Airlink And SMBC Aviation Capital Announce Three-Year Partnership, marking a significant commitment by the aviation leasing sector to long-term humanitarian engagement and disaster response support worldwide.
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Eric Koury, the former Chief Executive Officer of Air Antilles, has been sentenced to 18 months in prison (suspended) and ordered to pay a fine of $112,500 in connection with embezzlement charges. The sentencing marks the culmination of a legal case that had been under investigation for several years.
Air India has announced a restructuring of its leadership within subsidiary Air India Express (AIX), as part of ongoing governance realignment across the Tata Group’s aviation ventures. Campbell Wilson, the Group CEO of Air India, will step down as Chairman of AIX, with responsibilities handed over to two senior executives already embedded in the company’s leadership structure.
Avolon Holdings, one of the world’s leading aircraft leasing companies, has announced the pricing of a $650 million private offering in senior unsecured notes, issued through its wholly owned subsidiary, Avolon Holdings Funding. The notes carry an interest rate of 4.900% and are scheduled to mature in 2030.
ORIX Corporation (Japan) has announced significant leadership changes within its aviation group, highlighting its focus on strengthening its global executive team. James Meyler, currently serving as CEO of ORIX Aviation (Ireland) Group, has been promoted to the role of Group Executive, ORIX, Japan, while retaining his CEO position. This strategic move underscores the corporation’s confidence in Meyler’s leadership and…
Southwest Airlines has announced that board members Eduardo F. Conrado and Elaine Mendoza will step down in April 2025, finalizing a board restructuring that began in 2024.
Challenge Group, a Malta-based aviation company, has achieved a significant milestone by registering Europe’s first B777-300ERSF under its 9H Air Operator Certificate (AOC). This marks the introduction of the B777-300ERSF, a converted freighter, into the European market, with the group planning to receive two units in 2025.
