MTU Aero Engines, Germany’s leading aircraft engine manufacturer, has updated its financial projections, raising its 2025 revenue forecast to between $9.9 and $10.1 billion. The company also released its initial 2030 outlook, anticipating a strong trajectory for growth driven by expanding engine aftermarket services and production ramp-ups.
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Surf Air Mobility, a U.S.-based regional air travel and electric aviation company, has announced that Sudhin Shahani, its Co-Founder and Board Member, has made a significant equity purchase directly from the company. The transaction, valued at approximately $1 million, involved the acquisition of 408,163 shares of common stock at market price.
AE Industrial Partners has announced the successful closing of its second aerospace leasing fund, AE Industrial Partners Aerospace Leasing Fund II, with total capital commitments reaching $418 million. This figure exceeded initial expectations, marking the fund as oversubscribed, and indicating strong investor interest in aviation-related assets despite ongoing volatility in global financial markets.
Abra Group (UK) continues to express interest in SKY Airline (Chile), with the option to convert an existing loan into shares. This arrangement provides the Group with a potential future stake in the Chilean low-cost carrier, reinforcing its presence in the South American market.
Fitch Ratings has downgraded the long-term credit rating of Spirit Airlines from ‘CCC’ to ‘CC’, signaling heightened financial distress and the likelihood of a near-term default. This latest downgrade places Spirit Airlines below other low-cost carriers (LCCs) in North America, reflecting concerns about the airline’s financial stability.
AerFin, a UK-based aviation services and asset management company, has successfully finalized the sale of a CFM56-7B engine to an undisclosed US customer. This transaction underlines AerFin’s commitment to providing high-quality engines and supporting the growing demand for serviceable aircraft components in the secondary market.
United Airlines, a major carrier in the US, has recently enhanced its fleet with the acquisition of a new A321neo, serial number 12217, equipped with PW1133G-JM engines. This addition is part of United’s ongoing strategy to modernize its fleet with more efficient and environmentally friendly aircraft.
