JetBlue has sold its corporate venture capital division, JetBlue Ventures, to SKY Leasing, a U.S.-based aircraft leasing company. This strategic move is part of JetBlue’s broader plan to refocus on its core airline business amid its ongoing efforts to return to profitability.
Air Premia, the South Korean hybrid airline, is undergoing a significant ownership change following the announcement that Tire Bank, a South Korean tire distribution and retail group, will assume control of the carrier. Tire Bank, acting through its affiliate AP Holdings, will raise its shareholding in Air Premia to 68% after acquiring an additional 22% stake from existing investors JC Partners and Sono Hospitality.
Aviation Capital Group (ACG), a prominent U.S.-based aircraft lessor, has announced the signing of a definitive agreement with Avolon Aerospace Leasing of Ireland to acquire a portfolio of 20 aircraft. The deal includes 16 narrowbody and 4 widebody aircraft currently on lease to 17 airlines across 16 countries, further diversifying ACG’s global leasing footprint.
China Southern Airlines has announced that its controlling shareholder, China Southern Air Holding, along with its affiliated subsidiaries, has committed to a shareholding freeze that will remain in effect for 18 months. This move is designed to strengthen investor confidence and signal long-term commitment to the airline’s strategic direction.
Boeing has reached a definitive agreement to divest several prominent assets within its Digital Aviation Solutionsbusiness to private equity firm Thoma Bravo, marking a significant strategic shift in the aerospace giant’s portfolio. The all-cash deal, valued at $10.5 billion, encompasses a wide range of digital assets including Jeppesen, ForeFlight, AerData, and OzRunways.
SpiceJet has encountered a regulatory setback as India’s capital market regulator declined a request by the Elara India Opportunities Fund (Mauritius) to convert warrants worth over US$46.8 million into equity shares. The Securities and Exchange Board of India (SEBI) cited non-compliance with beneficial ownership disclosure requirements as the basis for its decision.
Korea Express Air, a South Korean regional airline, is anticipated to be put up for sale as it navigates ongoing management and financial difficulties. The carrier has been under corporate rehabilitation procedures since October 2024, and its stakeholders are now considering strategic options, including a full sale, to stabilize the business.
Asiana Cargo, the cargo division of South Korea’s Asiana Airlines, is in the final stages of its acquisition by Air Incheon, marking a pivotal moment in the consolidation of the country’s air freight market. Following regulatory approvals by the Ministry of Land, Infrastructure and Transport (MLIT), the unified cargo airline is expected to officially launch in July 2025.
China Southern Airlines, one of the largest carriers in Asia, has suspended the planned sale of 10 Boeing B787-8 aircraft, citing the escalating trade tensions between China and the United States. The decision underscores how geopolitical dynamics are increasingly influencing commercial aviation transactions.
Nordic Aviation Capital (Ireland) has finalized the sale of two ATR72-600 aircraft to fellow Irish-based lessor AviaAM Leasing, continuing a broader trend of portfolio realignments among regional aircraft leasing firms. The transaction further consolidates AviaAM’s presence in the turboprop leasing market and supports its growing customer base in regional operations.
