ATR expects 2025 to be another year of “stabilisation”, as tensions in the supply chain will remain at least during the first half of the year, said the manufacturer.ATR's deliveries were in line with...
London’s Heathrow Airport will submit its proposal to the UK government for a third runway this summer, confirmed the airports chief executive officer, Thomas Woldbye. This announcement by the airport...
Boeing delivered 45 commercial aircraft in January 2025, only one short of pre-COVID levels where it delivered 46 aircraft in January 2019. The total is also a considerable improvement on the same per...
Spirit Airlines has rejected yet another merger offer from Frontier Airlines on February 11, 2025. This follows a recently rejected $400 million proposition to merge the two ultra low-cost carriers at...
Electric vertical take-off and landing (eVTOL) aircraft developer Archer Aviation has raised $300 million in a funding round that included participation from institutional investors along with funds a...
Southwest Airlines has selected Tom Doxey as its new chief financial officer (CFO) and executive vice president (EVP) on February 10, 2025. Doxey will replace retiring CFO Tammy Romo. “Tom's expertise...
Spirit AeroSystems said its fourth quarter 2024 revenues will hit $1.66bn on February 10, 2025, in its preliminary results. The results exceed Wall Street estimates of around $1.5bn, though still down...
Castlelake has priced its $819.75 million aircraft asset backed securities (ABS) on February 7, 2025. The issuance consists of A, B, and C notes. The transaction marks Castlelake’s return to the marke...
IndiGo has closed the financing of three A320 family aircraft via Gift City, according to a person familiar with the matter. The airline is set to close four Gift City financing for the aircraft, with...
Investec closed its first transaction with regional airline based in the British Overseas Territory of the Turks and Caicos Islands, interCaribbean Airways. The transaction financed the acquisition of...
Nord/LB's global head of aviation Frank Wulf said his time at the bank “will come to an end” as this month closes after “the successful transition of the aviation lending book to Deutsche Bank”, Wulf ...
Lufthansa Group has closed its €325 million deal to acquire a 41% stake in ITA Airways, the company confirmed on January 17, 2025. The Italian airline is now officially part of the Lufthansa Group, be...
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