AV AirFinance Appoints Jonathan O’Dowd as Senior Vice President of Investments

ByAdmin 19/11/202420/11/2024

AV AirFinance, a global commercial aviation loan servicer headquartered in Dublin, Ireland, has announced the appointment of Jonathan O’Dowd as Senior Vice President of Investments. Based in Singapore, O’Dowd will oversee global credit underwriting and manage strategic airline relationships, contributing to the company’s expansion in the Asia-Pacific region.

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Corporation | Engines | Financial | General Electric | Transactions

Mesa Air Group Sells 23 Engines and Reduces Treasury Debt

ByAdmin 16/10/202416/10/2024

Mesa Air Group has announced the successful sale of 23 CF34-8C engines, generating total proceeds of $33.5 million.

Airlines | Management

China Southern Airlines Halts Spin-Off Plans for Logistics Subsidiary Amid Market Uncertainty

ByAdmin 24/02/202503/03/2025

China Southern Airlines has announced the suspension of its proposed plan to spin off and publicly list its wholly-owned subsidiary, China Southern Air Logistics Company Limited, on the Shanghai Stock Exchange (SSE). This decision comes in response to the prevailing market environment, which the company deems unfavorable for such a move at this time.

Airbus | Aircraft | Corporation | Financial | Manufacturers

Airbus Reports November 2024 Order Adjustments

ByAdmin 12/12/202416/12/2024

Airbus, the European aerospace giant, has released its November 2024 order book changes, showcasing significant updates. The company reported new orders from undisclosed customers for: These additions highlight continued interest in Airbus’s wide-body and single-aisle aircraft, catering to various market demands. The A321neo remains a popular choice for its fuel efficiency and range capabilities, while the A330-900 and A350-900 models appeal to…

Airlines | Cargo | Corporation | Sale

Stonepeak to Acquire Air Transport Services Group in $3.1 Billion All-Cash Deal

ByAdmin 05/11/202407/11/2024

Air Transport Services Group (ATSG), a prominent U.S.-based provider of air cargo and leasing services, has entered into a definitive agreement to be acquired by investment firm Stonepeak in an all-cash transaction valued at approximately $3.1 billion. The deal, which is expected to close in the first half of 2025, will result in ATSG transitioning…

Airbus | Aircraft | Corporation | Delivery | Manufacturers

Airbus Misses 2024 Delivery Target with 760 Aircraft

ByAdmin 03/01/202509/01/2025

Airbus fell just short of its annual delivery target for 2024, completing the delivery of approximately 760 aircraft to customers. While December alone accounted for close to 120 deliveries, the overall total did not quite reach the ambitious goal set by the manufacturer. Official delivery numbers are expected to be published next week, providing a clearer picture of the…

Airlines | Financial | Flag Carrier | Management

ITA Airways Chairman Awaits Lufthansa Group Acquisition Approval

ByAdmin 22/11/202425/11/2024

ITA Airways (Italy) chairman Antonino Turicchi has expressed optimism that the airline will secure final approval for its acquisition by Lufthansa Group (Germany) from the European Commission (EC) before the end of 2024. This approval marks a critical step in solidifying Lufthansa’s stake in the Italian national carrier.

Corporation | Engines | Financial | General Electric | Transactions

Mesa Air Group Sells 23 Engines and Reduces Treasury Debt

ByAdmin 16/10/202416/10/2024

Mesa Air Group has announced the successful sale of 23 CF34-8C engines, generating total proceeds of $33.5 million.

Airlines | Management

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