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Nordic Aviation Capital Sells Embraer E175 in Partnership with Executive Jet Support

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Nordic Aviation Capital (NAC) has successfully completed the sale of an Embraer E175 in collaboration with Executive Jet Support (UK). This transaction aligns with NAC’s ongoing strategy to optimize its portfolio, focusing on aircraft transitions and remarketing efforts to meet industry demand.

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Azman Air Denies Aircraft Sale to Iran Amid Maintenance-Related Allegations

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Azman Air, a Nigerian airline, has firmly denied allegations that it sold two of its aircraft—a Boeing 737-300 and an Airbus A340-600—to Mahan Air in Iran. The airline clarified that these aircraft were dispatched to Iran solely for C-check maintenance, a routine procedure mandated every 18 months by the Nigeria Civil Aviation Authority (NCAA).

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FTAI Aviation to Redeem Series B Preferred Shares

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FTAI Aviation, headquartered in the Cayman Islands, has announced plans to redeem all outstanding 4,940,000 8.00% Fixed-to-Floating Rate Series B Cumulative Perpetual Redeemable Preferred Shares. The redemption price is set at $25.00 per Series B Share in cash, along with an additional $2.4 million covering accumulated and unpaid distributions.

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Pakistan Receives Single Bid for PIA Stake in Privatization Push

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Pakistan’s government, in its bid to privatize Pakistan International Airlines (PIA), received only one bid from a shortlist of six potential bidders. Blue World City, a major real estate consortium with diversified interests, has emerged as the sole bidder for a 60% stake in PIA. This privatization aligns with Prime Minister Shehbaz Sharif‘s commitments to…

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EFW and MRO Japan Partner for Airbus P2F Conversions in Japan

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EFW (Elbe Flugzeugwerke GmbH), a German aerospace company specializing in freighter conversions, has partnered with MRO Japan to establish Japan’s first conversion site for Airbus narrowbody passenger-to-freighter (P2F) aircraft. This collaboration marks a significant milestone in the expansion of freighter conversion services in Asia, with MRO Japan set to handle the next generation of Airbus P2F conversions.

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United Airlines Takes Delivery of A321neo

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United Airlines (US) has taken delivery of a new Airbus A321neo, identified by serial number 12061. The aircraft is equipped with PW1133G-JM engines, known for their fuel efficiency and low environmental impact. This delivery enhances United Airlines’ commitment to modernizing its fleet with next-generation, fuel-efficient aircraft.