SpiceJet, one of India’s leading low-cost carriers, has scored a major legal victory after a division bench of the Delhi High Court dismissed an appeal filed by KAL Airways and former SpiceJet promoter Kalanithi Maran. The appeal sought over $152.7 million in damages along with other claims stemming from past financial and ownership disputes.
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Surf Air Mobility, a leading US-based regional air mobility company, has announced the successful closing and fundingof a new Senior Secured Term Loan provided by Comvest Partners. The facility includes a fully funded $44.5 million term loan, along with a $5.5 million delayed draw term loan earmarked for interest payments during the first 18 months. This financing is expected to bolster Surf…
JAL Group, parent of Japan Airlines, has released its financial results for the fiscal year ending March 31, 2025, showcasing solid performance driven by recovering international demand and robust domestic operations. The group reported revenue of $12.7 billion, up 12% year-over-year.
CDB Aviation, a global aircraft leasing company headquartered in Ireland, has completed a delivery of one Airbus A321neo to Aegean Airlines, marking a continuation of its support for the Greek flag carrier’s fleet modernization. The aircraft was transferred directly from CDB Aviation’s orderbook, underscoring the lessor’s long-term investment in new-generation aircraft.
Air Caraibes (Guadeloupe) has expanded its fleet with the delivery of its fourth ATR72-600, identified by serial number 1705. The aircraft is powered by PW127M engines, known for their reliability and efficiency in regional operations.
American Airlines has received a new Boeing 737-8, bearing serial number 44509, as part of its ongoing fleet expansion strategy.
Deucalion Aviation (UK) has successfully delivered an Airbus A321 to Turkish Airlines on a long-term operating lease, further strengthening its collaboration with the Turkish flag carrier. The aircraft, manufactured in 2012, is equipped with V2527-A5 engines, known for their reliability and efficiency in medium-haul operations.
