Stonepeak to Acquire Air Transport Services Group in $3.1 Billion Deal

ByAdmin 04/11/202406/11/2024

Air Transport Services Group (ATSG), a prominent provider of air cargo and aircraft leasing services in the U.S., is set to be acquired by Stonepeak, a leading investment firm, in a transaction valued at approximately $3.1 billion, including debt. This acquisition marks a significant expansion of Stonepeak’s presence in the aviation sector, particularly in cargo and leasing services, which are in high demand in the current logistics market.

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Airbus | Corporation | Part Out

Unical Aviation Launches Industry’s First A320neo Disassembly Program

ByAdmin 03/04/202503/04/2025

Unical Aviation, based in the US, has embarked on a groundbreaking initiative by acquiring a fleet of A320neoairframes, setting up the industry’s first dedicated disassembly program for Airbus’s neo-family aircraft. The disassembly operations will be conducted by ecube, a specialist in aircraft end-of-life solutions, located in the UK. These operations are scheduled to commence in April 2025.

Airlines | Embraer | Financial

Mexicana Costs Taxpayers Over $1.72 Billion in First Year

ByAdmin 28/01/202529/01/2025

Mexicana, Mexico’s revived flag carrier, has reportedly cost taxpayers more than $1.72 billion during its first year of operations, as disclosed by a government agency. This figure includes expenses related to the purchase of 20 Embraer E2 aircraft, part of the airline’s fleet modernization strategy.

Corporation

Boeing Considers Selling Parts of Space Business, Excluding NASA’s SLS Unit

ByAdmin 27/10/202428/10/2024

Boeing is reportedly exploring the possibility of selling parts of its space division as part of a strategic evaluation of its portfolio, according to industry sources.

Corporation | Freighter | Freighter Conversion | Lessor | MRO

Hanwha Aviation Considers Freighters and MRO Expansion

ByAdmin 05/03/202507/03/2025

Hanwha Aviation, a South Korean aircraft lessor, is considering adding freighters to its leasing portfolio and developing Maintenance, Repair, and Overhaul (MRO) capabilities as part of its long-term growth strategy. The company is assessing market opportunities to expand its presence in the air cargo leasing sector while strengthening its technical service offerings.

Azul Cargo Express Receives Second A321P2F for 2025 Operations

ByAdmin 09/11/202409/11/2024

Azul Cargo Express, the cargo division of Azul Airlines in Brazil, has bolstered its fleet with the arrival of its second A321P2F (Passenger to Freighter) aircraft, serial number 2759. Leased from AerCap, an Ireland-based global leader in aviation leasing, this newly converted freighter is scheduled to enter service by February 2025. The A321P2F offers a robust and flexible solution for Azul Cargo Express…

Airlines | Financial | Quarterly Performance

Skymark Airlines Reports 25.8% Net Income Drop for 9M 2024

ByAdmin 11/02/202514/02/2025

Skymark Airlines reported a 25.8% decline in net income for the nine-month period ending December 2024, despite a 4.5% increase in operating revenues. The airline attributed the drop in profitability to rising operational costs, including higher fuel expenses, increased labor costs, and adjustments to fleet operations.

Airbus | Corporation | Part Out

Corporation | Freighter | Freighter Conversion | Lessor | MRO

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