StandardAero Share Sale by Carlyle Group and GIC Private

ByAdmin 25/03/202527/03/2025

StandardAero, a leading provider in the aerospace maintenance, repair, and overhaul (MRO) industry, has announced that two of its significant stockholders, affiliates of The Carlyle Group (US) and GIC Private (Singapore), intend to offer for sale 30,000,000 shares of the company’s common stock in an underwritten secondary offering.

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Airbus | Corporation | Manufacturers

Airbus Reports October 2024 Order Book Updates with New A320neo and A321neo Orders

ByAdmin 13/11/202414/11/2024

Airbus has updated its order book for October 2024, reflecting several new orders within its A320neo family. The changes include an order for one A321neo from American Airlines and two separate orders for five and ten A320neosfrom undisclosed customers. Additionally, a private customer placed an order for one A320neo. These orders continue to reinforce the popularity of Airbus’s A320neo family, known for its fuel efficiency and suitability for various…

Airlines | Flag Carrier | Governments | Sale

Canadian Government Sells Air Canada Stake

ByAdmin 16/12/202417/12/2024

The Canadian government has reportedly sold its 6% stake in Air Canada, which it had acquired in 2021 for $350 million as part of a bailout package to support the airline during the COVID-19 pandemic. This move marks a significant development in the relationship between the government and the nation’s flagship carrier.

Corporation | Management

BOC Aviation Appoints Wen Lan as Chief Financial Officer

ByAdmin 04/03/202505/03/2025

BOC Aviation, a leading Singapore-based global aircraft leasing company, has announced the appointment of Wen Lanas its new Chief Financial Officer (CFO), effective March 1, 2025. She succeeds Wu Jianguang, who is retiring after a tenure overseeing the company’s financial operations.

AerCap Delays Boeing and Airbus Deliveries Amid Supply Chain Challenges

ByAdmin 01/11/202404/11/2024

AerCap, a global leader in aircraft leasing headquartered in Ireland, has announced delays in the delivery schedules of several Boeing and Airbus aircraft due to recent production disruptions. Ongoing labor strikes at Boeing have led AerCap to postpone deliveries of eight Boeing aircraft initially slated for 2024, with their delivery now deferred into 2025 and…

Corporation

Lilium’s Assets Acquired by Mobile Uplift Corporation

ByAdmin 26/12/202402/01/2025

Lilium GmbH, the German electric aircraft startup known for developing the Lilium Jet, has entered into an asset purchase agreement with Mobile Uplift Corporation GmbH, a consortium of investors from Europe and North America. This development follows Lilium’s recent financial challenges, culminating in the cessation of operations and the layoff of approximately 1,000 workers on December 20, 2024.

Airlines | Corporation | Management

Capital A Appoints Pattra Boosarawongse as Deputy CEO

ByAdmin 05/11/202407/11/2024

Capital A, the Malaysia-based parent company of AirAsia, has announced the promotion of its Chief Financial Officer, Pattra Boosarawongse, to the position of Deputy CEO, effective 1 November 2024. This appointment reflects Capital A’s recognition of Boosarawongse’s contributions and expertise, particularly in financial strategy and organizational leadership. As Deputy CEO, Boosarawongse is expected to play…

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