Air Lease Receives $328.5M in Settlements Over Detained Aircraft in Russia

ByAdmin 25/03/202527/03/2025

Air Lease Corporation (ALC) and several of its subsidiaries have successfully negotiated settlement agreements with a number of insurers, resulting in a substantial cash inflow of $328.5 million. These settlements are a significant part of ALC’s efforts to recuperate losses stemming from its $791.0 million write-off related to its aircraft interests that were detained in Russia.

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Airlines | Financial

Vietnam Airlines Considers New Share Issuance Plan

ByAdmin 25/11/202427/11/2024

Vietnam Airlines is seeking to bolster its financial standing through a proposed share issuance plan aimed at raising capital from existing shareholders. Lawmakers in Vietnam are currently evaluating options to facilitate this initiative, which could significantly strengthen the national carrier’s fiscal resilience and operational capabilities.

Management

Tulpar Air to File for Bankruptcy Amid $5 Million Court Ruling

ByAdmin 14/01/202515/01/2025

Tulpar Air (Russia) has announced its intention to file for bankruptcy in the Arbitration Court of Tatarstan within the next 15 days, following a legal ruling. The court’s decision requires the airline to pay over US$5.0 million to its former co-owner, Azat Khakim.

Airlines | Financial | IPO

Cambodia Airways Increases IPO Size to $45 Million, Offering 10 Million Shares

ByAdmin 27/10/202428/10/2024

Cambodia Airways has adjusted its upcoming initial public offering (IPO), increasing the proposed deal size to $45 million.

Airbus | Lessor

BOC Financial Leasing Acquires Two A320neos via Tianjin SPV

ByAdmin 25/11/202427/11/2024

BOC Financial Leasing Co., a leading aircraft lessor in China, has successfully acquired two Airbus A320neo aircraft through a Special Purpose Vehicle (SPV) established in Tianjin. This strategic acquisition, valued at over $120 million, involved the purchase of the aircraft from an Irish SPV owned by a European lessor.

Financial

Macquarie AirFinance Prices $650 Million Senior Notes Offering

ByAdmin 26/03/202531/03/2025

Macquarie AirFinance Holdings, based in Ireland, has successfully priced an offering of $650 million aggregate principal amount of 5.20% Senior Notes due 2028. This private offering is part of the company’s strategic financial planning to secure long-term capital.

Air Lease to Deliver Five A321neo Aircraft to Qanot Sharq

ByAdmin 19/02/202521/02/2025

Air Lease (US) has announced long-term lease agreements with Qanot Sharq Airlines (Uzbekistan) for the delivery of five Airbus A321neo aircraft, including three A321XLRs and two A321LRs. These aircraft will be delivered in 2026 and 2027 from Air Lease’s existing orderbook with Airbus.

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