| | | |

JP Lease Acquires A350-900 From Air France In SLB Deal

JP Lease Products & Services (Japan), in collaboration with JLPS Ireland, has finalized the acquisition of a new Airbus A350-900 through a sale and leaseback (SLB) transaction with Air France. The deal was financed with debt provided by the Commonwealth Bank of Australia, Tokyo Branch, reinforcing investor interest in high-spec widebody assets.

|

LuminArx Targets 50-Aircraft Portfolio, Eyes PDP Financing

LuminArx Capital Management, a U.S.-based investment firm focused on aviation assets, has revealed its intention to expand its aircraft portfolio from 16 to 50 aircraft in the near term. The firm is also preparing to enter the pre-delivery payment (PDP) financing space, along with establishing lending vehicles for other lessors, signaling a more comprehensive strategy in aircraft finance.

| |

Airfinance Global Merges With Ishka Under New Leadership

Airfinance Global has officially merged with fellow UK-based aviation finance intelligence firm Ishka in a significant industry consolidation move. The merger is supported by Foundation Investment Partners, a private equity group that specializes in business services and data-driven enterprises. This merger signals a strategic shift in the competitive landscape of aviation finance analytics and consulting.

| | |

Vietnam Airlines Receives $4.1 Billion Loan From HSBC

Vietnam Airlines has disclosed in its 2024 consolidated financial report that it received a $4.1 billion loan from HSBC Vietnam Bank, with an interest rate of 7%. The loan reflects a significant financial move by the flag carrier as it continues efforts to recover from the pandemic’s long-term effects and stabilize its operations.

|

Ibom Air Posts $62.1M Revenue and $4.4M Profit in 2024

Ibom Air, a Nigerian-based airline, has reported impressive financial results for the year 2024, with revenue climbing by 43% to $62.1 million and a net profit of $4.4 million. This represents a significant milestone in the airline’s operational maturity and financial resilience, reflecting strong demand, strategic expansion, and improved cost control.

|

AIP Capital and Monroe Launch $1B Leasing Venture

AIP Capital has entered into a strategic partnership with Monroe Capital to jointly pursue an aircraft leasing venture targeting a portfolio of up to $1 billion in aviation investments. This venture will focus on acquiring mid-life commercial aircraft that are on long-term leases to airlines across the globe, aiming to capture value in a segment often overlooked by larger lessors prioritizing new deliveries. To…

Surf Air Mobility To Raise $27M In Share Offering

Surf Air Mobility, a U.S.-based regional air mobility company, has entered into definitive agreements for the purchase and sale of 10.8 million shares of its common stock, valued at approximately $27 million, through a registered direct offering. This fundraising strategy provides immediate capital infusion and reflects the company’s ongoing expansion and capital market engagement plans.

Phoenix Aviation Closes $550M Senior Notes Offering

Phoenix Aviation Capital, based in Ireland, has successfully closed its offering of $550 million in senior unsecured notes due 2030, carrying a fixed interest rate of 9.25%. The proceeds from this debt issuance will be used to repay existing indebtedness and support general corporate purposes, strengthening the company’s capital structure and liquidity position.