Avation, a Singapore-based aircraft leasing company, has entered into a term sheet agreement with a major international bank for a $85 million portfolio financing facility. This facility will be utilized primarily for the refinancing of existing aircraft within Avation’s fleet and for the acquisition of additional aircraft, subject to specific conditions.
Please SUBSCRIBE to view the full content.
First month of membership is free!
South African Airways (SAA) has announced plans to lease seven new aircraft scheduled for delivery during the fiscal year 2025/26. This move is part of the airline’s strategy to enhance its fleet and support its operational growth following a period of restructuring.
Emirates, the UAE’s flagship carrier, reported strong financial results for the first half of 2024, with revenue up by 5%to $16.9 billion. The airline achieved a profit after tax of $2.4 billion, underscoring its robust financial health amid a competitive global aviation environment.
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 Concurrently, Fitch has withdrawn all ratings of AVIC Industry-Finance for commercial reasons.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),…
Nordic Aviation Capital (NAC), the leading regional aircraft lessor based in Ireland, has finalized its acquisition by Dubai Aerospace Enterprise (DAE) following shareholder approval. This strategic acquisition was first announced last month and has now been officially ratified, marking a significant expansion for DAE into the regional aircraft leasing market.
Nordic Aviation Capital (NAC) has finalized the sale of two Embraer E190 airframes and two engines to Regional One (US), a leading provider of aircraft and aftermarket solutions. This transaction aligns with NAC’s strategy to optimize its portfolio and repurpose assets for secondary market demand.
El Al, the national carrier of Israel, has announced its first quarter 2025 financial results, posting a net profit of $96 million, representing a 19% increase compared to the same period in the previous year. The growth was supported by a 5% rise in revenue, which reached $774 million for the quarter.
