Brazilian airline GOL has arranged $1.4bn private placement financing, with Abra Group, a holding company that will control GOL and fellow carrier Avianca. Abra will invest up to $451 million cash int...
US-based aircraft leasing company Castlelake Aviation has closed a $635 million incremental term loan B facility which it will use to refinance existing debt and for general corporate purposes. The fa...
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...
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