Spirit AeroSystems said it will need funding to continue operations after reporting a net loss of $577 million in the fourth quarter of 2024, down from its $75 million net profit in the fourth quarter...
Rolls-Royce’s civil aerospace segment reported a gross profit of £2bn in 2024, up 44% on 2023, the company reported on February 27, 2025. Revenues were up 24% to £9bn.The civil aerospace segment impro...
AerCap, the world’s largest aircraft lessor, has continued to make strong gains on asset sales throughout 2024 as the supply of new aircraft remains constrained. Chief executive of AerCap, Aengus Kell...
Japan’s ANA Holdings will purchase 77 new aircraft, including 68 confirmed orders and nine options for small and medium-sized aircraft. The order reflects expectations for growing passenger demand, pa...
Azul Brazilian Airlines reported a net loss of 4.4bn Brazilian reais ($767.4 million) in the fourth quarter of 2024, widening significantly from 52.8 million reais ($9.2 million) a year prior. In addi...
Spirit Airlines’ restructuring plan has been approved by a US bankruptcy court on February 20, 2025. The company expects to emerge from chapter 11 in “the coming weeks”. “Today's approval is a major m...
Airbus’ profits soared 66% in the fourth quarter of 2024 to €2.4bn, or €3.07 per share, the company reported on February 20, 2025. The company also guided around 820 commercial aircraft deliveries fo...
The Pimco-AerCap joint venture (JV) Gilead Aviation has priced its series A and B notes totalling $600 million in its inaugural aircraft asset backed securities (ABS), Ghost 2025-1. The transaction is...
AASET 2025-1 employed the “biggest structural nuance and change” to the aviation asset backed securitisation (ABS) product type with a novel master trust structure.Carlyle Aviation Partners (Carlyle) ...
JetBlue said it expects shop visits for its geared turbofan (GTF) engine to take nearly a year to complete on February 14, 2025.The inspections for the contaminated powdered metal parts of the GTF eng...
The Pimco-AerCap joint venture (JV) Gilead Aviation has marketed its $600 million aircraft asset backed securities (ABS), Ghost 2025-1. The transaction marks AerCap's sixth serviced aviation ABS. The ...
Spirit Airlines has rejected yet another merger offer from Frontier Airlines on February 11, 2025. This follows a recently rejected $400 million proposition to merge the two ultra low-cost carriers at...
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