Lesha Bank acquires five 777 aircraft
Qatar based Lesha Bank has acquired five 777-300ER aircraft.The acquisition underscores the bank’s aim to build expertise in the aviation sector, while establishing this as “a key pillar” of its growt...
Qatar based Lesha Bank has acquired five 777-300ER aircraft.The acquisition underscores the bank’s aim to build expertise in the aviation sector, while establishing this as “a key pillar” of its growt...
Air Lease Corporation (ALC) has closed a $966.5million unsecured three year term loan, which has been syndicated to a diverse group of lenders based in Asia. The term loan was arranged by Sumitomo Mit...
Boeing plans to expand its operations at the 787 production site Charleston, South Carolina with a $1bn investment into the site's infrastructure. The company is aiming to increase the 787's productio...
Transat - operating as carrier Air Transat - has reported on December 12, 2024, a surge in profits in the fiscal fourth quarter of the year, ending October 31, 2024. Profits totalled C$41.2 million ($...
TUI has reported robust results for the 2024 financial year, ending on September 30, 2024.The travel company reported growth within its consolidated group results, with revenue totalling €23.2bn ($24....
Alaska Airlines has raised its fourth quarter guidance due to stronger revenue performance and lower non-operating expense. The Seattle based carrier expects its profit per share to be between $0.40 a...
Phoenix Aviation Capital and AIP Capital have closed a $240 million term loan facility.The facility is intended to be used to finance the acquisition of six next-generation aircraft assets on long-ter...
GE Aerospace has projected continued financial growth during 2025, the company said in an investor update on December 9, 2024.The American engine provider stated that its commercial engines services (...
Private investment firm Corrum Capital Management completed a single-asset continuation fund completed a single-asset continuation fund allowing it to continue its partnership with AvAir on December 4...
Southwest Airlines raised its fourth quarter guidance on December 5, 2024, driven by stronger than expected travel demand.Revenue per available seat mile (RASM) for the fourth quarter is now expected ...
LATAM Airlines Group has signed its first sustainability-linked loan, totalling $300 million, making it the first airline in South America to carry out a transaction of this this nature. The agreement...
Safran expects revenue growth of around 10% in 2025, it said at its capital markets day on December 5, 2024. In addition, the company's preliminary outlook for next year detailed a recurring operating...
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