Deucalion Aviation, a leading aircraft asset management company based in the UK, has appointed Nate Riggs as its new Chief Commercial Officer (CCO), effective in early 2025.
Please SUBSCRIBE to view the full content.
First month of membership is free!
Air Transport Services Group (ATSG), a prominent U.S.-based provider of air cargo and leasing services, has entered into a definitive agreement to be acquired by investment firm Stonepeak in an all-cash transaction valued at approximately $3.1 billion. The deal, which is expected to close in the first half of 2025, will result in ATSG transitioning…
Aquila Air Capital, a US-based aircraft leasing and financing company, has announced that Wafra, an investment firm headquartered in the US, has completed the acquisition of its platform from private equity firm Warburg Pincus. This transaction marks a significant shift in ownership and highlights continued investor confidence in the aviation finance sector.
IAG CEO Luis Gallego has not yet confirmed whether the group will take part in Globalia’s proposed capital increase for Air Europa, aimed at strengthening the Spanish airline’s financial stability. This potential investment would enhance Air Europa’s fiscal resilience, particularly valuable as the airline seeks to recover from recent economic challenges and compete effectively within Europe.
Air China and Cathay Pacific have established a New Framework Agreement to expand collaborative transactionsand deepen their strategic relationship. The agreement aims to extend cooperation beyond traditional codeshare and interline partnerships to include a broader scope involving their 30%-controlled corporations and shared ventures.
Bombardier has announced the resolution of its long-standing lawsuit against Honeywell International (US). Initially filed in 2016 in the Superior Court of Quebec, the dispute has now been settled through an agreement whose terms remain confidential.
Alma Air, a new Colombian airline preparing for its official launch in the first quarter of 2025, has appointed Rupert Stebbings as Chief Executive Officer, effective immediately. Previously serving as Chief Commercial Officer (CCO), Stebbings will now lead the company’s overall strategic direction while continuing to oversee its commercial strategy. This dual role reflects Alma…
