includes an accordion feature allowing for $67.5 million in additional future funding. Funding of the facility will take place through several draw-downs, with the first one, for $167.3...

Air Traffic Control strikes cost up to €9.5 billion of European Union’s GDP

A4E has released a new study on the economic impact of Air Traffic Control (ATC) strikes in Europe during its first “CEO Summit on Air Mobility and Prosperity” in Brussel, today. The analysis compiled by PwC reveals that between 2010-15 the overall impact of ATC strikes reduced European UnionGDP up to €9.5 billion (at 2015 prices). Unless the situation is tackled, t...

Waypoint places two Sikorsky S-92 helicopters

Waypoint Leasing has placed two new Sikorsky S-92s on lease with a global helicopter operator. “Despite a period of weak demand for oil and gas globally, and a recent shift in the market for heavy aircraft, we are receiving numerous inquiries.” Clark McGinn, Waypoint’s senior vice president of Sales & Relationship Management said: “Despite a period of weak demand...

Lufthansa CEO Sees "Manageable" Brexit Impact -- So Why Did American Air Shares Fall 11%?

Shares in the big three U.S. airlines fell sharply Friday, as investors worried that the impact of Brexit would be damaging to international airlines that serve Great Britain. However, the CEO of Lufthansa Group has told employees that the impact of Brexit will be limited, according to the Twitter TWTR -3.52% site @LufthansaFlyer, which follows the company. Lufthansa Group owns Lufthansa, SWISS...

EU referendum - PwC comments on potential consequences for the airline industry

Ben Paul, PwC partner and airline industry leader, said: 　 “The decision to leave the EU has profound implications for our aviation industry, with issues ranging from access to the single aviation market to sector financing and infrastructure investment. 　 “Leaving the EU has wider implications than just access to the European market. EU-level air services agreements with count...

Upcoming events

SAF Global Summit 2026

22/09/2026 - 23/09/2026
United Kingdom, London

NBAA Business Aviation Convention & Exhibition 2026

20/10/2026 - 22/10/2026
United States, Las Vegas