FTAI Aviation Closes $2B Warehouse Financing Facility
FTAI Aviation Closes $2B Warehouse Financing Facility
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United Nigeria Airlines (UNA) has unveiled a major fleet expansion plan through the acquisition of six Boeing 737-800 aircraft from Southwest Airlines, with an option to secure four additional units. This significant step will grow UNA’s fleet from its current five aircraft to as many as fifteen, representing a transformative moment for the young carrier.
HAECO And CALC Sign MoU For Engine Support Platform marks a pivotal step forward, as two major Hong Kong aviation players unite to elevate regional engine support services.
Jet Parts Engineering (JPE) has made headlines with the announcement of its acquisition of Mitchell PMA, a notable division of Mitchell Aircraft specializing in parts manufacturer approval (PMA) parts.
GOL Linhas Aéreas, Brazil’s leading low-cost carrier, has taken delivery of a Boeing 737-800BCF (Boeing Converted Freighter), further expanding its cargo capabilities. The aircraft, bearing serial number 33551, has been leased and is powered by CFM56-7B26 engines, one of the most commonly used and reliable engine types in the 737NG family.
IATA (International Air Transport Association) has introduced a dedicated digital platform to support the aviation industry’s transition to sustainable aviation fuel (SAF) by improving transparency and access in the SAF procurement process. This initiative aims to connect airlines seeking SAF with producers offering supply, thereby addressing a critical bottleneck in the fuel’s global adoption.
FTAI Aviation, headquartered in the Cayman Islands, has announced plans to redeem all outstanding 4,940,000 8.00% Fixed-to-Floating Rate Series B Cumulative Perpetual Redeemable Preferred Shares. The redemption price is set at $25.00 per Series B Share in cash, along with an additional $2.4 million covering accumulated and unpaid distributions.