In another blow to SpiceJet, Celestial Aviation Services Limited has filed a plea to initiate Corporate Insolvency Resolution Process (CIRP) at the National Company Law Tribunal (NCLT). The plea is fi...
Ex-Aircastle vice president, Alan Godson has joined Aviation Capital Group (ACG) as senior vice president and chief technical officer. In this role, he will be responsible for all ACG asset management...
AFG Aviation recently acquired one A321-231 from Aircastle. On July 14, 2023, AFG purchased one Airbus A321-231 aircraft bearing manufacturer’s serial number (MSN) 3458 The aircraft will undergo major...
The National Company Law Tribunal deferred the hearing of three insolvency pleas filed by lessors against SpiceJet. The pleas, filed by Aircastle Ireland Limited and Wilmington Trust (SP) services, ha...
Aircastle Limited announced the pricing of $650 million aggregate principal amount of its 6.500% Senior Notes due 2028 at an issue price of 99.815%. Aircastle plans to use the net proceeds of the offe...
Aircastle closed Q1 of 2023 with a total revenue of $218 million and net income of $23million. The company recorded an adjusted EBITDA of $191 million, up 25% compared to the first quarter 2022. In Q1...
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...
We're Social