ORIX Aviation Systems Limited has announced the successful closing of three unsecured bilateral Revolving Credit Facilities (RCFs) with Barclays Bank plc, China Construction Bank (Europe) S.A, and First Abu Dhabi Bank PJSC. These new agreements mark an important milestone in the company’s financing strategy, representing its inaugural RCF transactions with each of these prominent financial institutions.
Turkish Airlines, the world’s leading carrier by number of countries served, has successfully executed a new Islamic finance transaction for the acquisition of an Airbus A350. The deal, denominated in Swiss Francs (CHF), was signed with Dubai Islamic Bank (DIB)—the world’s first Islamic bank and the UAE’s largest Shariah-compliant financial institution.
The Export-Import Bank of the United States (EX-IM Bank) has approved a transaction totaling nearly $297 millionto support the export of Boeing B787-10 aircraft and spare GE propulsion equipment to TAAG Angola Airlines. The financing is structured as a final commitment aimed at facilitating a key widebody fleet acquisition by Angola’s national carrier.
Nepal Airlines has now repaid $3.9 million in loan installments tied to the financing of its commercial aircraft fleet, consisting of two narrowbody and two widebody aircraft. This repayment is part of the carrier’s obligations from loans obtained for the acquisition of these aircraft during an earlier fleet modernization phase.
Norwegian has finalized a 10-year senior secured debt facility to support the acquisition of three mid-life Boeing 737-800 aircraft, further strengthening its single-aisle fleet for upcoming growth. The deal is expected to close during the third quarter of 2025 and underscores the airline’s strategy to own more of its fleet, reducing dependency on leases.
Spring Airlines has received approval from the Shanghai Stock Exchange for its planned issuance of a US$278 million public bond, signaling a key step in the airline’s strategy to strengthen its balance sheet and secure additional capital for operational and expansion purposes.
Aircraft Engine Lease Finance (AELF), a US-based lessor, has finalized a $31 million loan agreement with Absa Bank Group of South Africa, backed by an Airbus A330-300 aircraft currently on lease to South African Airways (SAA). The funding arrangement represents a key financing transaction that underscores continued investor interest in widebody aircraft leased to national flag carriers.
interCaribbean Airways, based in the Turks & Caicos, has announced the acquisition of eight Embraer E170 aircraft formerly operated by EgyptAir Express. The transaction is backed by financing from Investec, a UK-based specialist bank and asset manager. In addition to funding the acquisition, Investec is also providing refinancing for five ATRscurrently in interCaribbean’s fleet.
HALO AirFinance, a prominent U.S.-based aviation finance provider, has successfully closed a senior term loan facility aimed at supporting an established cargo airline based in the Middle East. The loan is specifically structured to finance a Boeing 747-400ERF, a mature widebody freighter, and will contribute significantly to the airline’s working capital requirements.
Allegiant Travel Company, the parent of Allegiant Air, has entered into a new credit facility agreement valued at up to $144 million, secured by the delivery of Boeing 737 MAX aircraft. The arrangement was made through one of the group’s wholly owned subsidiaries and is designed to provide financial flexibility to support fleet expansion and capital structure optimization.
