Finnair has struck a deal with DOT LT, a Danish Air Transport subsidiary, to fly while Norra ATRs are being upgraded.

The delivery from Singapore-based leasing company BOC Aviation comes as Icelandair seeks to renew its ageing fleet.

The airline desperately needs to raise cash, so it continues to sell planes it is currently leasing out to other companies.

Avion Express is starting 2019 with record production results and new clients around the world.

AviaAM Leasing, owned by Lithuanian aviation and pharma mogul Gediminas Ziemelis, is building up a hotel portfolio.

Nordic Aviation Capital says the US$470 million loan will “increase public knowledge of the regional aviation market”.

The move follows the repossession of much of its leased fleet, hitting air services in a huge market Norwegian is starting to break into.

In a continuing reorganisation, Nordica is considering a buyout of its partner LOT’s stake in Regional Jet, which flies some SAS routes.

The Estonian airline will close routes to Copenhagen, and instead focus on a more profitable side of the business.

Nordic Aviation Capital has confirmed a $156 million order for next-gen E190 aircraft, after months of negotiations.

One Nordic route from Tallinn is axed but two remain, as aircraft and crews from three unprofitable routes go elsewhere.

The global aircraft leasing company adds a “new strong minority shareholder” to further support its growth ambitions.

New quarterly production results from Vilnius-based Avion Express show a significant increase even on earlier figures.

The Limerick-based “world’s largest regional aircraft lessor” with an office in Billund says it’s been another good year.

The Vilnius-based “largest narrow-body ACMI operator in the world” sees up to 25% y-o-y growth.

The ACMI business continues to boom in the Baltics, as Avion Express leases its own additional planes.

Latvia’s second-biggest airline now plans to expand operations to North America and Canada.

The Finnish flag carrier needs an extra plane to fly some of its European routes from early June until January.

A new chief executive is named at one of the leading providers of ACMI services on narrow-body aircraft.

An Icelandic charter and wet lease airline allegedly transported weapons to Saudi Arabia for use in Syria and Yemen.