Apollo Global Management and Athene have closed their previously announced transaction for Apollo and Athene to purchase PK AirFinance, an aviation lending business, from GECAS, GE Capital’s Aviation...
The Abu Dhabi spending spree continues with the announcement that Wizz Air Holdings has reached agreement in principle for the establishment of Wizz Air Abu Dhabi, United Arab Emirates in partnershi...
The International Air Transport Association (IATA) has forecast that the global airline industry will produce a net profit of $29.3 billion in 2020, improved over a net profit of $25.9 billion expect...
Avianca Holdings has completed a comprehensive liquidity program that involved reprofiling over $4.5 billion of lease and debt obligations (excluding debt at Avianca’s LifeMiles subsidiary) as well a...
Monocle Acquisition Corporation, a public investment vehicle, and AerSale, which provides aviation aftermarket products and services, have entered into a definitive agreement to merge in a transactio...
Following the ultimatum issued by the government to Hong Kong Airlines to find a cash injection to pay its employees by 7 December or risk losing its operating license, the airline has found the suff...
United Airlines is set to purchase 50 new Airbus A321XLR aircraft as it looks to replace and retire its existing fleet of Boeing 757-200 aircraft. United expects to introduce the aircraft into inte...
South African Airways (SAA) is on the verge of financial collapse following its failure to pay its staff, as the airline struggles to gain the funds in order to avoid its demise. South Africa's fla...
Boeing has been told by the US Federal Aviation Agency that it will be the sole issuer of airworthiness certificates for all new 737 MAX jets, according to a report by Reuters. In a letter reporte...
A Chinese antitrust regulator has approved the joint venture between Boeing and Embraer. The deal, which would see Boeing buy a controlling stake in the commercial jet division of Embraer, has been “a...
GECAS is out with the third asset-backed securitisation in its STARR series. STARR 2019-2 (STARR III) is offered as a $446.337million three tranche debt portion as well as an e note tranche. The de...
The US Federal Aviation Administration (FAA) has published an airworthiness directive requiring that Boeing 737NGs, which have completed 30,000 flight cycles, be re-inspected on its hardware known as...
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