Dubai Aerospace Enterprise (DAE) secured a settlement agreement with insurer AXA in relation to aircraft stranded in Russia following the country's 2022 invasion of Ukraine, Reuters reported. It comes...
AerCap has completed its inaugural sukuk issuance of $500 million 4.500% with a five-year maturity period on October 3, 2024. The Sharia-compliant bond was issued by subsidiary AerCap Sukuk. The compa...
AerCap signed a lease agreement with Azerbaijan Airlines for six new A320neo family aircraft on October 2, 2024. The deal includes three A320neos and three A321neo aircraft, powered by the CFM LEAP en...
AerCap has authorised a new $500 million share repurchase program, which will run through up until March 31, 2025. "Today's announcement takes our share repurchase authorizations to $4.4 billion since...
London, September 10, 2024 — Last night, Airline Economics hosted the prestigious third annual Airline Economics Sustainability Awards and the fourteenth European Aviation 100 Awards at the historic G...
AerCap priced a jumbo bond on September 3, 2024. The issuance consists of $1.3bn of 4.625% senior unsecured notes due 2029 and $1.1bn of 4.950% senior unsecured notes due 2034. The 2029 notes are pric...
Spirit Airlines posted a net loss of $192 million for the second quarter of 2024 - adjusted to a loss of $157.9 million. In its earnings call, CEO and president Ted Christie said the ""disappointing r...
Dublin-based lessor AerCap has yet again posted strong results in its second quarter 2024 earnings report. Its total revenues were approximately $2bn, up from $1.9bn last year in the quarter and meeti...
Aergo Capital has acquired two A320-200 aircraft and two 737-800 aircraft from AerCap. The A320 aircraft are on lease to Lauda, a subsidiary of the Ryanair Group, and the 737 aircraft are on lease to ...
Mississippi has enacted a new taxation legislation that exempts sales tax on aircraft, which lessor AerCap has called a ""game changer"". House Bill 1855 will introduce exemption from sales tax for...
Professional services firm Aon Ireland has launched a new division in Ireland with a specialist aviation division. The team of aviation and insurance specialists will help organisations across the sec...
AerCap has leased 10 new Airbus aircraft to Turkish Airlines on July 9, a day after it priced a new notes offering. The 10 aircraft on lease to Turkish Airlines are all new A321neo jets. ""We ar...
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