AerCap Holdings (Ireland) has announced lease agreements for two Boeing B737-800 aircraft, further solidifying its presence in the aviation leasing market. The leased aircraft will be operated by Mukamalah Aviation Company (Saudi Arabia) under the brand name Aloula Aviation.
Volofin Capital Management (UK) has successfully closed its inaugural aircraft loan asset-backed securitization (ABS), marking a significant milestone in its financial operations. The securitization, named VFIN 2024-1, involved the issuance of approximately US$534 million in notes.
International Airlines Group (IAG), headquartered in the UK, has reaffirmed its commitment to its stake in Air Europa, Spain’s prominent airline. The group announced its decision to participate in Air Europa’s capital increase, contributing $16.8 million to the initiative. This move ensures that IAG retains its 20% ownership in the airline, solidifying its strategic position in the Spanish and broader…
Utair (Russia) has announced a significant organizational restructuring following shareholder approval for a merger with TS Technic (Russia). The decision marks a strategic move to consolidate operations and streamline services, particularly in maintenance and technical support. The merger, formally approved by Utair shareholders, is expected to provide operational synergies and cost efficiencies. TS Technic, a key player…
ORIX Corporation (Japan) has announced significant leadership changes within its aviation group, highlighting its focus on strengthening its global executive team. James Meyler, currently serving as CEO of ORIX Aviation (Ireland) Group, has been promoted to the role of Group Executive, ORIX, Japan, while retaining his CEO position. This strategic move underscores the corporation’s confidence in Meyler’s leadership and…
GA Telesis (US) has officially inaugurated its new Latin America & Caribbean headquarters, located in San Salvador, El Salvador. This strategic expansion signifies GA Telesis’ commitment to strengthening its presence in the region and underscores the growing importance of Latin America and the Caribbean in the global aviation market.
EgyptAir Maintenance & Engineering (M&E) is pursuing a strategic joint venture with an undisclosed Middle East-based engine specialist, aligning with the group’s ambitious new five-year strategy. This partnership aims to bolster EgyptAir M&E’s capabilities in engine maintenance, repair, and overhaul (MRO) services while expanding its influence in the Middle East aviation market.
Avia Solutions Group (Ireland) has announced the launch of its first Global Services Centre in Manila, marking a significant milestone in its global expansion strategy. The new centre is scheduled to begin operations in January 2025, bringing a wide range of aviation-related services to the Southeast Asian market.
Boeing reported delivering only 13 commercial jets in November 2024, marking a stark decrease compared to the 56 jets handed over in the same month the previous year. The drop highlights ongoing production and operational challenges faced by the aerospace giant.
Arcano Partners (Spain) has announced the successful completion of its second transaction through its investment vehicles Arcano Aviation Fund and Arcano Capital Aviation. The transaction involves the acquisition of two Airbus narrowbody aircraft, both of which are under existing lease agreements with Wizz Air (Hungary).
