China Aircraft Leasing Group Holdings Limited (CALC) has been awarded its first-ever long-term credit rating, achieving an Ag- grade with a stable outlook. This recognition comes from the China Chengxin (Asia Pacific) Credit Ratings Company, a prominent credit assessment agency renowned for evaluating financial institutions in the Asia-Pacific region.
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CDB Aviation, the Irish leasing subsidiary of China Development Bank Financial Leasing Co., Ltd., has announced the successful delivery of two Embraer E190-100LR aircraft to French regional carrier Regourd Aviation S.A.S., operating under the Amelia brand. The transaction marks the start of a new partnership and supports Amelia’s long-term fleet development strategy.
A subsidiary of US-based Willis Lease Finance, Willis Engine Repair Center, has entered into a strategic partnership with Global Engine Maintenance (US) to establish a joint venture named Willis Global Engine Testing. The venture aims to construct a state-of-the-art engine test cell facility in West Palm Beach, Florida.
Spirit Airlines (US) has announced a $1.22 billion net loss for 2024, with operating revenue declining by 8.4% to $4.91 billion. The low-cost carrier continues to face financial headwinds, including weaker demand, operational disruptions, and fleet challenges. Key Financial Performance Metrics Factors Contributing to the Loss Spirit Airlines’ financial struggles stem from multiple challenges, including: Strategic Response and Future Outlook…
Boeing is reportedly exploring the potential sale of its Jeppesen navigation unit as part of a broader strategy to alleviate its significant $58 billion debt load. Jeppesen, known for its comprehensive navigational and flight planning solutions, has been a part of Boeing since 2000, providing services essential to pilots, airlines, and flight operators worldwide. This prospective sale underscores Boeing’s commitment…
Silver Airways (US) has announced that it will utilize cash collateral to cover its operating expenses for an initial two-week period. This move comes as the airline works to secure Debtor-in-Possession (DIP) financing, which is essential for stabilizing its financial position and continuing operations.
China Aircraft Leasing Group (CALC) has reached a significant milestone with the successful delivery of its 200th aircraft, an Airbus A321neo, serial number 12332, to United Airlines. This event is noteworthy as it marks the first delivery from CALC’s Mobile, Alabama, facility, underscoring the leasing company’s expanding operations and global reach.
CDB Aviation, the Irish leasing subsidiary of China Development Bank Financial Leasing Co., Ltd., has announced the successful delivery of two Embraer E190-100LR aircraft to French regional carrier Regourd Aviation S.A.S., operating under the Amelia brand. The transaction marks the start of a new partnership and supports Amelia’s long-term fleet development strategy.
A subsidiary of US-based Willis Lease Finance, Willis Engine Repair Center, has entered into a strategic partnership with Global Engine Maintenance (US) to establish a joint venture named Willis Global Engine Testing. The venture aims to construct a state-of-the-art engine test cell facility in West Palm Beach, Florida.
Spirit Airlines (US) has announced a $1.22 billion net loss for 2024, with operating revenue declining by 8.4% to $4.91 billion. The low-cost carrier continues to face financial headwinds, including weaker demand, operational disruptions, and fleet challenges. Key Financial Performance Metrics Factors Contributing to the Loss Spirit Airlines’ financial struggles stem from multiple challenges, including: Strategic Response and Future Outlook…
Boeing is reportedly exploring the potential sale of its Jeppesen navigation unit as part of a broader strategy to alleviate its significant $58 billion debt load. Jeppesen, known for its comprehensive navigational and flight planning solutions, has been a part of Boeing since 2000, providing services essential to pilots, airlines, and flight operators worldwide. This prospective sale underscores Boeing’s commitment…
Silver Airways (US) has announced that it will utilize cash collateral to cover its operating expenses for an initial two-week period. This move comes as the airline works to secure Debtor-in-Possession (DIP) financing, which is essential for stabilizing its financial position and continuing operations.
China Aircraft Leasing Group (CALC) has reached a significant milestone with the successful delivery of its 200th aircraft, an Airbus A321neo, serial number 12332, to United Airlines. This event is noteworthy as it marks the first delivery from CALC’s Mobile, Alabama, facility, underscoring the leasing company’s expanding operations and global reach.
CDB Aviation, the Irish leasing subsidiary of China Development Bank Financial Leasing Co., Ltd., has announced the successful delivery of two Embraer E190-100LR aircraft to French regional carrier Regourd Aviation S.A.S., operating under the Amelia brand. The transaction marks the start of a new partnership and supports Amelia’s long-term fleet development strategy.
A subsidiary of US-based Willis Lease Finance, Willis Engine Repair Center, has entered into a strategic partnership with Global Engine Maintenance (US) to establish a joint venture named Willis Global Engine Testing. The venture aims to construct a state-of-the-art engine test cell facility in West Palm Beach, Florida.
Spirit Airlines (US) has announced a $1.22 billion net loss for 2024, with operating revenue declining by 8.4% to $4.91 billion. The low-cost carrier continues to face financial headwinds, including weaker demand, operational disruptions, and fleet challenges. Key Financial Performance Metrics Factors Contributing to the Loss Spirit Airlines’ financial struggles stem from multiple challenges, including: Strategic Response and Future Outlook…
Boeing is reportedly exploring the potential sale of its Jeppesen navigation unit as part of a broader strategy to alleviate its significant $58 billion debt load. Jeppesen, known for its comprehensive navigational and flight planning solutions, has been a part of Boeing since 2000, providing services essential to pilots, airlines, and flight operators worldwide. This prospective sale underscores Boeing’s commitment…
Silver Airways (US) has announced that it will utilize cash collateral to cover its operating expenses for an initial two-week period. This move comes as the airline works to secure Debtor-in-Possession (DIP) financing, which is essential for stabilizing its financial position and continuing operations.
China Aircraft Leasing Group (CALC) has reached a significant milestone with the successful delivery of its 200th aircraft, an Airbus A321neo, serial number 12332, to United Airlines. This event is noteworthy as it marks the first delivery from CALC’s Mobile, Alabama, facility, underscoring the leasing company’s expanding operations and global reach.
