PK AirFinance closes first aircraft loan ABS
PK AirFinance, Apollo Global Management's aviation lending platform, has closed its first loan asset-backed securitisation (ABS), PK ALIFT loan funding 3 Series 2024-1 (PKAIR 2024-1). PKAIR 2024-1 ...
PK AirFinance, Apollo Global Management's aviation lending platform, has closed its first loan asset-backed securitisation (ABS), PK ALIFT loan funding 3 Series 2024-1 (PKAIR 2024-1). PKAIR 2024-1 ...
C&L Aviation Group's C&L Aerospace has appointed Amanda Hartwig as its regional sales manager in its regional airline division. Hartwig will provide regional aircraft parts support for Canada as well ...
MRO Holdings (MROH) has agreed to a strategic minority investment from Bain Capital to support its ongoing development. Financial terms of the private investment were not disclosed. MROH is based i...
American Airlines has partnered with Tulsa Tech, providing students at the latter's aviation maintenance technology programme with over 3,000 new industry mentors. Students have direct access to the a...
Delta Air Line’s shares tumbled over 8% in pre-market trading on July 11, 2024, after its disappointing second quarter results. The US carrier reported a GAAP net profit of $1.3bn, or $2.01 per sh...
JetBlue Airways has requested United Airlines to be disqualified from securing one of five new round-trip routes from the congested Washington Reagan National Airport, Reuters reported. The route woul...
Azorra has closed a US$450 million financing facility with Brazilian Development Bank (BNDES). After securing an initial $150 million facility obtained in December 2023, the lessor has now closed on t...
Horizon Aircraft has appointed Phil Kelly as senior vice president business development. Horizon said that Kelly’s “familiarity and in-depth understanding of VTOL aircraft and the optimisation of n...
Dnata has secured a multi-year contract with Azul Airlines at Orlando International Airport (MCO) in the USA. dnata will “provide its safe and reliable ramp services to the Brazilian carrier”, whil...
Héroux-Devtek, the landing gear manufacturer, has entered into an arrangement agreement with an affiliate of US-based private equity firm Platinum Equity Advisors (Platinum Equity). The terms of th...
Pay is likely to be a headwind for Boeing over the next few years as it reintegrates Spirit AeroSystems and labour negotiations push for higher wages, senior analysts from a Bloomberg Intelligence rep...
Textron Aviation has delivered the first Cessna SkyCourier twin-engine utility turboprop equipped with a combi interior conversion option. ""The Cessna SkyCourier’s new Combi option demonstrates th...
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