Aircastle entered into a new $600 million unsecured financing facility on May 5, 2025. The facility expires in April 2030 and provides working capital for general corporate purposes, including aircraf...
Vietnam Airlines and the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) have signed a memorandum of understanding (MOU), to secure funding for the acquisition of 50 narrowbody ...
Brazilian carrier Voepass has filed for bankruptcy protection, attributing its financial woes largely to the suspension of its flight operations. The airline pointed to actions caused by LATAM Airline...
The Saudia Group has signed a deal with Airbus to acquire up to 20 A330neo aircraft, ten of which are firm orders for the airline group’s low-cost carrier flyadeal.The company said that the purchase o...
Campbell Wilson will step down as the chair of Air India Express, Air India’s low-cost subsidiary, and will be replaced by chief commercial officer Nipun Aggarwal.Citing a memo, multiple news outlets ...
Spirit Airlines has appointed Dave Davis as the airline’s new president and chief executive officer, effective April 21, 2025.Davis joins Spirit from Sun Country Airlines, where he served the airline'...
Martin Gauss, CEO of airBaltic, was ousted from his role at the airline on April 7, 2025, leaving his position effective immediately. After a 14-year tenure as the airline's chief, airBaltic announced...
BOC Aviation has closed a self-arranged term loan, totalling $1.5bn with 21 banks globally, making this the largest term loan the company has signed to date.The transaction involves two separate facil...
China Aircraft Leasing Group (CALC) has upsized its inaugural warehouse facility to $700 million, the company said on March 31, 2025. The company had secured the $400 million warehouse facility in Oct...
Japan Airlines (JAL) has finalised its order for an additional 17 737 MAX 8 aircraft. The airline had previously disclosed its intention to order the aircraft earlier this month. “The 737 has been the...
Korean Air has finalised its widebody order made at the Farnborough International Airshow last year. The agreement finalises the memorandum of understanding, with firm orders for 20 777-9 and 20 787-1...
Malaysia Aviation Group unveiled an order for up to 60 737 MAX aircraft on March 21, 2025. The group made a firm order for 18 737-8 and 12 737-10 jets — totalling 30 737 MAX aircraft — powered by CFM ...
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