AirAsia X (AAX) has reached a mutual agreement with Malaysian investment firm Capital A, to extend the timeline for completing its proposed acquisition of Capital A’s aviation business, which includes...
Textron's revenues fell to $3.6bn in the fourth quarter of 2024, dropping from $3.9bn a year prior. Textron Aviation revenues fell from $1.5bn down to $1.3bn. “While a work stoppage at Textron Aviatio...
GE Aerospace's sales were up 46% in the fourth quarter of 2024, compared to the same period a year prior, totalling $15.5bn. The company's earnings report on January 23, 2025, also revealed that the e...
American Airlines has reported a record profit during the fourth quarter of 2024, recording a GAAP net income of $590 million, compared to $19 million during the same quarter a year prior. The Texas-b...
Air Lease Corporation (ALC) launched its $2bn commercial paper programme on January 21, 2025. The programme will allow the company to issue up to $2bn in short-term, unsecured notes.The notes will be ...
FTAI Aviation CEO and chairman Joe Adams called out a report from Muddy Waters Research, calling it “baseless and nonsensical” in a stock filing on January 21, 2025. The report in question, published ...
BNP Paribas (BNPP) and BBAM successfully closed a USD commercial debt financing for one A321neo aircraft operated by AirAsia.BNPP acted as sole lender, arranger, facility agent and security trustee fo...
Philippine low-cost carrier Cebu Pacific closed a sustainability-linked (SLL) Japanese operating lease with call option (JOLCO) for one new A321neo. The transaction marks the airline's first-ever sust...
Unum Aircraft Seating completed an over-subscribed funding round, backed by existing shareholders, including ACF Investors and Origin Capital Partners, the company said on January 15, 2025. The compan...
GOL Linhas Aéreas Inteligentes (GOL) has outlined a new five-year financial plan, which is expected to serve as the foundation for the company’s standalone legal plan for reorganisation under Chapter ...
Castlelake completed the financing of a loan to Virgin Atlantic Airways, the company said on January 13, 2025. The loan is secured by approximately $400 million in assets, including one A350-1000 airc...
LCI and Sumitomo Mitsui Finance and Leasing (SMFL) have executed $420 million worth of loan facilities, that can be used for funding social projects.The loan facilities were executed with four global ...
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