BOC Aviation (Singapore) has released details of its transactions for the fourth quarter of 2023 and its projections for 2024, highlighting strong growth and activity across its operations.
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MTU Aero Engines (Germany) has released its 2024 financial results, showing an 18% increase in adjusted revenue to $7.8 billion, fueled by robust demand in commercial and military aviation sectors. The company also reported a 29% rise in net income, reaching $798 million, reflecting higher engine deliveries and aftermarket services growth.
China Aircraft Leasing Group Holdings Limited (CALC), based in Hong Kong, has announced the successful upsizing of its inaugural warehouse facility to US$700 million. This significant financial enhancement is supported by the participation of 20 leading banks from around the world.
K2 Aviation (Ireland) has marked a significant milestone, successfully completing its first aircraft transaction. The company has finalized the novation of the lease for one Airbus A330-200, placing the widebody aircraft with Air Transat (Canada).
ABL Aviation, a global independent aircraft investment management firm headquartered in Ireland, has appointed Stephen Orr as its new Senior Vice President (SVP) for Africa. Based in Casablanca, Orr will play a pivotal role in expanding ABL Aviation’s presence across the African aviation market.
Spirit AeroSystems and Boeing are close to finalizing a funding agreement aimed at providing a critical cash lifeline for Spirit, which has been facing significant financial challenges. The funding comes as Spirit AeroSystems anticipates a cash burn of approximately $450-500 million over the last quarter of 2024 and the first half of 2025. The deal reflects Boeing’s ongoing efforts to support its…
Crestone, a U.S.-based aviation investment firm, has expanded its portfolio with the acquisition of two Boeing narrowbody aircraft currently under lease with major North American carriers. The firm has purchased one B737-800, leased to Sunwing Airlines of Canada, and one B737-700, leased to Southwest Airlines in the United States.
MTU Aero Engines (Germany) has released its 2024 financial results, showing an 18% increase in adjusted revenue to $7.8 billion, fueled by robust demand in commercial and military aviation sectors. The company also reported a 29% rise in net income, reaching $798 million, reflecting higher engine deliveries and aftermarket services growth.
China Aircraft Leasing Group Holdings Limited (CALC), based in Hong Kong, has announced the successful upsizing of its inaugural warehouse facility to US$700 million. This significant financial enhancement is supported by the participation of 20 leading banks from around the world.
K2 Aviation (Ireland) has marked a significant milestone, successfully completing its first aircraft transaction. The company has finalized the novation of the lease for one Airbus A330-200, placing the widebody aircraft with Air Transat (Canada).
ABL Aviation, a global independent aircraft investment management firm headquartered in Ireland, has appointed Stephen Orr as its new Senior Vice President (SVP) for Africa. Based in Casablanca, Orr will play a pivotal role in expanding ABL Aviation’s presence across the African aviation market.
Spirit AeroSystems and Boeing are close to finalizing a funding agreement aimed at providing a critical cash lifeline for Spirit, which has been facing significant financial challenges. The funding comes as Spirit AeroSystems anticipates a cash burn of approximately $450-500 million over the last quarter of 2024 and the first half of 2025. The deal reflects Boeing’s ongoing efforts to support its…
Crestone, a U.S.-based aviation investment firm, has expanded its portfolio with the acquisition of two Boeing narrowbody aircraft currently under lease with major North American carriers. The firm has purchased one B737-800, leased to Sunwing Airlines of Canada, and one B737-700, leased to Southwest Airlines in the United States.
MTU Aero Engines (Germany) has released its 2024 financial results, showing an 18% increase in adjusted revenue to $7.8 billion, fueled by robust demand in commercial and military aviation sectors. The company also reported a 29% rise in net income, reaching $798 million, reflecting higher engine deliveries and aftermarket services growth.
China Aircraft Leasing Group Holdings Limited (CALC), based in Hong Kong, has announced the successful upsizing of its inaugural warehouse facility to US$700 million. This significant financial enhancement is supported by the participation of 20 leading banks from around the world.
K2 Aviation (Ireland) has marked a significant milestone, successfully completing its first aircraft transaction. The company has finalized the novation of the lease for one Airbus A330-200, placing the widebody aircraft with Air Transat (Canada).
ABL Aviation, a global independent aircraft investment management firm headquartered in Ireland, has appointed Stephen Orr as its new Senior Vice President (SVP) for Africa. Based in Casablanca, Orr will play a pivotal role in expanding ABL Aviation’s presence across the African aviation market.
Spirit AeroSystems and Boeing are close to finalizing a funding agreement aimed at providing a critical cash lifeline for Spirit, which has been facing significant financial challenges. The funding comes as Spirit AeroSystems anticipates a cash burn of approximately $450-500 million over the last quarter of 2024 and the first half of 2025. The deal reflects Boeing’s ongoing efforts to support its…
Crestone, a U.S.-based aviation investment firm, has expanded its portfolio with the acquisition of two Boeing narrowbody aircraft currently under lease with major North American carriers. The firm has purchased one B737-800, leased to Sunwing Airlines of Canada, and one B737-700, leased to Southwest Airlines in the United States.
