Aquila Air Capital, a US-based aircraft leasing and financing company, has announced that Wafra, an investment firm headquartered in the US, has completed the acquisition of its platform from private equity firm Warburg Pincus. This transaction marks a significant shift in ownership and highlights continued investor confidence in the aviation finance sector.
Airbus has initiated negotiations with Daher, a French aerospace company, for the potential acquisition of aerostructures subassembly activities related to the A320 family near Nantes, France. This move aligns with Airbus’s strategy to streamline its supply chain and strengthen its position in the aerostructures market.
BNDES (Brazilian Development Bank) has approved $182 million in financing for the export of eight Embraer E2 jets to Azorra, a US-based leasing company. Deliveries are scheduled to take place between December 2024 and 2025, showcasing the ongoing collaboration between Brazilian manufacturers and global operators.
Air Lease Corporation (ALC), a leading aircraft leasing company based in the United States, has successfully closed a $966.5 million unsecured term loan facility. The loan, which matures in December 2027, will provide financial flexibility to address the company’s working capital needs and support general corporate purposes.
Air Europa Holdings, a leading Spanish carrier, anticipates closing 2024 with a turnover of nearly $3 billion, reflecting a 6.3% year-on-year increase. The growth comes as the airline focuses on reducing its leverage while continuing to expand and modernize its fleet. As part of its fleet expansion strategy, Air Europa plans to add three Boeing 787 Dreamliners and its first Boeing 737…
Airbus is reportedly close to signing a definitive agreement with Spirit AeroSystems (US) for the acquisition of Airbus-related work packages. The deal is expected to be finalized within the next few days, as Spirit prepares for its pending takeover by Boeing. This agreement could redefine the competitive landscape in the aerospace sector, with Montana Aerospace (US) emerging as a potential bidder for the divested packages.
The Nivelles enterprise court has approved the takeover of Air Belgium by Peso Aviation Management (Netherlands) and Air One Holding International (UK). The new ownership marks a significant shift for the Belgian carrier, which will now focus exclusively on cargo operations. The restructuring will also see the workforce reduced from 401 employees to 197, reflecting the streamlined focus on cargo services.
EPCOR (Netherlands) and Philippine Airlines (Philippines) have announced a strategic partnership for the maintenance of Auxiliary Power Units (APUs) for Philippine Airlines’ A320 fleet. This agreement specifically focuses on the APU131-9A, a critical component ensuring reliable onboard power and system functionality.
Boeing has disclosed updates to its November 2024 order book, reflecting changes in the B737 MAX program. The updates include new orders and cancellations from multiple customers.
Airbus, the European aerospace giant, has released its November 2024 order book changes, showcasing significant updates. The company reported new orders from undisclosed customers for: These additions highlight continued interest in Airbus’s wide-body and single-aisle aircraft, catering to various market demands. The A321neo remains a popular choice for its fuel efficiency and range capabilities, while the A330-900 and A350-900 models appeal to…
