Aircraft lessor Azorra has closed a $988 million debt financing facility on July 30, 2024. “We are thrilled with the strong investor support for this financing. This achievement underscores the con...
RTX has reserved a total of $1.24bn to resolve legal disputes with the US Department of Justice (DOJ), Securities and Exchange Commission (SEC), and Department of State (DOS), the company said in its ...
SIA Engineering has reported its first quarter results for the fiscal year 2024-25. Its revenues totalled $268.8 million, up 2.6% over the same period a year prior. Expenditure rose at a slightly lowe...
SkyWest - a US regional airline - has reported a net income of $76 million, or $1.82 per diluted share, in its second quarter results. It marks a strong increase from last year's results of $15 millio...
Turkish Airlines has added a new currency to its financing portfolio, becoming the first airline outside of China to secure financing in Chinese yuan (RMB). “By adding the fifth currency to the var...
Just over $50bn worth of deals were made on the first day of the Farnborough International Airshow 2024 event held in the UK. The data comes from aerospace trade association ADS Group. ""Our aerosp...
Brazilian National Bank for Economic and Social Development (BNDES) has concluded a financing contract to export 32 Embraer E175 aircraft to American Airlines. “This financing will contribute to acce...
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...
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