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Fitch Assigns ‘A’ Rating To CDB Aviation Bond Issue

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Fitch Ratings, a prominent global credit rating agency, has assigned a long-term issuer credit rating of ‘A’ to CDB Aviation Lease Finance’s proposed fixed-rate senior unsecured US-dollar notes. The rating applies to the new tranche of debt instruments being issued under the company’s expansive funding programs, including its recently priced $700 million senior notes.

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Norwegian Reports $73.4M Q1 Loss On $639M Revenue

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Norwegian Group has posted a net loss of $73.4 million for the first quarter of 2025, based on operating revenue of $639 million. The report reflects ongoing cost pressures and seasonal demand fluctuations typical of the first quarter, particularly in Europe’s low-cost air travel sector.

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Magnetic Leasing Acquires CFM56-7B Engine for Rebuild and Leasing

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Magnetic Leasing, an Estonian company specializing in aviation assets, has acquired a CFM56-7B engine from its new trading partner, 3TOP Aviation Services, based in the United States. This acquisition aligns with Magnetic Leasing’s strategy of building a robust portfolio of rebuilt engines to meet increasing demand from airlines and leasing firms. The CFM56-7B, known for…

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AFG Aviation Closes Acquisition of A319 from XAero

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AFG Aviation Ireland has successfully completed the acquisition of an A319 aircraft, bearing serial number 2825, from XAero, a subsidiary of Xiamen Aircraft Leasing Co. (China). This strategic transaction highlights AFG Aviation’s continued efforts to expand its fleet portfolio and strengthen its position in the aviation leasing market.

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Grupo Viva Aerobus Reports Revenue Drop and Net Loss in Q1 2025

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Grupo Viva Aerobus, the Mexican low-cost carrier, has reported a difficult first quarter for 2025 with total operating revenues down 20.7% to $491 million, accompanied by a net loss of $42 million. Despite the downturn, the airline maintains a strong cash and cash equivalents position of $780 million, which provides a cushion for near-term operations.

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AirAsia Indonesia’s Q3 2024 Revenue Soars 20% Amid Passenger Growth

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AirAsia Indonesia has announced a substantial 20% increase in revenue for the third quarter of 2024, reaching $375 million. This growth was bolstered by strong travel demand as the airline carried 4.99 million passengers, marking a steady post-pandemic recovery in Southeast Asia’s aviation sector. The increased passenger volume reflects the success of AirAsia Indonesia’s strategies…