Aviation Capital Group (ACG), a leading U.S.-based aircraft leasing firm, has successfully closed a $1 billion delayed draw secured credit facility, marking a substantial addition to its financial flexibility. The facility was arranged with a syndicate of lenders and is set to mature in June 2027, offering the company a strong liquidity buffer for upcoming strategic initiatives.
Pratt & Whitney has introduced a significant performance enhancement for its PW1100G-JM engine, known as the Hot Section Plus (HS+) upgrade. This new offering is derived from the company’s GTF Advantage technology and is aimed at improving the durability and operational efficiency of engines powering the A320neo aircraft family.
Airbus has announced a significant executive reshuffle, appointing Benoit Schultz as Chief Procurement Officer, effective 01 October 2025. Schultz succeeds Jurgen Westermeier, who will assume dual leadership roles as President of Airbus in India and Head of South Asia beginning 01 September 2025. Meanwhile, Remi Maillard will become EVP Engineering of Commercial Aircraft and Head of Technology.
Southwest Airlines has received a new Boeing 737-8 aircraft, bearing manufacturer serial number 68892, as part of its ongoing fleet modernization efforts. The aircraft is equipped with LEAP-1B28 engines, manufactured by CFM International, offering significant performance improvements in fuel efficiency and emissions.
Investec Aviation Finance, based in the United Kingdom, has finalized a senior-term loan facility with Aircraft Engine Lease Finance (AELF), headquartered in the United States, to support the acquisition of a Airbus A330-200 aircraft. The aircraft, bearing manufacturer serial number 1104, was acquired by AELF from Avolon, the global leasing company based in Ireland.
Braathens Regional Airways, based in Sweden, has taken delivery of one ATR72-600 aircraft under a lease agreement, signaling continued investment in regional fleet modernization. The aircraft carries manufacturer serial number 1262and is equipped with PW127M engines, a proven turboprop model manufactured by Pratt & Whitney Canada.
Boeing has completed the delivery of a new B787-9 Dreamliner to Juneyao Air of China, signifying a notable development in commercial aircraft deliveries amid a period of improving trade relations between the United States and China. The aircraft bears manufacturer serial number 65433, marking a continued expansion of Juneyao Air’s widebody fleet.
nada has taken delivery of a new A220-300 aircraft, bearing manufacturer serial number 55355, in a move that continues the airline’s modernization of its narrowbody fleet. The aircraft is equipped with PW1521G-3 engines, part of the Pratt & Whitney GTF family, which is known for its fuel efficiency and reduced noise footprint.
Aergo Capital has announced the promotion of Catherine Power to the role of Chief Legal Officer, marking a key step in the lessor’s ongoing efforts to strengthen its internal leadership structure. This appointment reflects the company’s confidence in Power’s legal acumen and long-standing contribution to Aergo’s strategic and regulatory affairs.
Tragedy struck Air India operations when a Boeing 787-8 Dreamliner, bearing serial number 36279, crashed shortly after takeoff from Ahmedabad, en route to London Gatwick. The catastrophic accident resulted in the death of all 242 passengers and crew, and complete destruction of the aircraft.
