HALO AirFinance, a U.S.-based aviation lender, has successfully completed a senior loan transaction supporting the acquisition of a Boeing B737-800 by Crestone Air Partners, an investment platform backed by Blue Owl Capital. The financed aircraft is currently on lease to a UK-based airline, marking another strategic asset-based lending move for HALO in the secondary aircraft market.
Mesa Air Group, a regional U.S. carrier, has reported a net loss of $24.9 million for its fourth fiscal quarter and a net loss of $91.0 million for the full fiscal year 2024. The airline’s total operating revenue for the year declined by 4.3%, falling to $476.4 million. As of the end of the reporting period, Mesa reported $15.6 million in unrestricted cash and cash equivalents, reflecting…
AE Industrial Partners has announced the successful closing of its second aerospace leasing fund, AE Industrial Partners Aerospace Leasing Fund II, with total capital commitments reaching $418 million. This figure exceeded initial expectations, marking the fund as oversubscribed, and indicating strong investor interest in aviation-related assets despite ongoing volatility in global financial markets.
Delta Air Lines, the major U.S. carrier, has taken delivery of a new Airbus A350-900, serial number 722, as part of its ongoing long-haul fleet expansion strategy. The aircraft is powered by Rolls-Royce Trent XWB-84 engines, known for their high efficiency, low emissions, and long-range performance.
Avelo Air, a low-cost carrier based in the United States, has expanded its operational fleet with the delivery of a Boeing 737-800, serial number 36566. The aircraft has been acquired on lease and is powered by CFM56-7B26 engines, a widely used and reliable model in the narrowbody market.
7 Air, a U.S.-based cargo carrier, has announced plans to expand its freighter fleet by acquiring three additional B737-800F aircraft by the end of 2025. The move aligns with the airline’s strategy to scale operations in response to rising demand for e-commerce and regional cargo logistics.
Willis Lease Finance Corporation (NASDAQ: WLFC), a leading lessor of commercial aircraft engines and global aviation services provider, announced its financial results for the first quarter ended March 31, 2025. The company reported record quarterly revenue of $157.7 million, marking a 32.5% increase compared to the same period in 2024. Pre-tax income for the quarter was $25.3…
Silver Airways, a U.S.-based regional carrier, has received a $5.78 million stalking horse bid from KIA II, a financial firm that had previously provided debtor-in-possession (DIP) financing to the airline. This development positions Silver Airways to move forward in its efforts to exit bankruptcy proceedings and reestablish operational normalcy.
Air Lease has announced impressive financial results for the first quarter of 2025, with total revenues rising 11.3% to reach $738.3 million, reflecting strong demand for leased aircraft amid a recovering global aviation market. More notably, net income increased 274.5%, climbing to $364.8 million, signaling robust profitability driven by a growing fleet and favorable lease terms.
JetBlue has sold its corporate venture capital division, JetBlue Ventures, to SKY Leasing, a U.S.-based aircraft leasing company. This strategic move is part of JetBlue’s broader plan to refocus on its core airline business amid its ongoing efforts to return to profitability.
