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Willis Aviation Services Partners with TUI Airways for Base Maintenance

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.

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World Star Aviation Completes GEnx-1B Sale/Leaseback Transaction

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.

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Vertical Aerospace Raises $90 Million in Public Offering

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.

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easyJet Reports 13% Revenue Growth in Fiscal Q1

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.