Ray Sisson and Credit Suisse have teamed up to create a profoundly new business in the aviation market. SCALE Aviation, a Dublin-based, wholly-owned subsidiary of Credit Suisse, is described as a conduit liquidity provider to the aviation industry. SCALE, with
Split Rock Aviation has appointed Steve Welo as a partner, he joins the firm from At R.W. Pressprich In his previous position Welo gained experience arranging debt and equity financings, aircraft sales and restructuring assignments – including a structured portfolio sale
MTU Maintenance, has opened an office in close to Dubai International Airport, as part of the firm’s global growth strategy. The Dubai opening follows on from the firm’s recently opened office in Singapore and Dublin. “Some of our largest customers
Aergo Capital Limited has completed the delivery of one Airbus A330-200 bearing manufacturers serial number 834 to Jordan Aviation. The aircraft, which is owned by an affiliate of METAL 2017-1, was previously on lease to Shaheen Air. Fred Browne, chief executive
Christos Spyrou joins TIACA’s board of directors, following a recent board meeting of the cargo industry group. Spyrou, is chief executive and founder of Neutral Air Partner (NAP), has joined the board of directors of TIACA (The International Air Cargo Association),
LOTAMS has performed the C-check of the B737-800 NG of the Air Europe airline, the EC-LPR aircraft work was the third heavy check the Polish aviation maintenance firm performed for the Spanish carrier. The cooperation between the Polish maintenance leader
Air BP has extended its agreement with BAA Training, which will see the aviation fuel provider supply Avgas 100LL aviation fuel to all training firm’s flight bases. Additionally, AIR BP will supply unleaded aviation fuel for BAA Training’s aircraft in Lleida-Alguaire and at
Aeroflot is to create a regional hub in in Krasnoyarsk, Siberia, as part of the Russian flag carrier’s strategic goal for regional development. In a statement Aeroflot said that it plans to launch flights from Krasnoyarsk to 12 new destinations; Simferopol,
ABL Aviation has delivered its third JOLCO for EL AL Airlines with the financing of a 787-8 combined with UK Export Finance (UKEF) supported debt provided by ING, resulting in the Isreali carrier receiving a $114 million guaranteed loan. The
The International Air Transport Association (IATA) announced that its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) shows a potential 13% full-year loss of passenger demand for carriers in the Asia-Pacific region. “Considering that growth for
WestJet has announced the promotion of is of Sarah Walker to the role of vice-president, financial planning and analysis and Jennifer Bue to the role of vice-president, controller. Both will be reporting to Harry Taylor, WestJet executive vice president finance and chief financial officer EVP,
