Dubai Aerospace Enterprise (DAE), a leading global aircraft leasing company based in the UAE, has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital (NAC), an Ireland-based lessor specializing in regional aircraft. This acquisition marks a significant expansion of DAE’s portfolio and strengthens its position in the global aviation leasing market.
Skymark Airlines, a leading Japanese carrier, has announced an anticipated change in its major shareholders. UDS Airlines Investment Limited Partnership plans to transfer 3.0 million shares to Sojitz Corporation through an off-market transaction. Following this transfer, Sojitz will hold more than 5% of voting rights in Skymark Airlines, positioning itself as a key shareholder.
Six West Aviation, an Ireland-based global provider of flight operations and leasing solutions, has appointed Donal Young as its new Chief Development and Strategy Officer. This key leadership position underscores Six West’s commitment to expanding its market presence and driving strategic growth initiatives.
AerCap Holdings, a leading global aviation leasing company based in Ireland, has announced its 4Q 2024 transactions, showcasing robust performance across its leasing, purchasing, and financing activities. During the fourth quarter, AerCap finalized 92 lease agreements, completed 41 purchases for 27 aircraft, executed 55 sale transactions for 26 aircraft, and secured financing transactions worth approximately $1.8 billion. Additionally, the company…
HAECO, a leading global provider of aircraft engineering and maintenance services based in Hong Kong, has announced the extension of its line maintenance contract with EVA Air of Taiwan. The contract, now renewed until the end of 2026, continues to cover non-technical services, reinforcing the strong partnership between the two companies.
Airbus fell just short of its annual delivery target for 2024, completing the delivery of approximately 760 aircraft to customers. While December alone accounted for close to 120 deliveries, the overall total did not quite reach the ambitious goal set by the manufacturer. Official delivery numbers are expected to be published next week, providing a clearer picture of the…
Dubai Aerospace Enterprise (DAE), a leading global aircraft leasing company, has announced its business transactions update for the full year 2024, showcasing significant achievements across its operations.
Chorus Aviation (Canada) has announced the full repayment of its outstanding 5.75% Senior Unsecured Debentures due on December 31, 2024. The repayment amounted to US$59.9 million, along with all accrued and unpaid interest, settled entirely in cash. This milestone marks the company’s commitment to maintaining its financial responsibilities and strengthening its capital structure.
Allegiant Travel, a prominent U.S.-based travel company, has secured approximately $293 million through various debt facilities entered into between September 2023 and December 2024. This financial inflow is expected to strengthen the company’s balance sheet and support ongoing operations and strategic initiatives.
Werner Aero, a leading aviation services company based in the United States, has announced that its founder, president, and CEO, Mike Cazaz, will retire at the end of December 2024, marking the culmination of an impressive 32-year tenure. Under his leadership, Werner Aero evolved into a key player in the global aviation market, known for its innovative approaches to asset…
