Castlelake has launched Merit AirFinance, its new aviation lending entity, on August 12, 2025. The new business will provide debt capital to airlines and lessors for new and used aviation assets.Merit...
US law firm Wilson Elser has appointed Thomas Dunlap, a former senior official at the Federal Motor Carrier Safety Administration (FMCSA) and the National Transportation Safety Board (NTSB), as of cou...
Spirit Airlines' liquidity pressures are weighing on its operational outlook, with the company flagging a “going concern” in its second quarter results filing on August 11, 2025.“Management has conclu...
Air Transat has entered into an engine sale and leaseback agreement for two Pratt & Whitney GTF spare engines with Rolls-Royce & Partners Finance (RRPF) Engine Leasing.The transaction, valued at $45 m...
Allegiant Air will introduce a further five new nonstop routes, expanding its network to eight US cities.The new routes, launching from late 2025 to early 2026, will connect Huntsville to Fort Lauderd...
Electric vertical takeoff and landing (eVTOL) aircraft developer Archer Aviation reported its second quarter results. Total operating expenses for the period were $176.1 million with net losses totall...
Spirit AeroSystems has agreed to sell its aerospace facility in Subang, Malaysia, to Composites Technology Research Malaysia (CTRM) for $95.2 million.This transaction was entered into following the pr...
Crestone Air Partners has formed Blue Crest Aviation Partners, a new joint venture anchored by funds managed by Blue Owl Capital. The platform will seek to acquire mid-life commercial jet aircraft on ...
BeauTech Power Systems has signed a sale and purchase agreement with JetBlue Airways for 11 General Electric CF34-10E6 engines. The acquisition brings BeauTech’s total portfolio to over 160 spare engi...
Britain's competition regulator has cleared Boeing's planned acquisition of Spirit AeroSystems, it said on Friday, after deciding against an in-depth investigation into whether the deal would be anti-...
Mexican low-cost airline Volaris transported 2.8 million passengers in July, up 3% from figure reported during the same period of the prior year.Available seat miles (ASMs) rose by 6% last month. Howe...
Copa Airlines posted strong second-quarter results, reporting a net income of $148.9 million, or $3.61 per share, marking a 25.2% increase in earnings per share from the same period last year.The airl...
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