AIP Capital Announces Key Leadership Appointments

AIP Capital (US) has announced key changes to its leadership team, with significant appointments and a promotion aimed at strengthening its global operations. Chris O’Scannlain has been appointed as Chief Risk Officer, and he will be based in the company’s Stamford, Connecticut office. This role is crucial for overseeing risk management strategies as AIP Capital continues to expand its…

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Wizz Air CEO Highlights Prolonged Engine Issues

Wizz Air (Hungary) CEO Jozsef Varadi has raised concerns about the prolonged impact of issues with Pratt & Whitney (P&W) engines affecting the airline’s fleet. Varadi stated that the engine problems could persist for four to five years, significantly impacting operations. The airline anticipates that 40 aircraft will remain grounded through fiscal 2026 due to these ongoing challenges.

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SMBC Aviation Capital CEO Highlights Aircraft Delivery Delays

SMBC Aviation Capital (Ireland) CEO Peter Barrett has expressed concerns over persistent delays in aircraft deliveries from Boeing and Airbus. According to Barrett, these delays are affecting nearly every aircraft delivery. However, he noted that enginemakers have made slight improvements in addressing their operational challenges.