Boeing Names New President For Latin America And The Caribbean marks a pivotal leadership transition that signals fresh momentum in the region’s aviation strategy.
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Delta has joined Minnesota state and local leaders to mark the inauguration of a new Sustainable Aviation Fuel (SAF) blending facility serving Minneapolis-St. Paul International Airport (MSP), a significant milestone in efforts to decarbonize commercial aviation in the Upper Midwest.
Riyadh Air is currently in negotiations with Boeing and Airbus to order up to 50 additional widebody aircraft, with both the Airbus A350-1000 and Boeing 777X under consideration. The order would support the airline’s ambitious expansion plans as it works toward establishing Saudi Arabia as a key global aviation hub.
Volofin Capital Management (UK) has announced the successful structuring and closing of a spares inventory financing facility for Virgin Atlantic (UK). The facility, valued at up to $100 million, will support Virgin Atlantic in managing and optimizing its aircraft spare parts inventory.
Boeing has reached a definitive agreement to divest several prominent assets within its Digital Aviation Solutionsbusiness to private equity firm Thoma Bravo, marking a significant strategic shift in the aerospace giant’s portfolio. The all-cash deal, valued at $10.5 billion, encompasses a wide range of digital assets including Jeppesen, ForeFlight, AerData, and OzRunways.
US-based aircraft leasing firm Crestone Air Partners has announced the acquisition of two Boeing B737-800 aircraft, including one passenger version leased to UK-based leisure airline TUI, and one Boeing B737-800BCF (Boeing Converted Freighter) leased to Bulgarian operator Compass Air Cargo.
Sriwijaya Air, a leading Indonesian carrier, has expanded its fleet with the delivery of a Boeing 737-800, identified by serial number 29676. The aircraft is on wet lease from BBN Airlines Indonesia and is powered by CFM56-7B26 engines.
