Clover Aviation Capital has announced a $500 million unsecured revolving credit facility with Mizuho Bank, an increase from its previous $300 million facility.
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Vietnam Airlines is seeking to bolster its financial standing through a proposed share issuance plan aimed at raising capital from existing shareholders. Lawmakers in Vietnam are currently evaluating options to facilitate this initiative, which could significantly strengthen the national carrier’s fiscal resilience and operational capabilities.
FL Technics Indonesia, a leading provider of aircraft maintenance services in the Asia-Pacific region, has achieved a significant milestone by obtaining certification from the Civil Aviation Safety Authority (CASA) of Australia. This certification enables the company to provide maintenance services in compliance with Australian aviation standards.
Pegasus Airlines, a prominent low-cost carrier from Turkiye, has reported a 19% increase in net profit for the third quarter of 2024, totaling $322 million. However, despite the strong quarterly performance, the airline’s net profit for the first nine months of 2024 saw a slight decline, falling 3% to $332 million. These figures reflect Pegasus Airlines’ adaptability and focus on profitability, even amidst…
ACC Aviation (UK) has announced the appointment of Alan Jordan as Chairman, a strategic move that follows the company’s transition to an Employee Ownership Trust (EOT). This leadership change aims to reinforce ACC Aviation’s long-term growth strategy and align with its employee-driven operational model.
StandardAero (US) has announced that its San Antonio engine overhaul center has secured maintenance organization approval from the Civil Aviation Administration (CAA) of China for the LEAP-1A and LEAP-1Bturbofan engines. This approval is a significant milestone, enabling StandardAero to perform maintenance, repair, and overhaul (MRO) services for Chinese operators using these advanced engines.
StandardAero, a leading aerospace maintenance and repair organization (MRO) based in the US, has reported a 13.2% year-over-year increase in revenue for the third quarter (Q3) of 2024, reaching $1.24 billion. The company also posted a net income of $16.4 million, reflecting its ability to sustain profitability while managing operational growth. Capital expenditures (CapEx) during the quarter amounted to $25.3 million, while cash reserves…
Vietnam Airlines is seeking to bolster its financial standing through a proposed share issuance plan aimed at raising capital from existing shareholders. Lawmakers in Vietnam are currently evaluating options to facilitate this initiative, which could significantly strengthen the national carrier’s fiscal resilience and operational capabilities.
FL Technics Indonesia, a leading provider of aircraft maintenance services in the Asia-Pacific region, has achieved a significant milestone by obtaining certification from the Civil Aviation Safety Authority (CASA) of Australia. This certification enables the company to provide maintenance services in compliance with Australian aviation standards.
Pegasus Airlines, a prominent low-cost carrier from Turkiye, has reported a 19% increase in net profit for the third quarter of 2024, totaling $322 million. However, despite the strong quarterly performance, the airline’s net profit for the first nine months of 2024 saw a slight decline, falling 3% to $332 million. These figures reflect Pegasus Airlines’ adaptability and focus on profitability, even amidst…
ACC Aviation (UK) has announced the appointment of Alan Jordan as Chairman, a strategic move that follows the company’s transition to an Employee Ownership Trust (EOT). This leadership change aims to reinforce ACC Aviation’s long-term growth strategy and align with its employee-driven operational model.
StandardAero (US) has announced that its San Antonio engine overhaul center has secured maintenance organization approval from the Civil Aviation Administration (CAA) of China for the LEAP-1A and LEAP-1Bturbofan engines. This approval is a significant milestone, enabling StandardAero to perform maintenance, repair, and overhaul (MRO) services for Chinese operators using these advanced engines.
StandardAero, a leading aerospace maintenance and repair organization (MRO) based in the US, has reported a 13.2% year-over-year increase in revenue for the third quarter (Q3) of 2024, reaching $1.24 billion. The company also posted a net income of $16.4 million, reflecting its ability to sustain profitability while managing operational growth. Capital expenditures (CapEx) during the quarter amounted to $25.3 million, while cash reserves…
Vietnam Airlines is seeking to bolster its financial standing through a proposed share issuance plan aimed at raising capital from existing shareholders. Lawmakers in Vietnam are currently evaluating options to facilitate this initiative, which could significantly strengthen the national carrier’s fiscal resilience and operational capabilities.
FL Technics Indonesia, a leading provider of aircraft maintenance services in the Asia-Pacific region, has achieved a significant milestone by obtaining certification from the Civil Aviation Safety Authority (CASA) of Australia. This certification enables the company to provide maintenance services in compliance with Australian aviation standards.
Pegasus Airlines, a prominent low-cost carrier from Turkiye, has reported a 19% increase in net profit for the third quarter of 2024, totaling $322 million. However, despite the strong quarterly performance, the airline’s net profit for the first nine months of 2024 saw a slight decline, falling 3% to $332 million. These figures reflect Pegasus Airlines’ adaptability and focus on profitability, even amidst…
ACC Aviation (UK) has announced the appointment of Alan Jordan as Chairman, a strategic move that follows the company’s transition to an Employee Ownership Trust (EOT). This leadership change aims to reinforce ACC Aviation’s long-term growth strategy and align with its employee-driven operational model.
StandardAero (US) has announced that its San Antonio engine overhaul center has secured maintenance organization approval from the Civil Aviation Administration (CAA) of China for the LEAP-1A and LEAP-1Bturbofan engines. This approval is a significant milestone, enabling StandardAero to perform maintenance, repair, and overhaul (MRO) services for Chinese operators using these advanced engines.
StandardAero, a leading aerospace maintenance and repair organization (MRO) based in the US, has reported a 13.2% year-over-year increase in revenue for the third quarter (Q3) of 2024, reaching $1.24 billion. The company also posted a net income of $16.4 million, reflecting its ability to sustain profitability while managing operational growth. Capital expenditures (CapEx) during the quarter amounted to $25.3 million, while cash reserves…
