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AELF Secures $31M Loan Backed By A330 Lease

Aircraft Engine Lease Finance (AELF), a US-based lessor, has finalized a $31 million loan agreement with Absa Bank Group of South Africa, backed by an Airbus A330-300 aircraft currently on lease to South African Airways (SAA). The funding arrangement represents a key financing transaction that underscores continued investor interest in widebody aircraft leased to national flag carriers.

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LATAM And Delta Expand JV To Include Argentina

LATAM Airlines Group and Delta Air Lines have officially announced the expansion of their trans-American joint venture (JV) to include Argentina. This integration marks a significant milestone in the partnership, aiming to further consolidate the connectivity between North and South America through coordinated operations, schedules, and commercial efforts.

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VietJet Appoints Nguyen Thanh Son As Managing Director

VietJet, the Vietnamese low-cost airline, has announced the appointment of Nguyen Thanh Son as its new Managing Director, effective immediately. He takes over the executive position from Dinh Viet Phuong, as the airline continues to strengthen its leadership team to support its long-term growth strategy.