Utair to Merge with TS Technic

ByAdmin 12/12/202413/12/2024

Utair (Russia) has announced a significant organizational restructuring following shareholder approval for a merger with TS Technic (Russia). The decision marks a strategic move to consolidate operations and streamline services, particularly in maintenance and technical support.

The merger, formally approved by Utair shareholders, is expected to provide operational synergies and cost efficiencies. TS Technic, a key player in aircraft maintenance and technical services in Russia, brings specialized expertise that complements Utair’s expansive regional and international flight operations.

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Corporation | Lessor | Management

Willis Lease Finance Appoints Stephen Jones to Board

ByAdmin 18/12/202423/12/2024

Willis Lease Finance, a leading aircraft leasing and engine solutions provider based in the United States, has announced the appointment of Stephen Jones to its Board of Directors, effective 01 January 2025.

Airlines | Financial

Enter Air Profit Falls 66% Despite Revenue Growth In 2024

ByAdmin 01/05/202503/05/2025

Enter Air, Poland’s largest charter airline, reported mixed financial results for the full year 2024. While the company’s revenues increased by 11%, reaching US$799 million, its net profit plunged by 66.6% to US$17.4 million, reflecting mounting cost pressures despite growing top-line performance.

Airlines | Financial

Azul Downgraded to ‘SD’ by S&P Following Debt Exchange

ByAdmin 31/01/202503/02/2025

Azul (Brazil) has had its credit rating downgraded to ‘SD’ (Selective Default) by S&P Global Ratings (US) after completing a distressed debt exchange. The downgrade reflects S&P’s classification of Azul’s recent debt restructuring as distressed, rather than a conventional market transaction.

Airlines | ATR | Fleet | Order

JSX Signs LOI For 15 ATR42-600s With 10 Options

ByAdmin 19/06/202520/06/2025

JSX, the U.S.-based semi-private air carrier, has signed a Letter of Intent (LOI) with ATR for the acquisition of 15 ATR42-600 aircraft, with options for 10 more, signaling a major step into turboprop operations. The first two aircraft are expected to enter service through leasing arrangements by the end of 2025, launching a new operational segment for the company known for its business-class…

Corporation | Merger

AE Industrial Acquires Air Transport Components For Repair Platform

ByAdmin 17/06/202519/06/2025

AE Industrial Partners, a U.S.-based private equity firm specializing in aerospace, defense, and industrial services, has acquired Air Transport Components (ATC), also based in the U.S., to serve as the cornerstone of a new aviation services platform. The acquisition marks a significant step in AE Industrial’s strategy to build an end-to-end component and accessory repair ecosystem tailored…

Air Lease Delivers Two Airbus A321neos to China Airlines

ByAdmin 21/08/202525/08/2025

Air Lease has announced the successful lease and delivery of two additional Airbus A321-200neo aircraft to China Airlines, further expanding the Taiwanese flag carrier’s modern narrowbody fleet. The two aircraft, delivered on August 16 and August 20, represent the seventh and eighth A321neos provided to China Airlines under long-term lease agreements from Air Lease’s extensive Airbus orderbook.

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