WFS appoints Senior Vice President, Group Commercial Business Development & Strategy
Worldwide Flight Services (WFS) has appointed Mohammed Esa as Senior Vice President, Group Commercial Business Development & Strategy.
SoftBank-owned Fortress weighs sale of U.K. jet lessor Falko
Fortress Investment Group LLC, owned by SoftBank Group Corp., is exploring a sale of British plane-leasing firm Falko Regional Aircraft Ltd., according to people familiar…
Atlas Air and Flexport expand partnership
Add third Boeing 747 freighter
cargo-partner expands its comprehensive charter program by adding yet another connection to the US
In addition to its numerous charter connections between Asia and Europe, the international logistics provider has added a new charter service between Vienna and Chicago.…
Aircraft leasing industry outlines pathway to net zero by 2050
The airline industry needs aggressive action if it is to meet its emissions reduction targets by 2050, according to a trade group that represents some…
Ridgewood Infrastructure announces acquisition of APP Jet Center
Ridgewood Infrastructure LLC ("Ridgewood"), a leading infrastructure investor in the U.S., today announced the acquisition of APP Jet Center, a fixed–base operator ("FBO") that owns…
CK Asset exits aircraft leasing business with $4.28 billion sale
CK Asset Holdings Ltd. said it’s exiting the aircraft-leasing sector due to a “paradigm shift” caused by the coronavirus pandemic, selling two indirect wholly-owned subsidiaries…
Wildberries and AirBridgeCargo Airlines launch regular air charter services to the Russian Far East
The largest marketplace in Russia, Wildberries, starts using air charter services for delivery of its orders.
Nordic Aviation prepares bankruptcy to give creditors control
Nordic Aviation Capital AS is planning to file for Chapter 11 bankruptcy this month to carry out its restructuring plan, according to people with knowledge…
Record quarter for Air Charter Service with almost 1,500 cargo operations
Air Charter Service has recorded its busiest ever quarter for its cargo division, with 1,445 cargo charters in the period August to October.
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