Avation, the Singapore-based aircraft leasing firm, has announced the repurchase of Senior PIK Toggle Notes due 2026issued under its global Medium Term Note (MTN) program. The repurchase reflects the company’s proactive approach toward managing its capital structure and optimizing future debt obligations.
Avation announced the repurchase of US$1.94 million in face value of its Senior PIK Toggle Notes due 2026, part of its ongoing efforts to manage liabilities and optimize its capital structure under the company’s global Medium Term Note (MTN) program.
ST Engineering has announced that it secured approximately $1.0 billion in new business through its Commercial Aerospace segment. This major achievement is expected to significantly bolster the company’s growth and operational momentum moving into 2025. The contracts encompass a broad range of services, including aircraft maintenance, component repair, and engineering solutions, solidifying ST Engineering’s standing as a global leader…
Air New Zealand has taken redelivery of its first retrofitted Boeing B787-9, identified by serial number 37964, after a six-month cabin upgrade program carried out in Singapore. This marks the airline’s first completed retrofit under its multi-year widebody refurbishment strategy.
Avation PLC, a Singapore-based aircraft leasing company, has announced the repurchase of $3 million in face value of its Avation Capital Senior PIK Toggle Notes due 2026, issued under its global Medium Term Note (MTN) program. Following the cancellation of these notes, the remaining outstanding amount now stands at $326.5 million.
BOC Aviation (Singapore) has released its operational update for the first quarter of 2025, reporting a total of 158 transactions. These include commitments to purchase 125 aircraft, the delivery of 11 aircraft, the sale of four owned aircraft and one engine, and 16 new lease commitments. The report reflects a strong start to the year and reaffirms BOC Aviation’s active presence…
Avation, the Singapore-based aircraft leasing company, has signed a six-year lease agreement with Clic Air of Colombia for one ATR72-600 turboprop. The aircraft, currently undergoing return processing from its previous operator, is expected to be delivered to Clic Air within the coming weeks, further expanding the carrier’s growing regional fleet.
BOC Aviation, the Singapore-headquartered aircraft lessor, has successfully closed a US$1.5 billion self-arranged term loan with participation from 21 banks globally. The transaction includes two separate facilities, allocated respectively to BOC Aviation Ltd. in Singapore and BOC Aviation (Ireland) Ltd., reinforcing the group’s diversified funding strategy and global financial positioning.
Rex Airlines, a prominent regional carrier in Australia, has successfully utilized the proceeds from the recent sale of its non-core assets to address its financial obligations comprehensively. The airline confirmed that it has used these funds to fully repay the debt owed to PAGAC Regulus Holding, a Singapore-based investment firm.
Avation PLC, a commercial passenger aircraft leasing company based in Singapore, has successfully completed the acquisition of an Airbus A320 aircraft. This aircraft, built in 2013, is on a long-term lease to Etihad Airways, the national airline of the UAE, with the lease agreement extending until October 2031.
