AerCap signed 124 lease agreements, including 18 widebody aircraft, 77 narrowbody aircraft, 11 engines and 18 helicopters during Q2 of 2023. The lessor also completed the purchases for 22 new aircraft...
Norwegian has entered into an agreement with WF Holding AS to acquire Widerøe for a cash consideration of NOK 1,125 million. The purchase price is subject to certain adjustments after closing, includi...
Avolon carried out 31 lease transactions comprising new aircraft leases, follow-on leases and lease extensions in the second quarter (Q2) of 2023, according to its latest trading update. The lessor si...
Bombardier recently completed the transaction to acquire Latécoère’s assets and activities of its Electrical Wiring Interconnection System (EWIS) business in Querétaro, Mexico. “The Bombardier team is...
SpiceJet has settled INR 1bn payment to City Union Bank. The last tranche of INR 0.25 crore was paid on June 30, 2023 as per the airline’ filing on July 3. “This successfully closes the entire loan ac...
Lygg, a door-to-door air mobility start-up from Finland has raised €3.6 million to expand its private routes to more locations in Europe and beyond. The funding round was led by Superhero Capital alon...
VSE Corporation closed its previously announced acquisition of Desser Holding Company LLC (Desser Aerospace). VSE also sold Desser Aerospace’s Proprietary Solutions businesses to the Loar Group. Excit...
Stratus Financial has closed a new credit facility for $30 million to fund the education of aspiring pilots planning to pursue their aviation dream. "We are excited to announce the successful close of...
AIP Capital closed a minority investment and joint venture agreement with Dreamstone Aviation Partners (DAP). AIP will hold ~30% of the shares in DAP and will join the board of directors. The joint ve...
Temasek Holdings, the state investor in Singapore Airlines (SIA) is planning to sell around $295 million shares or 1.85% stake in SIA, Reuters report. Temasek had a direct and deemed interest in appro...
South Korea’s SK Telecom (SKT) has made an equity investment of $100 million in Joby Aviation as a part of extended partnership between the two companies. The agreement paves way for Joby to participa...
Cash-strapped Pakistan International Airlines (PIA) has received another lease of life with a supplementary grant of $14 million from the Pakistan government. With this grant the airline aims to pay o...
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