FAA grounds MD-11 flights after UPS crash
The US Federal Aviation Administration (FAA) has issued an emergency airworthiness directive on Saturday (November 8), banning all Boeing model MD-11 and MD-11F flights.The emergency directive issuanc...
The US Federal Aviation Administration (FAA) has issued an emergency airworthiness directive on Saturday (November 8), banning all Boeing model MD-11 and MD-11F flights.The emergency directive issuanc...
A US court has approved a Chapter 11 reorganisation plan and a $650 million backstop commitment agreement that are designed to recapitalise Azul, the bankrupt low-cost carrier.On Tuesday (November 4),...
Willis Mitsui & Co. Engine Support (WMES), aircraft engine lessor, Willis Lease Finance Corporation’ (Wilis Lease) long-standing joint venture with Mitsui & Co (Mitsui), has entered into a new $750.0 ...
AAR has acquired HAECO Americas in a $78 million all-cash transaction, creating a major force in the MRO sector.The acquisition expands AAR's heavy maintenance footprint and accelerates the company's ...
Earlier this month, TAP Air Portugal completed its first Japanese operating lease with call option (JOLCO) facility in more than 20 years.The JOLCO transaction, which supports TAP’s ongoing fleet rene...
Onex Partners, the controlling shareholder of WestJet, has sold a 25% equity stake in the company to Delta Air Lines, Korean Air, and Air France-KLM, for a total investment of $547 million.The equity ...
IndiGo has finalised a commitment for 30 Airbus A350-900 aircraft, converting a Memorandum of Understanding (MoU) signed in June into a firm order. This brings the airline's total A350 orders to 60 ai...
FPG Amentum and BC Partners has acquired Crianza Aviation, the aircraft leasing platform owned by IMM Investment, Cerritos, and EastMerchant Capital. The deal was signed this week and announced today....
Griffin Global Asset Management has marketed its inaugural aviation asset-backed securitisation (ABS) deal, GGAM 2025-1. The $1.245bn deal’s proceeds will be used to acquire an initial pool of 25 airc...
TrueNoord has placed a firm order for 20 brand-new Embraer E195-E2 aircraft and has secured purchase rights for up to 30 additional jets.The purchase rights cover up to 20 additional new E195-E2 aircr...
Virgin Atlantic has appointed Corneel Koster as its new CEO, effective January 1, 2026.Koster will replace Shai Weiss, who has held the role of CEO for seven years, and who will step down on December ...
Castlelake has marketed its third aviation asset-backed securitisation (ABS) of 2025, CLAS 2025-3.The $758.56 million transaction consists of A through C notes. The tranches have an anticipated repaym...
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