China Aircraft Leasing Group Holdings Limited (CALC), one of the world’s top aircraft lessors, has successfully secured a $400 million warehouse financing facility, with the potential to increase the amount.
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SkyWest, a leading regional airline in the United States, announced its financial results for the fourth quarter and fiscal year 2024, highlighting significant growth and profitability.
Crestone Air Partners, a U.S.-based aviation investment firm, has expanded its fleet with the acquisition of four Airbus A321 aircraft.
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 Concurrently, Fitch has withdrawn all ratings of AVIC Industry-Finance for commercial reasons.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),…
I Fly Airlines (Russia) has reported a significant threefold increase in revenue for the first quarter of 2025, reaching over US$23 million, largely driven by the ongoing wet lease of three A330 aircraft to fellow Russian carrier Aeroflot. This leasing arrangement has provided a stable revenue stream for I Fly and underscores the growing interdependence between carriers in the Russian market as…
L’Odyssey (France) has transitioned to using Saab 2000 aircraft, operated by Frost Air (Denmark), to serve its six established routes. The Saab 2000, known for its speed, fuel efficiency, and reliability, is a versatile turboprop well-suited for regional operations, offering a comfortable experience for passengers.
Rex Group (Australia) has officially commenced a sale and/or recapitalization process, following its recent financial difficulties. EY Australia, the appointed administrator, is overseeing the restructuring, aiming to secure the airline’s future through a potential sale or new capital injection.
