Aircastle received a $500 million equity commitment from its shareholders, Marubeni Corporation and Mizuho Leasing. The equity commitment will be funded in two tranches, with $200 million funded in J...
GY Aviation Lease has approached Indian aviation regulator Directorate General of Civil Aviation (DGCA) for the deregistration of two more SpiceJet Boeing 737-8 aircraft. Most of the SpiceJet’s fleet ...
SpiceJet has no plans to file for insolvency proceedings and has already started the process of revival of the grounded fleet with $50 million. This announcement from the airline comes at a time India...
The woes for SpiceJet are not over yet with an insolvency case against the airline due for hearing at the National Company Law Tribunal (NCLT) next week. In the meantime, lessor Aircastle has filed an...
Aircastle has named Jill Saverine as chief people officer after her eight-year stint as senior vice president, human resources. "We are pleased to promote and appoint Jill to this crucial new role of ...
Aircastle reported fourth quarter 2022-2023 net income of $14 million compared to a $216 million net loss in fourth quarter 2021 Revenue came to $189 million and adjusted earnings (EBITDA) $180 millio...
Aircastle has increased the size of its unsecured revolving credit facility with Mizuho Marubeni Leasing America to $200 million from $100 million and extended its maturity to January 2025. The facili...
Aircastle's Paul O'Callaghan is to be Aircastle's next chief operations officer, with the appointment taking effect on March 1 2023. O'Callaghan held aircraft maintenance management positions with sev...
Joe Schreiner, US-based lessor Aircastle's chief technical officer, is to step down at the end of the fiscal year after almost two decades with the business. Chief executive Mike Inglese wishged Schre...
Embraer delivered 33 aircraft in the third quarter of 2022, of which 10 were commercial and 23 were executive jets, 15 were light and eight were midsize. As per Embraer’s Q3 report, the volume of deli...
Embraer reached a milestone of 1700th E-Jet aircraft production. The Aircastle-leased E195-E2 was handed over to KLM Cityhopper (KLC) at a ceremony at Embraer’s facility in São José dos Campos. Highli...
Effective September 26, 2022, Noriyuki Yukawa resigned as a member of the Board of Directors of Aircastle. Yukawa has been a Director of the Company since March 2020 and was also a member of the Audit...
We're Social