SMBC Aviation Capital Finance, a subsidiary of SMBC Aviation Capital based in Ireland, has successfully completed the sale of US$500 million in five-year senior unsecured notes, priced at a principal rate of 5.10%. The offering represents a major financing initiative for the aircraft leasing group as it continues to expand and optimize its capital structure.
Aero Capital Solutions (ACS), based in the United States, has announced the final closing of its fourth and largest aviation investment vehicle to date, securing total aggregate equity commitments of US$936 million. The fund underscores the growing investor appetite for aviation assets and ACS’s expanding role as a major player in the aircraft leasing and investment…
Boeing CEO Kelly Ortberg is set to address lawmakers today, acknowledging that the aerospace giant made “serious missteps” in recent years. This candid admission comes in the wake of a mid-air emergency involving a new B737 MAXin January 2024, an incident that prompted the company to implement “sweeping changes” across its operations.
Unical Aviation, based in the US, has embarked on a groundbreaking initiative by acquiring a fleet of A320neoairframes, setting up the industry’s first dedicated disassembly program for Airbus’s neo-family aircraft. The disassembly operations will be conducted by ecube, a specialist in aircraft end-of-life solutions, located in the UK. These operations are scheduled to commence in April 2025.
Airbus has achieved a notable milestone in March 2025 by delivering 70 aircraft, reflecting an 11% increase compared to the same period last year. This performance demonstrates the company’s strong recovery and operational efficiency in a competitive market.
Heston Materials, based in Lithuania, has announced the creation of a new Engines Division. This expansion is underscored by the appointment of Semih Ozdemir to lead this newly established division.
FL Technics, a prominent player in the aviation maintenance sector based in Lithuania, is set to expand its operational reach with the establishment of a new aircraft maintenance hangar in Punta Cana. Scheduled to commence operations in October 2025, this facility marks a significant expansion in the company’s global service network.
Surf Air Mobility, a U.S.-based aviation company, has formally entered into definitive agreements for a significant fundraising effort through a registered direct offering. This strategic financial maneuver involves the sale of 2 million shares of its common stock, aiming to raise a total of $5 million.
Comac (Commercial Aircraft Corporation of China) is pushing the boundaries of aerospace technology with its ambitious new project, the C949 airliner. This aircraft is designed to redefine supersonic travel, boasting a cruising speed of Mach 1.6 and an impressive range of 6,800 miles.
Boeing has announced a reduction in the production rate of its B737 MAX aircraft, adjusting the output from 38 to 31 airplanes per month. This decision comes in response to unexpected delays associated with the integration of advanced wing systems, which have proven more time-consuming than initially anticipated.
