Azul reaches payments deal with lessors
Azul has reached commercial agreements with lessors to cut payments on more than 90% of its lease obligations. The Brazilian airline said that the deals "represent a significant part of a comprehensiv...
Azul has reached commercial agreements with lessors to cut payments on more than 90% of its lease obligations. The Brazilian airline said that the deals "represent a significant part of a comprehensiv...
Direct lending has become a popular avenue for lessors and other major aviation companies looking to assist their clients and customers with financing. GA Telesis (GAT) and Tokyo Century (TC) have joi...
GE Aerospace has said it expects to invest more than $335 million in the US in 2023. The money will be used to improve assembly, expand capacity and enhance safety infrastructure at sites in five stat...
Lufthansa Group is to buy 22 "latest-generation" long-haul aircraft from Airbus and Boeing. The orders, for ten Airbus A350-1000s, five Airbus A350-900s and seven Boeing 787-9s, will come to $7.5bn ba...
Carlyle Aviation now holds a 7.5% stake in SpiceJet after converting $100 million of outstanding dues into equity. Carlyle also acquired compulsorily convertible debentures in SpiceXpress, the airline...
H3X Technologies has announced an investment by Lockheed Martin Ventures (LMV), part of Lockheed Martin Corporation. H3X said the investment is to "accelerate technology development and commercialisat...
A fintech hub will be established at Gift City with the support of Asian Development Bank (ADB). The announcement was made by the Finance Minister of Gujrat, Kenu Desai while presenting the budget for...
Air India plans to finance its mega aircraft order through a combination of three options using cash flow, equity by parent Tata Group, and sale and leaseback over the next few years, the airline’s ch...
The US government is to disburse nearly $1bn in infrastructure grants to 99 airports in 47 states. The money, which is to be spent under the 2021 Bipartisan Infrastructure Law, is to "meet the growing...
New narrow-body aircraft base values climbed "beyond the long-term trend into 2023", according to analysis by IBA, an aviation market intelligence company, with lease rates set to climb during the yea...
Finnair's final purchase price for the tender offer of its outstanding €400 million notes has been set to 90% of the nominal amount of each note, up from 85.5%. The amount of the notes validly tendere...
Sumitomo Corporation has announced an investment in Series E Funding round in Volocopter, thus becoming the latest Japanese investor and strategic partner in the company to join its list of partners. ...
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