Genesis Promotes Denise Byrne to Lead New SVP Portfolio Services Department

ByAdmin 05/11/202407/11/2024

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 promotion underscores Genesis’s commitment to optimizing its portfolio management capabilities within the competitive aircraft leasing industry.

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Corporation | Financial

CALC Upsizes Inaugural Warehouse Facility to $700 Million with Global Bank Support

ByAdmin 01/04/202502/04/2025

China Aircraft Leasing Group Holdings Limited (CALC), based in Hong Kong, has announced the successful upsizing of its inaugural warehouse facility to US$700 million. This significant financial enhancement is supported by the participation of 20 leading banks from around the world.

Embraer | Lessor | Sale

Nordic Aviation Capital Sells E195 Airframe

ByAdmin 20/03/202521/03/2025

Irish lessor Nordic Aviation Capital (NAC) has executed a sale agreement involving an Embraer E195 airframe with UK-based aviation services provider Avtrade.

Financial

Air T Renegotiates $100M Financing for Crestone Air Partners

ByAdmin 09/06/202510/06/2025

Air T (US) has announced the successful renegotiation of a critical financing agreement involving its wholly owned subsidiary, AAM 24-1. This new transaction has grown to a total of $100 million, aimed at supporting the growth and strategic initiatives of Crestone Air Partners.

Aircraft | ATR | Corporation | Management | Manufacturers

ATR Appoints Marion Smeyers as SVP of Operations and Procurement

ByAdmin 03/04/202506/04/2025

ATR, the Franco-Italian regional aircraft manufacturer, has announced the appointment of Marion Smeyers as its new Senior Vice President of Operations and Procurement, effective 01 May 2025. She will succeed Eric Segura and report directly to Nathalie Tarnaud Laude, CEO of ATR.

Corporation | Quarterly Performance

Triumph Group Posts 1% Sales Increase, $11.9M Net Income for 2Q Fiscal 2025

ByAdmin 12/11/202414/11/2024

Triumph Group, a US-based aerospace systems and components provider, has reported its financial results for the second quarter of fiscal 2025, which ended September 30, 2024. The company achieved a 1% increase in net sales, totaling $287.5 million, and posted net income from continuing operations of $11.9 million. These results reflect Triumph Group’s steady progress in its fiscal strategy, focusing on enhancing…

Corporation | Financial

IAG Invests to Maintain 20% Stake in Air Europa

ByAdmin 12/12/202416/12/2024

International Airlines Group (IAG), headquartered in the UK, has reaffirmed its commitment to its stake in Air Europa, Spain’s prominent airline. The group announced its decision to participate in Air Europa’s capital increase, contributing $16.8 million to the initiative. This move ensures that IAG retains its 20% ownership in the airline, solidifying its strategic position in the Spanish and broader…

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