HALO AirFinance (US) has announced the successful closing of a mezzanine loan transaction in collaboration with Sumitomo Mitsui Banking Corporation (Japan), secured by a Boeing 747-8F freighter. The deal supports a US-based air cargo operator and highlights continued interest in structured aircraft financing solutions for widebody freighter assets.
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Air Tanzania is set to expand its network with the launch of a new route between Dar es Salaam and Johannesburg, scheduled to commence on November 30, 2024. The airline will operate this route with a Boeing 737-9, a model known for its fuel efficiency and passenger comfort, supporting Air Tanzania’s goal to provide a…
I Fly Airlines (Russia) has reported a significant threefold increase in revenue for the first quarter of 2025, reaching over US$23 million, largely driven by the ongoing wet lease of three A330 aircraft to fellow Russian carrier Aeroflot. This leasing arrangement has provided a stable revenue stream for I Fly and underscores the growing interdependence between carriers in the Russian market as…
Qazaq Air, a regional airline based in Kazakhstan, has announced the arrival of new ownership following the sale of a 51% stake by the national welfare fund Samruk-Kazyna. The new majority stakeholders include Sovico Group from Vietnam and Kazasia Holdings from Kazakhstan. This pivotal move marks a significant milestone in the airline’s growth and expansion strategy.
Batik Air Malaysia has announced plans to inaugurate nonstop service between Kuala Lumpur and Sapporo, starting 3 July 2025. The new international route will be operated using Boeing 737-800 aircraft and marks the airline’s expansion into Japan’s northern island of Hokkaido.
SMBC Aviation Capital (Ireland) CEO Peter Barrett has expressed concerns over persistent delays in aircraft deliveries from Boeing and Airbus. According to Barrett, these delays are affecting nearly every aircraft delivery. However, he noted that enginemakers have made slight improvements in addressing their operational challenges.
Crestone Air Partners, a U.S.-based aviation investment firm, has announced the acquisition of a Boeing 737-800, currently on lease with MIAT Mongolian Airlines. The aircraft, obtained from a securitization managed by Castlelake, underscores Crestone’s strategy to invest in high-demand aircraft assets that support regional and international airlines.
