GE Aerospace is set to invest more than $1 billion into its maintenance, repair and overhaul (MRO) and component repair facilities worldwide over a period of five years. “Our customers are experien...
SAS Group's planned reorganisation proceedings in Sweden has been approved by the Stockholm District Court on July 19, 2024. As a result, the company has applied for delisting from Nasdaq stock exchan...
Aviation services provider AAR has reported an income of $9.1 million, or $0.26 per diluted share, in its fourth quarter fiscal year 2024 results. Its sales totalled $656.5 million in the quarter. ...
TD Cowen analysts Helane Becker and Thomas Fitzgerald downgraded American Airlines from buy to hold on July 16, 2024. The downgrade followed the analysts' concerns surrounding the carrier's ""aggressi...
Atlas Air has secured $90 million senior debt financing from Investec Aviation Finance for the acquisition of three 747-400 freighter aircraft. ""The 747-400F forms an integral part of Atlas’ dedic...
Aircastle's wholly-owned subsidiary Aircastle Designated Activity Company (DAC) has priced an offering of $500 million senior unsecured notes due October 2031, issued on July 15, 2024. The notes have ...
Lufthansa Group has cut its full year earnings guidance following a market-related decline in yields and challenges posed by delayed aircraft deliveries. It adjusted its previous EBIT estimate of €2.2...
PK AirFinance, Apollo Global Management's aviation lending platform, has closed its first loan asset-backed securitisation (ABS), PK ALIFT loan funding 3 Series 2024-1 (PKAIR 2024-1). PKAIR 2024-1 ...
Global law firm Reed Smith has advised IAT Leasing on its first transaction on behalf of funds managed by Taconic Capital Advisors. IAT is a Dublin-based independently owned operating leasing platfor...
Azorra has closed a US$450 million financing facility with Brazilian Development Bank (BNDES). After securing an initial $150 million facility obtained in December 2023, the lessor has now closed on t...
Ashland Place Finance has completed two new financing facilities for narrowbody aircraft on lease to each of easyJet and Volaris for Windward Air Capital and its joint venture partner Bain Capital. ...
Southwest Airlines has adopted a shareholders rights plan following its approval from the board of directors on July 2, 2024. The poison pill was deployed to defend against activist investor Elliott I...
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