Estonia has reported delays in its efforts to sell several CRJ900 aircraft formerly operated by Nordica, the state-owned airline, and owned by Transpordi Varahaldus, a public asset management entity. The sale discussions, initially slated for earlier completion, are now expected to extend into June 2024.
ANA Holdings, the parent company of All Nippon Airways, has delayed the effective date for its full acquisition of Nippon Cargo Airlines (NCA) for the seventh time, now setting the new timeline for 1 July 2025. The repeated postponements highlight the complexities involved in integrating a major cargo operator into ANA’s broader corporate structure.
Aircraft Engine Lease Finance (US) has acquired an Airbus A330-200, bearing serial number 1104, from Avolon, a leading aircraft leasing company based in Ireland. The aircraft remains on operating lease with Hawaiian Airlines, and is powered by Rolls-Royce Trent engines, continuing its service within the carrier’s long-haul fleet.
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.
