HALO AirFinance, a U.S.-based aviation lender, has successfully completed a senior loan transaction supporting the acquisition of a Boeing B737-800 by Crestone Air Partners, an investment platform backed by Blue Owl Capital. The financed aircraft is currently on lease to a UK-based airline, marking another strategic asset-based lending move for HALO in the secondary aircraft market.
Croatia Airlines has taken delivery of a new Airbus A220-300, serial number 55350, from U.S.-based lessor Azorra, marking the sixth A220 aircraft to join its fleet. This delivery is the first of three aircraft the airline is scheduled to receive from Azorra by 2026, as part of a comprehensive plan to overhaul and modernize its narrowbody fleet.
Air Europa is poised to receive its first Boeing B737 MAX aircraft next week, marking a major step in the Spanish carrier’s narrowbody fleet modernization. This delivery will be followed by ten additional B737 MAX aircraft, scheduled to arrive starting in 2026, with deliveries occurring at a rate of one aircraft per month.
Mesa Air Group, a regional U.S. carrier, has reported a net loss of $24.9 million for its fourth fiscal quarter and a net loss of $91.0 million for the full fiscal year 2024. The airline’s total operating revenue for the year declined by 4.3%, falling to $476.4 million. As of the end of the reporting period, Mesa reported $15.6 million in unrestricted cash and cash equivalents, reflecting…
flynas, the Saudi Arabian low-cost airline, has achieved a remarkable milestone by completing its initial public offering (IPO) of US$1.1 billion on the Riyadh stock exchange. The offering was met with extraordinary demand, as all shares were sold within minutes of opening. The IPO represents approximately 30% of the company’s share capital, indicating a strong appetite among investors for exposure to Saudi…
Bangkok Airways has reported a solid financial performance for the first quarter of 2025, posting a net profit of US$50 million. This comes even as total revenue for the period showed a slight decline of 1.4%, settling at $171.3 million. The results reflect the carrier’s resilience and strategic cost management amid a competitive Southeast Asian aviation landscape.
Asiana Airlines has announced a strategic financial reinforcement of its subsidiaries Air Seoul and Air Busan. The South Korean flag carrier will participate in a US$127 million paid-in capital increase for Air Seoul through a shareholder allocation. This transaction will provide Asiana with an additional 36 million common shares, raising its total investment in the airline to approximately $170 million. The move strengthens Asiana’s…
Air Europa, the Spanish carrier, is preparing to settle its outstanding loan of $157 million this week, originally granted by the Instituto de Crédito Oficial (ICO) in May 2020. The loan had been extended as part of the Spanish government’s support package to help businesses during the COVID-19 pandemic, with Air Europa being one of the primary beneficiaries within the…
United Airlines has been officially identified as the customer behind a previously undisclosed order for 40 Airbus A321neo aircraft, with deliveries scheduled to begin after 2030. The revelation adds clarity to Airbus’s backlog and underscores United’s continued commitment to fleet renewal and capacity expansion.
Turkish Airlines has become the first airline globally to utilize the Sompo AXIS Aviation Finance Insurance product to finance its new aircraft, signaling a unique innovation in aviation financing. The carrier applied the solution to the acquisition of two aircraft: one Airbus A350-900 and one Airbus A321neo.
