Lessor Aeolus will take its legal action from Ireland to Italy in a bid to get its two aircraft engines back from Express Air Cargo, a Tunisian freight carrier.
Specialized manufacturers in the sector are a new pick-and-shovel play for investors, writes Jinjoo Lee, The Wall Street Journal.
As the Government continues to back one of the country's flagship industries, Revenue records offer a clearer picture of the corporation tax, employment taxes and Vat flows generated by aircraft lessors.
Lie-flat seats in private pods face long waits for safety certifications, write Alison Sider and Benjamin Katz, The Wall Street Journal.
Questions over Aer Lingus’s profitability and a hostile takeover bid for EasyJet are signs of a hot summer for an aviation industry exposed to successive geopolitical shocks.
Itochu Corporation is one of the most significant companies in Japan with a market capitalisation of €84 billion. It is investing in Irish-led Sirius Aviation Capital as demand for mid-life aircraft surges.
Vertical Aerospace and Archer Aviation are in a patent dispute in the US. Meanwhile, Vertical is pursuing a case against a former employee in the UK that moved to its chief rival.
US firm H.I.G. Capital has acquired the Shannon-based company, with over €50m in turnover, from Tiger Infrastructure Partners.
Timaero is linked to sanctioned bank VEB and its case against Boeing goes back nearly seven years. The aircraft maker claims the lessor has repeatedly failed to comply with discovery.
The higher costs that took down Spirit are squeezing the entire industry, especially budget carriers, writes Alison Sider, The Wall Street Journal.
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