ACIA Aero Leasing, based in Ireland, has announced the successful extension and expansion of its syndicated credit facility. The facility is led by Investec Bank (UK) and includes both term loan and revolving credit tranches, along with a newly added subordinated term loan tranche.
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Jambojet, a regional low-cost airline based in Kenya, has obtained a $13.4 million loan from NCBA Group for the financial year ending December 2024. The funding is part of a strategic move to restructure aircraft leases and cover engine maintenance costs, reflecting the airline’s ongoing focus on operational stability and fleet reliability.
Avelo Airlines has initiated a strategic financial initiative by appointing Jefferies, a leading global investment banking firm, to assist in raising between $75 million and $100 million. The capital raise is aimed at fueling the airline’s growth plans and strengthening its financial position amid a competitive and cost-sensitive environment.
GOAL Aircraft Leasing, a prominent German leasing company, has finalized a sale and leaseback agreement with Porter Airlines (Canada) for two Embraer E195-E2 aircraft. These modern jets will be operated by Porter Airlines under long-term lease arrangements, further strengthening its fleet for regional and transcontinental operations.
Aviation Capital Group (ACG), a leading US-based aircraft leasing company, has reported its 9M 2024 financial results with total revenues reaching $923 million and net income of $113.8 million. The company’s cash and cash equivalents stand at $241.9 million, underscoring ACG’s strong liquidity position and financial resilience in the aviation leasing market. This performance highlights ACG’s consistent revenue growth and profitability amid the recovery of the aviation…
Aircastle, a global aircraft leasing company headquartered in the United States, has announced its financial results for the fiscal year ending 28 February 2025, highlighting strong performance metrics and substantial liquidity reserves.
I Fly Airlines (Russia) has reported a significant threefold increase in revenue for the first quarter of 2025, reaching over US$23 million, largely driven by the ongoing wet lease of three A330 aircraft to fellow Russian carrier Aeroflot. This leasing arrangement has provided a stable revenue stream for I Fly and underscores the growing interdependence between carriers in the Russian market as…
