Azorra (US) has announced the appointment of Susan Geitzenauer as Senior Vice President – Operations. This strategic addition to the leadership team highlights Azorra’s commitment to operational excellence and its focus on enhancing efficiency as the company continues to grow.
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Fiji Airways has announced the appointment of Paul Scurrah as its new Managing Director and Chief Executive Officer, effective 1 November 2025, marking the beginning of a new era for the Fijian flag carrier.
SR Technics (Switzerland) has announced its selection by Air India as the preferred partner for long-term maintenance support of the airline’s CFM56-5B/-7B engine fleet. This partnership highlights SR Technics’ expertise in engine maintenance and its commitment to delivering reliable solutions to global airlines.
El Al, Israel’s flagship airline, has officially withdrawn its bid to acquire a 45% stake in Isracard, the country’s largest credit card company, citing challenges in meeting the regulatory and acquisition requirements before the October 31, 2024, deadline. This retraction marks a strategic shift for El Al, which had initially sought the acquisition to diversify…
Volofin Capital Management (UK) has successfully closed its inaugural aircraft loan asset-backed securitization (ABS), marking a significant milestone in its financial operations. The securitization, named VFIN 2024-1, involved the issuance of approximately US$534 million in notes.
El Al Israel Airlines has announced that its Chief Executive Officer, Dina Ben-Tal Ganancia, will be stepping down from her role later in 2025, concluding a tenure that began in 2022. Her departure will mark the end of a critical chapter in the Israeli flag carrier’s post-pandemic recovery and modernization effort.
Avation PLC, a Singapore-based commercial passenger aircraft leasing company, has released its unaudited financial results for the six months ended December 31, 2024. The company reported a profit after tax of US$868,000, marking a significant turnaround from the loss recorded in the same period last year.
