Air T (US) has announced the successful renegotiation of a critical financing agreement involving its wholly owned subsidiary, AAM 24-1. This new transaction has grown to a total of $100 million, aimed at supporting the growth and strategic initiatives of Crestone Air Partners.
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Avianca Group International‘s subsidiary, Avianca Midco 2, has officially announced an offer to exchange any and all of its outstanding 9.000% Tranche A-1 Senior Secured Notes for newly issued 9.000% Senior Secured Notes, both maturing in 2028. This exchange aims to provide enhanced financial flexibility and optimize the company’s capital structure.
ACC Aviation (UK) has announced its transition to an Employee Ownership Trust (EOT), a move supported by ThinCats (UK). The transition comes after a successful partnership with YFM Equity Partners, marking a new phase in the company’s corporate structure and strategic direction.
Nordic Aviation Capital (Ireland), a global leader in regional aircraft leasing, has successfully executed a lease agreement with Rise Air (Canada) for two ATR72-600 aircraft. This agreement supports Rise Air’s strategy to expand its regional connectivity and improve service efficiency across its network.
Thai AirAsia, a subsidiary of Asia Aviation Public Company Limited, is preparing to issue and offer a new batch of high-risk, unsubordinated, secured, and callable debentures.
Air Lease Corporation (ALC), the U.S.-based aircraft leasing giant, has released its first-quarter 2025 performance update, reporting strong investment activity and continued portfolio optimization. The company delivered 14 new aircraft from its orderbook, representing a total investment of approximately US$800 million during the quarter.
Cebu Pacific of the Philippines and flyadeal of Saudi Arabia have signed a Memorandum of Understanding (MoU)aimed at exploring strategic joint commercial initiatives between the two low-cost carriers. The agreement outlines the mutual intention to collaborate in optimizing aircraft utilization and expanding seasonal capacity through wet lease arrangements involving their Airbus A320 fleets.
