Fitch Ratings (US) has assigned A-1 Notes ‘Asf (EXP)’ and B-1 Notes ‘A-sf (EXP)’ ratings to AASET 2025-1, a securitization backed by lease payments and disposition proceeds from a pool of 23 passenger aircraft. These aircraft are operated by third-party lessees, ensuring diversified exposure across multiple carriers.
Azul (Brazil) has successfully completed the restructuring of its financial obligations, reaching agreements with bondholders, lessors, and OEMs. The carrier also closed its $525 million Floating Rate Superpriority Notes offering, due 2030, significantly improving its financial stability.
Aircastle (Ireland) has successfully priced $500 million in 5.250% Senior Notes due 2030, issued at 99.171%. This move strengthens the aircraft lessor’s financial position and provides long-term capital for its global leasing operations.
World Star Aviation, a UK-based aviation asset management company, has announced the successful completion of a sale/leaseback transaction for a GEnx-1B engine. This transaction underscores the company’s expertise in structuring tailored leasing solutions for the aviation industry.
easyJet, the UK-based low-cost airline, has reported strong financial results for its fiscal first quarter, highlighting a 13% increase in Group revenue, which reached US$2.5 billion. This growth reflects the airline’s ability to capitalize on rising demand and optimize its operations amidst an improving aviation market.
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…
Lufthansa (Germany) successfully issued an unsecured hybrid bond with a total volume of €512 million(approximately US$512 million). The bond, which bears an annual interest rate of 5.25%, has a 30-year term, with the first issuer call date set for 6 years after issuance.
Crestone Air Partners (US) has announced the appointment of Steven Bridgland as Senior Vice President (SVP), Head of Capital Markets. This key addition to the leadership team reflects Crestone Air Partners’ commitment to expanding its capabilities in the aviation finance and leasing sector.
Clover Aviation Capital (Hong Kong) has announced the appointment of Luke Liberda as its new Head of Legal, succeeding Harvey Lau, who recently retired from his position as General Counsel and Head of Legal. This leadership transition marks a new chapter for Clover Aviation Capital’s legal team as it continues to support the company’s operations and strategic growth.
Avolon, a leading aircraft leasing company based in Ireland, has announced its operational and financial highlights for the fourth quarter of 2024, showcasing significant growth and strategic progress. During the quarter, Avolon acquired 12 aircraft and transitioned five aircraft to 10 customers. The company also finalized 17 sale and leaseback agreements, sold 29 aircraft, and signed Letters of Intent (LOIs) for the sale of an…
