Lilium Appoints KPMG for Transparent M&A Process to Drive Fresh Investment

ByAdmin 05/11/202407/11/2024

Lilium, a German aviation company specializing in all-electric vertical takeoff and landing (eVTOL) aircraft, has appointed KPMG in the Netherlands to oversee a transparent and structured mergers and acquisitions (M&A) process. This initiative is part of Lilium’s strategic focus on securing new investment following a recent restructuring, as the company aims to advance the development of its flagship Lilium Jet. Investor briefings are set to begin soon, underscoring Lilium’s commitment to re-emerging stronger and moving forward with its certification and entry-into-service (EIS) goals.

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Corporation | Engines | Financial | General Electric | Transactions

Mesa Air Group Sells 23 Engines and Reduces Treasury Debt

ByAdmin 16/10/202416/10/2024

Mesa Air Group has announced the successful sale of 23 CF34-8C engines, generating total proceeds of $33.5 million.

SkyWest Expands Fleet with CRJ550 and E175 Aircraft Under United Airlines Partnership

ByAdmin 01/11/202404/11/2024

SkyWest Airlines, a regional U.S. carrier, has entered a multi-year agreement with United Airlines to bolster its fleet with 40 CRJ550 aircraft. This deal includes SkyWest acquiring 11 used CRJ550s and converting 29 of its existing CRJ700s to the CRJ550 configuration, an industry-first regional jet model tailored to provide a spacious, enhanced passenger experience. Additionally,…

Corporation | Financial | Lessor

AerCap Prices $500 Million Junior Subordinated Notes Offering Due 2056

ByAdmin 26/03/202531/03/2025

AerCap Ireland Capital and AerCap Global Aviation Trust, key entities within the global aircraft leasing industry, have successfully priced an offering of junior subordinated notes. The offering amounts to $500 million in aggregate principal, with the notes set to mature in 2056. These notes will carry a fixed-rate reset structure, starting with an initial interest rate of…

Corporation | Financial

Dubai Aerospace Enterprise Reports Strong 2024 Financial Performance

ByAdmin 06/02/202513/02/2025

Dubai Aerospace Enterprise (DAE) has reported its full-year 2024 financial results, showing solid revenue growth and increased profitability. The company posted total revenue of $1.42 billion, while profit before tax reached $532.3 million, demonstrating strong financial resilience. As of December 31, 2024, DAE’s available liquidity stood at $3.78 billion, reinforcing its financial stability and investment capacity.

Cargo | Corporation | Financial | Investor

Stonepeak to Acquire Air Transport Services Group in $3.1 Billion Deal

ByAdmin 04/11/202406/11/2024

Air Transport Services Group (ATSG), a prominent provider of air cargo and aircraft leasing services in the U.S., is set to be acquired by Stonepeak, a leading investment firm, in a transaction valued at approximately $3.1 billion, including debt. This acquisition marks a significant expansion of Stonepeak’s presence in the aviation sector, particularly in cargo…

Corporation | Engines | Manufacturers | Pratt & Whitney

Pratt & Whitney to Open European Innovation Center in Netherlands

ByAdmin 24/01/202529/01/2025

Pratt & Whitney, a leading aerospace manufacturer based in the United States, has announced plans to establish a European Technology and Innovation Center in the Netherlands. The center is dedicated to developing cutting-edge technologies aimed at advancing energy efficiency and sustainable aviation.

Corporation | Engines | Financial | General Electric | Transactions

Mesa Air Group Sells 23 Engines and Reduces Treasury Debt

ByAdmin 16/10/202416/10/2024

Mesa Air Group has announced the successful sale of 23 CF34-8C engines, generating total proceeds of $33.5 million.

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