Lessor Azorra has finalised a $190 million financing agreement with the Brazilian Development Bank (BNDES) to fund up to eight Embraer E2 jets.The financing, structured under the BNDES’ Exim post-ship...
American Airlines has expanded its codeshare agreement with Finnair with 12 Mexican destinations to begin in January 2025. The codeshare includes American Airlines' flights from its Dallas-Fort Worth ...
The aviation industry faces “unprecedented” financing needs, requiring $600bn over the next six years, with half of that expected to come from the leasing sector, Air Lease Corporation (ALC) executive...
Hybrid electric vertical takeoff and landing (eVTOL) aircraft developer Horizon Aircraft has signed a letter of intent (LOI) with Chilean helicopter operator Discovery Air Chile to lease five Cavorite...
Maintenance, repair and exchange (MRE) provider FTAI Aviation has launched a strategic capital initiative in collaboration with third-party institutional investors.The first partnership under this ini...
American Airlines’ chief legal officer, Priya Aiyar, is to leave the company for a similar role outside of the airline industry.In a memo to company employees on January 10, 2025, Robert Isom, America...
Aircastle’s net income dipped to $18.1 million in the third quarter ending November 30, 2024, down from $25.6 million a year prior, the company said on January 10, 2025.Revenues for the quarter totall...
Delta said it delivered “the most profitable December quarter” in its history with the publication of its fourth quarter results on January 10, 2025. The company generated a pre-tax income of $1.2bn, ...
Lessor of mid-life narrowbody assets Aero Capital Solutions (ACS) concluded 2024 with an owned and managed portfolio of 159 aircraft and 58 engines.The company purchased 67 aircraft and 10 standalone ...
Air T launched its new business, Runway Aero Advisors on January 9, 2025. The new business will advise companies as they raise debt and equity capital. Runway will be led by Steve Welo who joined Air ...
Southwest Airlines has announced that two of its long-time serving leaders are set to retire from their executive officer positions later this year.Tammy Romo, executive vice president and chief finan...
Aircraft lessors could see net earnings rise to a peak of $10bn in 2027, according to a Bloomberg Intelligence report. The growth is expected to be largely driven by lifted trading gains via higher le...
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