Germany-based MTU Aero Engines has announced the extension of Chief Operating Officer (COO) Silke Maurer‘s contract for an additional five years, now valid through the end of January 2031.
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Chorus Aviation (Canada) has finalized the sale of its Regional Aircraft Leasing segment, including Falko (UK), to HPS Investment Partners (US). The transaction represents a significant strategic shift for Chorus as it focuses on its core operations and streamlines its corporate structure.
Avolon Holdings Limited, a leading global aviation finance company, has announced the pricing of a $1.5 billion private offering by its wholly owned subsidiary, Avolon Holdings Funding Limited. The offering consists of two tranches: $850 million of 4.95% senior unsecured notes due in 2028, and $650 million of 5.15% senior unsecured notes due in 2030.
Sundair, a German airline, has announced it will withdraw its operations from Lübeck Airport, where it previously based one aircraft. This decision marks a strategic shift for the airline, which has been serving Lübeck as part of its regional route network. The withdrawal is expected to impact travelers using Lübeck Airport for direct Sundair flights, as the airline…
Thai Airways International faces strong opposition from its labor union and creditors regarding a proposed amendment to its business rehabilitation plan. The amendment seeks to add two government officials as administrators of the airline’s rehabilitation process, a move that has stirred concerns among stakeholders. Both the labor union and creditors argue that appointing government officials as administrators could influence the airline’s management and…
Arik Air, one of Nigeria’s prominent airlines, has publicly denied claims made by the Asset Management Corporation of Nigeria (AMCON) regarding an alleged debt of $292 million owed to the corporation. The shareholders’ statement comes just two days after AMCON announced that liquidation of the airline remains a possible option.
Crestone Air Partners, Inc. (CAP) has welcomed Alan Kehoe as Vice President of Marketing & Trading. Kehoe brings a wealth of experience in aviation leasing and trading, previously holding prominent roles such as Director of Aircraft and Engine Trading at AerSale, Inc., and Vice President of Origination at Aquila Air Capital. His appointment strengthens Crestone’s…
Chorus Aviation (Canada) has finalized the sale of its Regional Aircraft Leasing segment, including Falko (UK), to HPS Investment Partners (US). The transaction represents a significant strategic shift for Chorus as it focuses on its core operations and streamlines its corporate structure.
Avolon Holdings Limited, a leading global aviation finance company, has announced the pricing of a $1.5 billion private offering by its wholly owned subsidiary, Avolon Holdings Funding Limited. The offering consists of two tranches: $850 million of 4.95% senior unsecured notes due in 2028, and $650 million of 5.15% senior unsecured notes due in 2030.
Sundair, a German airline, has announced it will withdraw its operations from Lübeck Airport, where it previously based one aircraft. This decision marks a strategic shift for the airline, which has been serving Lübeck as part of its regional route network. The withdrawal is expected to impact travelers using Lübeck Airport for direct Sundair flights, as the airline…
Thai Airways International faces strong opposition from its labor union and creditors regarding a proposed amendment to its business rehabilitation plan. The amendment seeks to add two government officials as administrators of the airline’s rehabilitation process, a move that has stirred concerns among stakeholders. Both the labor union and creditors argue that appointing government officials as administrators could influence the airline’s management and…
Arik Air, one of Nigeria’s prominent airlines, has publicly denied claims made by the Asset Management Corporation of Nigeria (AMCON) regarding an alleged debt of $292 million owed to the corporation. The shareholders’ statement comes just two days after AMCON announced that liquidation of the airline remains a possible option.
Crestone Air Partners, Inc. (CAP) has welcomed Alan Kehoe as Vice President of Marketing & Trading. Kehoe brings a wealth of experience in aviation leasing and trading, previously holding prominent roles such as Director of Aircraft and Engine Trading at AerSale, Inc., and Vice President of Origination at Aquila Air Capital. His appointment strengthens Crestone’s…
Chorus Aviation (Canada) has finalized the sale of its Regional Aircraft Leasing segment, including Falko (UK), to HPS Investment Partners (US). The transaction represents a significant strategic shift for Chorus as it focuses on its core operations and streamlines its corporate structure.
Avolon Holdings Limited, a leading global aviation finance company, has announced the pricing of a $1.5 billion private offering by its wholly owned subsidiary, Avolon Holdings Funding Limited. The offering consists of two tranches: $850 million of 4.95% senior unsecured notes due in 2028, and $650 million of 5.15% senior unsecured notes due in 2030.
Sundair, a German airline, has announced it will withdraw its operations from Lübeck Airport, where it previously based one aircraft. This decision marks a strategic shift for the airline, which has been serving Lübeck as part of its regional route network. The withdrawal is expected to impact travelers using Lübeck Airport for direct Sundair flights, as the airline…
Thai Airways International faces strong opposition from its labor union and creditors regarding a proposed amendment to its business rehabilitation plan. The amendment seeks to add two government officials as administrators of the airline’s rehabilitation process, a move that has stirred concerns among stakeholders. Both the labor union and creditors argue that appointing government officials as administrators could influence the airline’s management and…
Arik Air, one of Nigeria’s prominent airlines, has publicly denied claims made by the Asset Management Corporation of Nigeria (AMCON) regarding an alleged debt of $292 million owed to the corporation. The shareholders’ statement comes just two days after AMCON announced that liquidation of the airline remains a possible option.
Crestone Air Partners, Inc. (CAP) has welcomed Alan Kehoe as Vice President of Marketing & Trading. Kehoe brings a wealth of experience in aviation leasing and trading, previously holding prominent roles such as Director of Aircraft and Engine Trading at AerSale, Inc., and Vice President of Origination at Aquila Air Capital. His appointment strengthens Crestone’s…
