GA Telesis (US) has officially inaugurated its new Latin America & Caribbean headquarters, located in San Salvador, El Salvador. This strategic expansion signifies GA Telesis’ commitment to strengthening its presence in the region and underscores the growing importance of Latin America and the Caribbean in the global aviation market.
Please SUBSCRIBE to view the full content.
First month of membership is free!
China Southern Airlines has announced a significant financial turnaround with a net profit of $447 million for the third quarter of 2024. This achievement reflects a steady recovery in the aviation market and is supported by robust passenger demand and strategic operational adjustments. The airline’s Q3 results show that China Southern has successfully capitalized on…
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.
Genesis, an Ireland-based aircraft lessor, has announced the promotion of Denise Byrne from her role as VP of Pricing to Senior Vice President (SVP) of Portfolio Services. This new department will consolidate Genesis’s pricing and risk management activities under a single umbrella, enhancing the company’s focus on effective asset management and strategic financial oversight. Byrne’s…
Renegade Air (Kenya) has expanded its fleet with the delivery of its first ATR42-500, marking a significant step in its regional growth strategy. The aircraft, acquired from Abelo (Ireland), will support the airline’s expanding network across Kenya and East Africa.
Capital A, the Malaysia-based parent company of AirAsia, has announced the promotion of its Chief Financial Officer, Pattra Boosarawongse, to the position of Deputy CEO, effective 1 November 2024. This appointment reflects Capital A’s recognition of Boosarawongse’s contributions and expertise, particularly in financial strategy and organizational leadership. As Deputy CEO, Boosarawongse is expected to play…
EFW (Elbe Flugzeugwerke GmbH), a German aerospace company specializing in freighter conversions, has partnered with MRO Japan to establish Japan’s first conversion site for Airbus narrowbody passenger-to-freighter (P2F) aircraft. This collaboration marks a significant milestone in the expansion of freighter conversion services in Asia, with MRO Japan set to handle the next generation of Airbus P2F conversions.
