Volofin Capital Management (UK) has announced the successful structuring and closing of a spares inventory financing facility for Virgin Atlantic (UK). The facility, valued at up to $100 million, will support Virgin Atlantic in managing and optimizing its aircraft spare parts inventory.
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Maldivian, the national airline of the Maldives, has announced plans to launch direct long-haul flights to Beijing, Shanghai, and Chengdu in early 2025. These flights will be operated with the Airbus A330-200, enabling the airline to expand its reach into the Chinese market and provide seamless connectivity for travelers between the Maldives and key cities in China. The introduction of these routes aligns…
JCAS Airways, an emerging airline in Japan, has successfully raised $1.3 million through a third-party allotment of new shares. This capital boost supports JCAS Airways’ plans to launch operations from Kansai Airport in the spring of 2026. The funds will be utilized to further the airline’s preparations for its anticipated entry into Japan’s aviation market, which includes fleet acquisition, route planning, and…
APOC Aviation, a Netherlands-based aviation parts and leasing company, has announced a new multi-faceted financing arrangement with Deutsche Bank.
Hainan Airlines has announced the resumption of its Beijing Capital–Toronto route, set to begin on 10 November 2024. This service will be operated by the Boeing 787-9, a modern, fuel-efficient aircraft well-suited for long-haul routes. The return of this route reinforces Hainan Airlines’ commitment to restoring its international network and supporting connectivity between China and…
EgyptAir, the national carrier of Egypt, has taken delivery of a Boeing 787-9 Dreamliner, expanding its fleet with a state-of-the-art long-haul aircraft. The aircraft, registered as SU-GFZ, is powered by Trent 1000-J3 engines, renowned for their efficiency and reliability in long-haul operations.
SR Technics (Switzerland) has announced its selection by Air India as the preferred partner for long-term maintenance support of the airline’s CFM56-5B/-7B engine fleet. This partnership highlights SR Technics’ expertise in engine maintenance and its commitment to delivering reliable solutions to global airlines.
