Glasgow Prestwick Airport

Delta | June 26, 2020

Delta’s CEO has joined other airline bosses in tempering expectations of a fast rebound in flights. Delta has added flights over the summer after hitting record capacity lows earlier this year. But the airline thinks the recent additions are about as much as the market can absorb. ...

Buying Business Travel | February 18, 2020

The global airline industry has seen a 106 per cent increase in revenue earned from the sale of ‘a la carte’ ancillary services since 2015, rising to US$75.6 billion in 2019. Europe – commonly referred to as the ‘birthplace’ of airline a la carte revenue – continues to lead the global charts, with carriers based across the region and Russia taking in US$31.5 billion in 2019, an increase of 122 per cent, according to research by IdeaWorksCompany and CarTrawler....

Bamboo | September 29, 2020

Vietnam’s Bamboo Airways has begun flight operations with its Embraer E195 aircraft. The aircraft are being wet-leased from Denmark’s Great Dane Airlines. However, they do wear Bamboo Airways’ livery. Since its launch last year, Bamboo Airways has been making waves within the Vietnamese aviation industry. Before the current situation, the airline has been building up its domestic network. Earlier this year, the planned launch of European flights was forced to be delayed ...

BUSINESS AVIATION

Castlelake | September 30, 2021

Castlelake, L.P., a global alternative investment firm and experienced leader in aircraft investing, leasing and servicing, today announced the creation of Castlelake Aviation Limited ("CA"), a corporate lessor of commercial aircraft that will finance a portfolio of modern, young, fuel-efficient aircraft. We are thrilled to create Castlelake Aviation Limited, which is an exciting and natural next step in the evolution of our industry leading aviation financ...