Private equity firm 777 Partners is currently in talks with Boeing and ATR to order new aircraft, Reuter reports. The firm aims to invest in more aircraft to help them enter new markets to tap into th...
Algeria’s National Investment Fund (FNI) has confirmed that Air Algérie will fund its latest order for eight 737-9 MAXs and seven A330-900s and two A350-100s to be delivered between 2025 and 2026. The...
The Ethiopian and Nigerian central banks have agreed to swap funds trapped in their respective states, which will see Ethiopian Airlines (ET) recover up to $100 million trapped in Nigeria, as per The ...
BOC Aviation executed a total of 73 transactions in the second quarter of 2023 (Q2). These include commitments to purchase 20 aircraft, delivery of 14 aircraft including one acquired by an airline cus...
Go First has floated Expression of Interest (EoI) from potential bidders. Shailendra Ajmera, the resolutions professional appointed by the court to oversee the insolvency process, said the last date t...
The Australian Renewable Energy Agency (ARENA) has opened a $30 million funding initiative to reduce emissions in the aviation sector on behalf of the Australian Government. Australia’s aviation indus...
Aircastle received a $500 million equity commitment from its shareholders, Marubeni Corporation and Mizuho Leasing. The equity commitment will be funded in two tranches, with $200 million funded in J...
AerCap signed 124 lease agreements, including 18 widebody aircraft, 77 narrowbody aircraft, 11 engines and 18 helicopters during Q2 of 2023. The lessor also completed the purchases for 22 new aircraft...
Norwegian has entered into an agreement with WF Holding AS to acquire Widerøe for a cash consideration of NOK 1,125 million. The purchase price is subject to certain adjustments after closing, includi...
Avolon carried out 31 lease transactions comprising new aircraft leases, follow-on leases and lease extensions in the second quarter (Q2) of 2023, according to its latest trading update. The lessor si...
Bombardier recently completed the transaction to acquire Latécoère’s assets and activities of its Electrical Wiring Interconnection System (EWIS) business in Querétaro, Mexico. “The Bombardier team is...
SpiceJet has settled INR 1bn payment to City Union Bank. The last tranche of INR 0.25 crore was paid on June 30, 2023 as per the airline’ filing on July 3. “This successfully closes the entire loan ac...
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