AerCap Ireland Capital and AerCap Global Aviation Trust, key entities within the global aircraft leasing industry, have successfully priced an offering of junior subordinated notes. The offering amounts to $500 million in aggregate principal, with the notes set to mature in 2056. These notes will carry a fixed-rate reset structure, starting with an initial interest rate of…
CDB Aviation, a prominent global aircraft leasing company based in Ireland, has successfully reached agreements with two of its insurers, Fidelis Insurance (Bermuda) and Ping An Insurance (China), regarding the resolution of claims related to aircraft detained in Russia. Additionally, discussions with another insurer, Chubb (Switzerland), are reported to be in an advanced stage.
Nordic Aviation Capital (NAC), based in Ireland, has successfully finalized lease agreements for two ATR72-600aircraft with Braathens Regional Airways of Sweden. This deal is part of NAC’s strategic efforts to expand its presence in the European market by supporting regional airlines with modern and efficient turboprop aircraft.
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.
StandardAero, a leading provider in the aerospace maintenance, repair, and overhaul (MRO) industry, has announced that two of its significant stockholders, affiliates of The Carlyle Group (US) and GIC Private (Singapore), intend to offer for sale 30,000,000 shares of the company’s common stock in an underwritten secondary offering.
Air Lease Corporation (ALC) and several of its subsidiaries have successfully negotiated settlement agreements with a number of insurers, resulting in a substantial cash inflow of $328.5 million. These settlements are a significant part of ALC’s efforts to recuperate losses stemming from its $791.0 million write-off related to its aircraft interests that were detained in Russia.
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.
US-based aircraft leasing firm Crestone Air Partners has announced the acquisition of two Boeing B737-800 aircraft, including one passenger version leased to UK-based leisure airline TUI, and one Boeing B737-800BCF (Boeing Converted Freighter) leased to Bulgarian operator Compass Air Cargo.
US-based lessor Aviation Capital Group (ACG) has announced the successful delivery of a Boeing B737-8 aircraft to Italian airline Neos. This aircraft represents the second of three B737-8 aircraft scheduled to be delivered to Neos from ACG’s existing order book with Boeing.
US-based Air Lease Corporation has appointed Grant Newman as its new Senior Vice President and Treasurer, effective March 17, 2025. Newman’s appointment is part of Air Lease’s strategic initiative to strengthen its financial management and executive leadership team.
