Aircastle closed Q1 of 2023 with a total revenue of $218 million and net income of $23million. The company recorded an adjusted EBITDA of $191 million, up 25% compared to the first quarter 2022. In Q1...
Azul launched public offering of senior secured notes due 2028. The offering is part of the Company's long-term structuring plan. "This offering represents an important milestone for Azul. It brings u...
In an attempt to infuse more funds in cash-strapped airline, Ajay Singh is planning to add $60.85 million into SpiceJet in lieu of fresh equity shares or convertible instruments, or both. Singh's deci...
Unifi Aviation has acquired Up & Away, UK’s aircraft services and private jet detailing businesses providing aviation services, including cabin cleaning, de-icing, private jet detailing, technical cle...
Thales has entered into exclusive negotiations to acquire Cobham Aerospace Communications (AeroComms) for $1.1 bn. With this acquisition Thales plans to strengthen its Avionics portfolio by adding glo...
EHang Holdings Limited entered into share subscription agreements for a total of $23 million private placement with several strategic investors led by Lee Soo Man, a renowned South Korean music produc...
volofin and DAOL Asset Management have closed financial transaction of one 777-300ER aircraft on lease to Air France. This is volofin’s inaugural financing transaction as the sole lender and lead arra...
Air Lease Corporation (ALC) delivered 19 new aircraft from ALC’s order book as of second quarter of 2023. The lessor announced an update on aircraft investments, sales activities, and financing occurr...
Private equity firm 777 Partners is currently in talks with Boeing and ATR to order new aircraft, Reuter reports. The firm aims to invest in more aircraft to help them enter new markets to tap into th...
Algeria’s National Investment Fund (FNI) has confirmed that Air Algérie will fund its latest order for eight 737-9 MAXs and seven A330-900s and two A350-100s to be delivered between 2025 and 2026. The...
The Ethiopian and Nigerian central banks have agreed to swap funds trapped in their respective states, which will see Ethiopian Airlines (ET) recover up to $100 million trapped in Nigeria, as per The ...
BOC Aviation executed a total of 73 transactions in the second quarter of 2023 (Q2). These include commitments to purchase 20 aircraft, delivery of 14 aircraft including one acquired by an airline cus...
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