Willis Lease Appoints Steven Bridgland To Lead Investor Relations, reinforcing its capital markets and investor engagement strategy as it advances the launch and expansion of Willis Aviation Capital, the company’s newly announced asset management platform.
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El Al Israel Airlines has announced that its Chief Executive Officer, Dina Ben-Tal Ganancia, will be stepping down from her role later in 2025, concluding a tenure that began in 2022. Her departure will mark the end of a critical chapter in the Israeli flag carrier’s post-pandemic recovery and modernization effort.
KlasJet, a Lithuania-based provider of ACMI (Aircraft, Crew, Maintenance, and Insurance) services, reported a significant increase in its operations from May through October 2024. During this period, KlasJet operated almost 5,000 flights, marking a 134% year-over-year (YoY) growth compared to the same months in 2023. This surge in flights reflects record demand for ACMI services over the summer season,…
Shannon Engine Support (SES) has announced the appointment of Denise Mangan-Fahy as its next Chief Executive Officer (CEO), effective September 2025. She succeeds Julie Dickerson, who is retiring after more than a decade of transformative leadership that helped position SES as a global leader in spare engine leasing solutions.
Phoenix Aviation Capital, based in Ireland, has successfully closed its offering of $550 million in senior unsecured notes due 2030, carrying a fixed interest rate of 9.25%. The proceeds from this debt issuance will be used to repay existing indebtedness and support general corporate purposes, strengthening the company’s capital structure and liquidity position.
Korean Air has announced the promotion of its current president, Woo Kee-hong, to the position of Vice Chairman as part of the airline’s regular executive reshuffle scheduled for January 2025. This leadership change underscores Korean Air’s focus on strategic growth and operational excellence as it navigates the evolving global aviation landscape.
Voepass Linhas Aéreas, a regional carrier in Brazil, has officially filed for bankruptcy protection, citing business disruptions stemming from its relationship with LATAM Airlines as a principal factor in its ongoing financial crisis. The filing comes as Voepass reports a total debt burden of approximately US$36.7 million.
