Phoenix Aviation Capital (Ireland) and AIP Capital (US) have announced the closing of a Pre-Delivery Payment (PDP) financing facility to support Phoenix’s order of 30 Boeing 737-8 aircraft. The facility will provide up to US$300 million in total commitments and will be used to fund required down payments prior to aircraft delivery.
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Finnair, the national carrier of Finland, has received export credit support exceeding US$105 million to finance its 18th Airbus A350-900. The funding, facilitated by the export credit agencies of Germany, France, and the UK, underscores international confidence in the airline’s operational and financial stability. The aircraft, identified as serial 708, was financed through an arrangement led by Citibank Europe (UK).
Transavia, the Dutch low-cost carrier, has taken delivery of an Airbus A321neo, identified by serial number 12287. The aircraft is powered by LEAP-1A30 engines, manufactured by CFM International, further supporting Transavia’s fleet modernization and operational efficiency goals.
easyJet Switzerland, a subsidiary of the renowned low-cost carrier easyJet, has recently taken delivery of a new Airbus A320 aircraft. This aircraft, with the serial number 7410, is equipped with CFM56-5B4/3 engines, a choice known for its reliability and efficiency in the single-aisle jet category.
Air France-KLM, the Franco-Dutch airline group, reported a 6.4% increase in fourth-quarter (4Q) 2024 revenues, reaching US$8.4 billion. Despite this revenue growth, the group recorded a net loss of US$22.4 million for the quarter. For the full year 2024, Air France-KLM achieved a 4.8% rise in revenues, totaling US$33.7 billion, with a net income of US$523.5 million. As of December 31, 2024, the group’s cash position stood at US$10…
World Star Aviation (UK) has successfully delivered two CFM56-7B engines on lease to Turkish Airlines and Go2Sky (Slovakia), further strengthening its presence in the engine leasing market. Additionally, the company has novated a CFM56-5B engine lease to Croatia Airlines, ensuring continued support for airline fleet operations.
Korean airline T’Way Air has announced an expansion of its European network starting April 2025, with additional flights and the introduction of Boeing 777-300ER aircraft on certain routes. Flights from Seoul Incheon to Frankfurt will increase from four to seven weekly by the end of May, operated with the Airbus A330-200. Additionally, T’Way will upgrade…
