Surf Air Mobility Secures $50M Senior Term Loan from Comvest Partners

ByAdmin 15/11/202419/11/2024

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 Air Mobility’s financial position and support its operational and strategic growth initiatives.

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Airlines | Leasing

South African Airways to Lease Seven Aircraft by FY 2025/26

ByAdmin 24/11/202426/11/2024

South African Airways (SAA) has announced plans to lease seven new aircraft scheduled for delivery during the fiscal year 2025/26. This move is part of the airline’s strategy to enhance its fleet and support its operational growth following a period of restructuring.

Airlines | Legal | MRO

SpiceJet Resolves Dispute with Shannon Engine Support for $2 Million Settlement

ByAdmin 28/10/202430/10/2024

Indian low-cost carrier SpiceJet has resolved its longstanding dispute with Shannon Engine Support (SES), an Ireland-based engine leasing company, through a settlement agreement valued at $2 million.

Airlines | Low Cost Carrier | Traffic

Ryanair Predicts Stable European Flight Offering Until 2027

ByAdmin 09/12/202411/12/2024

Ryanair (Ireland) has revealed its forecast for European flight operations, stating that its overall offering is expected to remain largely unchanged until 2027. However, the carrier has announced plans to reduce capacity into Germany, citing the impact of elevated taxes and fees on its operations.

Airbus | Airlines | Delivery | Fleet

Fly All Ways Receives Its First A320

ByAdmin 18/12/202418/12/2024

Fly All Ways, an airline based in Suriname, has taken delivery of its first Airbus A320. This marks a significant milestone in the carrier’s expansion plans, as the aircraft will support operations across key destinations in the Caribbean, South America, and North America.

Airbus | Airlines | Low Cost Carrier | Network

flyadeal Launches Jeddah–Tashkent Route

ByAdmin 27/11/202428/11/2024

flyadeal (Saudi Arabia) has launched a new nonstop route connecting Jeddah and Tashkent. The inaugural flight took off on 21 November 2024, utilizing an Airbus A330-200 to enhance connectivity between Saudi Arabia and Uzbekistan.

Falko Regional Aircraft Acquires 11 E-Jets from Nordic Aviation Capital

ByAdmin 31/10/202403/11/2024

UK-based Falko Regional Aircraft has completed the acquisition of 11 Embraer E-Jets from Nordic Aviation Capital (NAC) of Ireland. This transaction, part of a sale and purchase agreement initially signed in March 2024, includes E175, E190, and E195 models. These regional jets are currently leased to LOT Polish Airlines, a key operator in Europe’s regional…

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