AerCap has announced a deal with Safran Aircraft Engines (Safran) and Shannon Engine Support (SES) for the purchase of 150 new CFM LEAP spare engines valued at approximately $3 billion at list prices....
Latvian national airline airBaltic has successfully priced a €340 million 14.50% 5.25-year (five years and three months) senior secured bonds. The airline reports that the transaction was “well ...
The Delhi High Court has found in favour of 14 leasing companies seeking to repossess 54 aircraft leased to Go First, enabling the lessors to continue with the process to deregister the aircraft with ...
Gama Aviation has delisted from the London Stock Exchange (LSE) and has proposed a tender offer of £32.6 million (approximately $40.9 million) return of capital to shareholders. The company said the d...
Despite recording a lower than potential 2024 first-quarter net loss of $355 million (compared to $388 million last year) and an increased Q1 order backlog of $448bn, Boeing remains confident that imp...
Speaking at the Airline Economics’ Growth Frontiers conference in Riyadh, president of the Saudi General Authority of Civil Aviation (GACA) Abdulaziz Al-Duialej highlighted how private-public investme...
Pratt & Whitney (P&W) reported Q1 2024 sales of $6.456bn, up 23% year-on-year, as the GTF engine manufacturer continues to address manufacturing issues with its PW1100G GTF (geared turbofan) powerplan...
Jeffrey Knittel is retiring as chairman and chief executive officer of Airbus Americas from June 3, 2024, after serving the position since 2018. Though, he will remain at Airbus through a transition p...
Pegasus Airlines has closed an aircraft non-payment insurance (NPI)-backed financing with Itasca MGA for three A321neo aircraft. The first A321neo delivered to Pegasus and covered by the Itasca MGA...
Members of Airbus Canada Internationale Association of Machinist and Aerospace Workers (IAMAW) Local Lodge 712 have rejected a ‘proposed tentative agreement’, the third offer to be rejected in a serie...
Global Jet Capital has closed its BJETS 2024-1 asset based securitisation (ABS), raising approximately $575 million. BJETS 2024-1 is Global Jet Capital’s seventh ABS, bringing total assets securitised...
Spirit Airlines has provided update to its guidance for the first quarter of the year, with its total revenue now being estimated to be approximately $1.265bn. Its previous guidance for total revenue ...
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