The UK’s Supreme Court ruled against the Irish aircraft lessors in favour of the bank in a dispute over interest linked to letters of credit and planes stuck in Russia.
Carriers are expanding options in premium cabins in a bid to boost their earnings, writes Dean Seal, The Wall Street Journal.
Trevor Milton’s conviction for defrauding investors in truck company Nikola was wiped away. He’s now raising funds for a new jet he claims will transform flying, write Christopher Kuo and Ben Foldy, The Wall Street Journal.
The Irish-led air taxi company is being sued by rival Archer over alleged patent violations. The legal salvo is just the latest in the noisy to and fro among eVTOL competitors.
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".
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