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.
HALO AirFinance, a U.S.-based aviation lender, has successfully completed a senior loan transaction supporting the acquisition of a Boeing B737-800 by Crestone Air Partners, an investment platform backed by Blue Owl Capital. The financed aircraft is currently on lease to a UK-based airline, marking another strategic asset-based lending move for HALO in the secondary aircraft market.
Turkish Airlines has become the first airline globally to utilize the Sompo AXIS Aviation Finance Insurance product to finance its new aircraft, signaling a unique innovation in aviation financing. The carrier applied the solution to the acquisition of two aircraft: one Airbus A350-900 and one Airbus A321neo.
Vietnam Airlines has taken a significant step in strengthening its financial position by signing a Memorandum of Understanding (MOU) with Citibank (US), securing a funding commitment exceeding US$560 million. The capital injection is aimed at supporting the airline’s long-term strategic investment initiatives, which include fleet renewal, modernization efforts, and infrastructure development.
Vietjet Air (Vietnam) has signed a major aircraft financing agreement worth US$300 million with AV AirFinance (US), further strengthening its financial ties with key American institutions. This agreement is one segment of a larger portfolio of deals the airline has been actively pursuing to fund its fleet expansion and modernization.
Spirit Airlines, a major U.S.-based ultra-low-cost carrier, has successfully completed a private offering of its Class B® Pass Through Certificates, Series 2025-1B®, with an aggregate face amount of US$215 million. The offering represents another strategic move to bolster the airline’s financial flexibility as it navigates current industry challenges and positions itself for long-term sustainability.
Vietjet (Vietnam) has secured a $300 million aircraft financing agreement with Carlyle Aviation Partners (US), ensuring financial support for its upcoming aircraft deliveries scheduled for 2025-26. This deal reflects Vietjet’s commitment to fleet expansion and operational growth in the highly competitive Southeast Asian aviation market.
BNDES (Brazil) has approved $158 million in financing for Horizon Air (US) to facilitate the acquisition of six Embraer E175 aircraft, scheduled for delivery between 2025 and 2026. This funding underscores Brazil’s continued support for Embraer aircraft sales in international markets.
Norwegian Air Shuttle is preparing to take delivery of its first Boeing 737 MAX later in 2025, marking the beginning of a 50-aircraft order. The airline also holds 30 additional options, with a decision expected by August 2025.
Frank Wulf, the Global Head of Aviation at Nord/LB (Germany), has announced his decision to step down from his role and exit the aviation finance sector, effective January 31, 2025. Citing personal reasons, Wulf will conclude his tenure after a long-standing career in aviation finance.
