Fitch Ratings (US) has assigned A-1 Notes ‘Asf (EXP)’ and B-1 Notes ‘A-sf (EXP)’ ratings to AASET 2025-1, a securitization backed by lease payments and disposition proceeds from a pool of 23 passenger aircraft. These aircraft are operated by third-party lessees, ensuring diversified exposure across multiple carriers.
Please SUBSCRIBE to view the full content.
First month of membership is free!
HAECO Group, a leading provider of aircraft maintenance, repair, and overhaul (MRO) services, has signed a Memorandum of Understanding (MOU) with Shanghai Aircraft Customer Service Co. Ltd. (SACSC), a subsidiary of the Commercial Aircraft Corporation of China (COMAC). This partnership is set to expand maintenance capabilities for COMAC’s ARJ21 and C919 aircraft platforms, providing comprehensive…
Air New Zealand has reported a net profit of $126 million for the financial year ending June, representing a decline from the $146 million achieved in the prior year. The fall in profitability was driven largely by prolonged engine maintenance challenges, which left as many as 11 aircraft grounded at peak times, significantly straining operations and highlighting the central role of engine…
Clover Aviation Capital (Hong Kong) has announced the appointment of Luke Liberda as its new Head of Legal, succeeding Harvey Lau, who recently retired from his position as General Counsel and Head of Legal. This leadership transition marks a new chapter for Clover Aviation Capital’s legal team as it continues to support the company’s operations and strategic growth.
Falko, a UK-based aircraft asset manager focused on regional aircraft, has disclosed its second-quarter 2025 portfolio activity, highlighting ongoing leasing and sales efforts across its global customer base. As of 30 June 2025, Falko’s managed fleet stood at 211 aircraft, leased to 37 customers in various regions worldwide.
Breeze Airways, a U.S.-based low-cost carrier, has reported its first-ever full quarter of operating profit in Q4 2024, marking a significant milestone in its growth trajectory. The airline generated over $200 million in revenue for the quarter, achieving an operating margin exceeding 4%.
Airbus is reportedly close to signing a definitive agreement with Spirit AeroSystems (US) for the acquisition of Airbus-related work packages. The deal is expected to be finalized within the next few days, as Spirit prepares for its pending takeover by Boeing. This agreement could redefine the competitive landscape in the aerospace sector, with Montana Aerospace (US) emerging as a potential bidder for the divested packages.
