Scoot, the low-cost arm of Singapore Airlines Group, has taken delivery of a new Embraer E190-E2 regional jet, bearing manufacturer serial number (MSN) 19020184. The aircraft is powered by Pratt & Whitney PW1919G engines, part of the geared turbofan (GTF) family specifically designed for next-generation regional aircraft.
Avation, the Singapore-based leasing company, has announced the delivery and sale of a new ATR72-600 to an undisclosed airline in the Caribbean. The transaction resulted in approximately $5 million in net cash proceeds, marking a successful and profitable disposal for the lessor.
Avation, a Singapore-based aircraft leasing company, has entered into an agreement to sell a Boeing 777-300ER that is currently on lease to Philippine Airlines. The transaction is expected to be completed in the third quarter of 2025, representing a significant divestment from its widebody portfolio.
BOC Aviation (Singapore) has entered into an agreement with Airbus to purchase nine A320neo aircraft, demonstrating continued demand for efficient narrowbody aircraft in the global market. The lessor has committed all nine aircraft on long-term leases to avianca (Colombia), bolstering the South American carrier’s fleet renewal and expansion plans.
BOC Aviation, a leading aircraft leasing company headquartered in Singapore, has entered into an agreement with Airbus for the purchase of nine new aircraft: six A320neo and three A321neo. All nine aircraft will be leased to Gulf Air, the national carrier of Bahrain, under long-term lease agreements.
SIA Engineering, a leading MRO provider based in Singapore, has entered into new Comprehensive Services Agreements with its long-standing partners Singapore Airlines and its low-cost subsidiary Scoot. The agreements have a term of up to three years, superseding the previous arrangements between the parties.
StandardAero, a U.S.-based aerospace MRO company, has announced that two of its primary shareholders — affiliates of The Carlyle Group (US) and GIC (Singapore) — intend to initiate an underwritten secondary offering comprising 30,000,000 shares of common stock. The proceeds from the offering will be received entirely by the selling shareholders, with StandardAero itself not receiving any portion of the proceeds.
SIA Group, the parent company of Singapore Airlines, has announced strong financial results for the fiscal year 2024/25. The group achieved a net profit of $2.1 billion, a 3.9% increase year-on-year, largely driven by a one-off, non-cash accounting gain of $846 million arising from the merger of Air India and Vistara. Total revenue climbed 2.8% to $15 billion, while cash and bank balances…
SIA Engineering Group, a leading Singapore-based MRO provider, has reported a significant increase in both revenue and profitability for the fiscal year 2024. The company achieved revenue of US$955 million, representing a 13.8% year-on-year increase, while net profit surged 43.8% to reach $107.1 million. These results signal a strong recovery trajectory following several years of pandemic-related disruptions.
Avation, a Singapore-based aircraft leasing company, has executed a repurchase of $3.5 million face value in Senior PIK Toggle Notes due in 2026. These notes were issued as part of the company’s global Medium Term Note (MTN) program, aimed at raising flexible financing from capital markets.
