APOC Aviation, a Netherlands-based aviation parts and leasing company, has announced a new multi-faceted financing arrangement with Deutsche Bank.
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Falko, a UK-based aircraft leasing and asset management company, reported a dynamic third quarter in 2024, showcasing significant portfolio activity. The company added 13 aircraft to its holdings, sold seven aircraft and one engine, and entered into Letters of Intent (LOIs) for the sale of two additional aircraft. Falko also demonstrated strong leasing activity, having leased out three aircraft and extended leases for 14…
Air Serbia achieved notable passenger growth in October 2024, carrying a total of 381,386 passengers across its scheduled and charter services. This figure marks a 4% increase compared to October of the previous year, highlighting the airline’s steady recovery and expansion in the regional and international markets.
Copa Holdings, the parent company of Copa Airlines based in Panama, reported a 22.1% decline in net profit for the third quarter of 2024, amounting to $146 million. The results reflect a 1.5% decrease in operating revenue, which totaled $854.7 million for the quarter. Despite the downturn, Copa Holdings maintains a strong financial position with $1.3 billion in cash, short-term, and long-term…
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of AVIC Industry-Finance Holdings Co., Ltd. (AVIC Industry-Finance) at ‘A-‘ and the Short-Term IDR at ‘F1’. Concurrently, Fitch has withdrawn all ratings of AVIC Industry-Finance for commercial reasons. The affirmation reflects AVIC Industry-Finance’s strategic importance to its parent company, Aviation Industry Corporation of China (AVIC),…
Lufthansa Technik has established a non-exclusive maintenance contract with Avianca to support the LEAP-1A engines powering Avianca’s aircraft fleet. This agreement enhances Avianca’s access to high-standard engine maintenance services provided by Lufthansa Technik, a leader in aircraft maintenance, repair, and overhaul (MRO) solutions.
AFI KLM E&M (France) and AAR (US), two major global players in the aviation maintenance, repair, and overhaul (MRO) industry, have announced a strategic partnership to form a joint venture in the Asia-Pacific region. The JV will be headquartered in Chonburi, Thailand, and will specialize in the maintenance and support of nacelles for new-generation aircraft.
