Abra Group — the majority investor of Gol and Avianca — and Brazilian carrier Azul signed a non-binding memorandum of understanding (MoU) on January 16, 2025, with the intent to explore a combination ...
AIP Capital has expanded its leadership team with several new hires, including Chris O'Scannlain as chief risk officer based in AIP's Stamford, CT office and Omar Mian as managing director, EMEA, base...
The aviation industry faces “unprecedented” financing needs, requiring $600bn over the next six years, with half of that expected to come from the leasing sector, Air Lease Corporation (ALC) executive...
Air Lease Corporation (ALC) has closed a $966.5million unsecured three year term loan, which has been syndicated to a diverse group of lenders based in Asia. The term loan was arranged by Sumitomo Mit...
Electric vertical takeoff and landing (eVTOL) aircraft developer Archer Aviation raised $430 million in additional equity capital, the company said on December 12, 2024. The move was part of its new p...
The Organisation of the Petroleum Exporting Countries (OPEC) has trimmed its guidance for oil demand growth in 2024 for the fifth time this year, it said in its final monthly oil market report (MOMR) ...
Korean Air has completed its acquisition of Asiana Airlines on December 11, 2024, according to local media reports. The merger was complete after Korean paid an additional 800bn Korean won ($559.4 mil...
ORIX Aviation CEO James Meyler has been promoted to group executive of ORIX Corporation Japan. This new responsibility will be in addition to his existing role and will take effect on January 1, 2025....
Arcano Partners has closed its second aviation transaction with the acquisition of two Airbus narrowbody aircraft with an existing lease attached, on lease to Wizz Air. “This specific [aircraft] type ...
Alaska Airlines has unveiled a new three-year strategy focused on expanding its operations while targeting enhanced profitability.The airline is embarking on a new global expansion strategy, transitio...
In a financial outlook for the global airline industry during 2025, IATA has forecast a “slight strengthening” of profitability, amid ongoing industry cost and supply chain challenges.Total industry r...
GOL Linhas Aéreas Inteligentes (GOL) has filed a Chapter 11 reorganisation plan with the US Bankruptcy Court that delevers its balance sheet and raises new capital as it seeks to exit bankruptcy as ...
We're Social