Unical Aviation, based in the US, has embarked on a groundbreaking initiative by acquiring a fleet of A320neoairframes, setting up the industry’s first dedicated disassembly program for Airbus’s neo-family aircraft. The disassembly operations will be conducted by ecube, a specialist in aircraft end-of-life solutions, located in the UK. These operations are scheduled to commence in April 2025.
US-based aircraft leasing firm Crestone Air Partners has announced the acquisition of two Boeing B737-800 aircraft, including one passenger version leased to UK-based leisure airline TUI, and one Boeing B737-800BCF (Boeing Converted Freighter) leased to Bulgarian operator Compass Air Cargo.
Irish lessor Nordic Aviation Capital (NAC) has executed a sale agreement involving an Embraer E195 airframe with UK-based aviation services provider Avtrade.
ACC Aviation (UK) has announced its transition to an Employee Ownership Trust (EOT), a move supported by ThinCats (UK). The transition comes after a successful partnership with YFM Equity Partners, marking a new phase in the company’s corporate structure and strategic direction.
Abra Group (UK) continues to express interest in SKY Airline (Chile), with the option to convert an existing loan into shares. This arrangement provides the Group with a potential future stake in the Chilean low-cost carrier, reinforcing its presence in the South American market.
One Air (UK) has successfully carried out its first transatlantic flight between East Midlands and New York, marking a significant milestone in the airline’s cargo expansion strategy. The flight was operated using a Boeing 747-400F, reinforcing the carrier’s growing presence in international freight operations.
Willis Aviation Services, a UK-based aviation service provider, has signed a long-term General Terms Agreement (GTA) with TUI Airways (UK) to deliver base maintenance services for TUI’s narrowbody fleet. The partnership will commence with maintenance checks on two Boeing 737 Next Generation (NG) aircraft.
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.
TUI Airways, a prominent UK-based airline, has expanded its fleet with the delivery of a Boeing 737-8, identified by serial number 44635. The aircraft is powered by LEAP-1B27 engines, renowned for their fuel efficiency and performance.
Vertical Aerospace, the UK-based leader in electric vertical take-off and landing (eVTOL) aircraft, has announced the successful closing of its underwritten public offering, generating gross proceeds of $90 million. The funds were raised before deducting underwriting discounts, commissions, and other associated expenses.
