Peter Barrett interview: SMBC five years on

Peter Barrett interview: SMBC five years on

SMBC Aviation Capital has gone from strength to strength since its acquisition five years ago. Its most recent annual report showed that last year was a great year for the lessor: profit before EBITDA jumped 48%, it completed 111 aircraft

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Airberlin insolvent, Etihad exits

Airberlin insolvent, Etihad exits

Airberlin filed for insolvency yesterday after Etihad withdrew financial backing. It is in talks with partners to acquire parts of its business. Germany’s second largest carrier filed the bankruptcy protection request yesterday at the local court of Berlin-Charlottenburg. Lufthansa and the German

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SAA on the Brink

SAA on the Brink

South African Airways (SAA) is not in a good spot. This past week saw confirmation that the flag carrier is almost bankrupt. The airline has been teetering on the edge of bankruptcy for years. The last seven annual reports revealed

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Qatar pulls out of American

Qatar pulls out of American

Qatar Airways just can’t keep out of the headlines. After revealing its intention to purchase up to 10% of American Airlines stock, it has decided to drop out of the $808 million deal. The Gulf airline released a statement today

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Etihad goes non-profit

Etihad goes non-profit

Everyone knew Gulf airlines were seeing the brunt of low oil prices, terrorism, restrictions from western countries and their own internal diplomatic rows. Couple this with bad investments and impairments, it was obvious that Etihad’s profits would suffer. However, the

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easyJet preps for Brexit, CEO leaves

easyJet preps for Brexit, CEO leaves

All that UK airlines have been talking about is Brexit. And for good reason. If the British government does not strike a good aviation deal with the EU before Brexit in March 2019, UK airlines could be left unable to fly

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Oneworld Divided

Oneworld Divided

Qatar just cannot catch a break. With the Gulf dispute, it just wanted to be friends with American, now is a time for the state to have allies. But the US carrier is pushing it away. American Airlines has said it will

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Delta’s Documentary

Delta’s Documentary

Delta has a fleet of more than 800 aircraft flying to 59 airports on six continents. It has more than 80,000 employees worldwide. A large number of them appear in its new 15-minute video rallying its employees to rise up against Emirates,

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IndiGo wants to buy Air India

IndiGo wants to buy Air India

Air India being in trouble is not a new story. The days when it and Indian Airlines dominated feel a long time ago. It has since racked up around $8 billion in debt and is losing market share to new Indian

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BA Strikes Back

BA Strikes Back

British Airways is facing a 16-day crew strike starting tomorrow. BA is looking to wet lease nine Qatar A320s as cover during the strike. The airline applied to the Civil Aviation Authority to wet lease the aircraft between 1-16 July, with an additional period

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