MMAG Aviation Consortium Establishes MMAG Skyfleet Aircraft Leasing Unit in Labuan

ByAdmin 05/11/202407/11/2024

MMAG Aviation Consortium has secured regulatory approval from Labuan, Malaysia, to establish a subsidiary, MMAG Skyfleet, which will operate as an aircraft leasing unit. This strategic move marks MMAG’s entry into the aircraft leasing industry, allowing the consortium to diversify its aviation operations and cater to the growing demand for leasing services within the region. The creation of MMAG Skyfleet in Labuan, a prominent financial hub, positions MMAG to tap into the lucrative Southeast Asian aviation market.

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Corporation | General Electric | Sale & Lease Back

World Star Aviation Completes GEnx-1B Sale/Leaseback Transaction

ByAdmin 28/01/202530/01/2025

World Star Aviation, a UK-based aviation asset management company, has announced the successful completion of a sale/leaseback transaction for a GEnx-1B engine. This transaction underscores the company’s expertise in structuring tailored leasing solutions for the aviation industry.

Corporation | Financial | Lessor

CALC Assigned Ag- Credit Rating with Stable Outlook

ByAdmin 01/01/202503/01/2025

China Aircraft Leasing Group Holdings Limited (CALC) has been awarded its first-ever long-term credit rating, achieving an Ag- grade with a stable outlook. This recognition comes from the China Chengxin (Asia Pacific) Credit Ratings Company, a prominent credit assessment agency renowned for evaluating financial institutions in the Asia-Pacific region.

Corporation | Management

Deutsche Aircraft Appoints Nico Neumann as Co-CEO

ByAdmin 09/12/202411/12/2024

Deutsche Aircraft (Germany) has announced a significant leadership change, appointing Nico Neumann as Co-CEO, effective immediately. Neumann will share the executive role with the company’s current CEO, Dave Jackson, as Deutsche Aircraft strengthens its leadership team to support its strategic goals.

SkyUp MT to Wet Lease Four Aircraft from Fly2Sky

ByAdmin 22/11/202425/11/2024

SkyUp MT (Malta) has announced plans to expand its fleet through a wet lease agreement with Fly2Sky (Bulgaria). The agreement includes two Airbus A321s, identified by serial numbers 1932 and 1960, for operations during winter 2024/25 and summer 2025. These aircraft will join two Airbus A320s, with serial numbers 3055 and 3461, which are already wet-leased from the same carrier.

Airlines | Corporation | Management

Capital A Appoints Pattra Boosarawongse as Deputy CEO

ByAdmin 05/11/202407/11/2024

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…

Leasing | Management | Sale

BOC Aviation Expands Paul Kent’s Role as Chief Commercial Officer

ByAdmin 14/01/202514/01/2025

BOC Aviation (Singapore) has expanded the responsibilities of Paul Kent, its Chief Commercial Officer (CCO), to include oversight of the company’s global airline leasing and sales teams. This expansion consolidates the leasing and sales functions in the Asia-Pacific and Middle East regions under his leadership, integrating them with his existing responsibilities.

Corporation | General Electric | Sale & Lease Back

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