CDB Aviation, a global leader in aircraft leasing based in Ireland, has released its performance highlights for 2024, showcasing impressive growth and strategic milestones. Over the year, the company executed 36 transactions involving 70 new and used aircraft, reflecting its robust operational activity and commitment to meeting market demand.
Avolon, a leading aircraft leasing company based in Ireland, has announced its operational and financial highlights for the fourth quarter of 2024, showcasing significant growth and strategic progress. During the quarter, Avolon acquired 12 aircraft and transitioned five aircraft to 10 customers. The company also finalized 17 sale and leaseback agreements, sold 29 aircraft, and signed Letters of Intent (LOIs) for the sale of an…
Avolon (Ireland) and Air New Zealand have signed a Memorandum of Understanding (MOU) to collaborate on research aimed at advancing the commercialization of electric aircraft and other novel propulsion technologies, including battery hybrid and hydrogen systems. This partnership underscores both companies’ commitment to driving innovation and sustainability in the aviation sector.
Air Lease Corporation (US) has revealed its key activities for the fourth quarter of 2024, showcasing significant progress in its operations and financial strategies. The company delivered 18 new aircraft to its customers and successfully completed the sale of 14 aircraft to third-party buyers, generating $540 million in proceeds.
AAR, a leading provider of aviation services based in the United States, has released its financial results for the second quarter of fiscal 2025, which ended on November 30, 2024. The company reported a 26% increase in sales, reaching $686 million. Despite this robust growth, AAR recorded a GAAP net loss of $31 million, reflecting ongoing operational and financial challenges.
Azorra, a US-based aircraft leasing and finance company, has announced the appointment of Damon D’Agostino as its Chief Business Officer (CBO). This newly created role underscores Azorra’s focus on expanding its business operations and driving strategic growth initiatives.
ABL Aviation, a global independent aircraft investment management firm headquartered in Ireland, has appointed Stephen Orr as its new Senior Vice President (SVP) for Africa. Based in Casablanca, Orr will play a pivotal role in expanding ABL Aviation’s presence across the African aviation market.
Setna iO, a US-based aviation company specializing in aftermarket aircraft components, has announced the purchase of a CFM56-7B engine for immediate teardown. This acquisition will bolster Setna iO’s ability to provide high-quality spare parts and components to its global customer base, ensuring reliable support for airline and MRO operations.
AK Holdings Co., the parent company of Jeju Air, has announced the cancellation of its planned corporate bond issuance. The company has also requested the credit rating agency to withdraw the associated rating for the bond. This decision marks a shift in AK Holdings’ financing strategy as it navigates ongoing challenges in the aviation sector.
AerCap Ireland and AerCap Global Aviation Trust, leading entities in the aircraft leasing sector, have announced the successful pricing of a $1.5 billion senior notes offering. The offering comprises $750 million in 4.875% Senior Notesdue in 2028 and an additional $750 million in 5.375% Senior Notes due in 2031.
