Maverick Horizon, a Dublin-based aviation investment and trading firm, has announced the appointment of Matvey Koloturskiy as Senior Vice President of Trading and Portfolio Development. Koloturskiy will also continue to serve in his existing role as Deputy CEO of the company’s parent, Vector Group, headquartered in Israel.
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SMBC Aviation Capital Finance, a subsidiary of SMBC Aviation Capital based in Ireland, has successfully completed the sale of US$500 million in five-year senior unsecured notes, priced at a principal rate of 5.10%. The offering represents a major financing initiative for the aircraft leasing group as it continues to expand and optimize its capital structure.
Capital A, the parent company of AirAsia, has taken a major step forward in its corporate restructuring process by issuing a Circular to Shareholders that outlines its Proposed Regularisation Plan. The plan includes a capital reduction of up to $1.3 billion, which aims to facilitate the company’s exit from Practice Note 17 (PN17) status on the Bursa Malaysia stock exchange.
Frontier Airlines pilots, represented by the Air Line Pilots Association (ALPA), have overwhelmingly voted in favor of authorizing a strike amid ongoing contract negotiations.
Azul Cargo Express, the cargo division of Azul Airlines in Brazil, has bolstered its fleet with the arrival of its second A321P2F (Passenger to Freighter) aircraft, serial number 2759. Leased from AerCap, an Ireland-based global leader in aviation leasing, this newly converted freighter is scheduled to enter service by February 2025. The A321P2F offers a robust and flexible solution for Azul Cargo Express…
Aergo Capital has announced the promotion of Catherine Power to the role of Chief Legal Officer, marking a key step in the lessor’s ongoing efforts to strengthen its internal leadership structure. This appointment reflects the company’s confidence in Power’s legal acumen and long-standing contribution to Aergo’s strategic and regulatory affairs.
Air India has announced a leadership transition as Klaus Goersch, the airline’s Chief Operating Officer (COO), will step down in January 2025. Klaus will assume the role of Executive Vice President (EVP) and COO at Atlas Air Worldwide Holdings (US). His successor will be Basil Kwak, a senior executive from Vistara, marking another significant personnel movement within the Tata Group’s aviation ventures.
