Engine lessor Willis Lease is suing Chinese aircraft lessor CALC, through its Irish entities, over an engine that it says has been poorly maintained and not returned.
In a business exposed to pandemics and geopolitical threats, the risk of taking on debt is higher for airlines. This has consequences for their shareholders, whether they are governments or stock-market investors.
Thai aircraft parts dealer Siam Aero Repair Co Ltd has been sanctioned in the UK for alleged trade with Russia in its war effort. It is in the midst of a court battle with an Irish company.
Irish aircraft parts trader was duped out of $820,000 when a fraudster intercepted its email exchanges with a Thai dealer. In an appeal, it argues the Thai firm bears some responsibility.
From lifting the passenger cap to credit unions funding pilot training, there has been progress. But more could be done and Declan Ryan says civil servants in the Republic could “adopt a more constructive attitude to the policy debate".
The CEO of the British flag carrier speaks to about growing up in Youghal, Co Cork, overseeing a £7bn transformation plan, the rise of Chinese manufacturers and why Ireland needs to improve at "actually getting things done".
A luxury terminal operator is challenging the bidding process at Washington Dulles, claiming the airport authority had a “relentless desire” to award the contract to DAA and its partner.
Michael O'Leary announced in Paris this week that Ryanair would bring its engine repair and maintenance "in-house" and open two massive new facilities to do so. It appears one of them will be based in Spain.
EY aviation finance sector leader Niamh Tobin talks to The Currency about deal flow in the aviation industry, the challenges of tariffs and how Ireland can maintain its leadership role.
The SMBC-Air Lease deal has instilled confidence in the ability to get bumper aviation leasing deals done – and executives are showing little fear of over concentration.
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