EJS (UK) has signed a Letter of Intent (LOI) with Nordic Aviation Capital (Ireland) to acquire an Embraer E175, serial number 17000316, previously operated by Air Burkina. The aircraft, currently located in Poland, is scheduled for disassembly at Nordic Aviation Capital’s Bydgoszcz facility during the first quarter of 2025.
Aircastle (US) has completed the delivery of its first Boeing 737-9 MAX to United Airlines (US), marking the start of a series of six planned deliveries in 2024 and 2025. This aircraft is the first of the new MAX 9s that will join United’s growing fleet as part of its ongoing modernization and expansion efforts.
Chorus Aviation (Canada) has announced plans to repay its corporate financings, aiming to optimize its capital structure and strengthen its financial position. This decision follows the successful sale of its Regional Aircraft Leasing segment, a move that marked a significant strategic shift for the company.
Grupo Aeromexico, one of Mexico’s leading carriers, reported a steady rise in passenger numbers for November 2024, highlighting a 0.3% year-on-year increase to reach 2.0 million passengers. The airline also saw notable growth in key operational metrics, reflecting its robust recovery and growing demand for air travel.
Thai Airways International has undergone a significant shareholding restructure as part of a debt-to-equity conversion, altering the composition of its major shareholders. This move is a key element of Thai Airways’ broader restructuring plan aimed at improving its financial stability and positioning the airline for long-term recovery.
Chorus Aviation (Canada) has finalized the sale of its Regional Aircraft Leasing segment, including Falko (UK), to HPS Investment Partners (US). The transaction represents a significant strategic shift for Chorus as it focuses on its core operations and streamlines its corporate structure.
Archer Aviation (US), a pioneer in the electric vertical takeoff and landing (eVTOL) sector, has entered into a collaboration agreement with key stakeholders in the UAE and Abu Dhabi. This strategic partnership aims to advance the establishment of electric air taxi operations in Abu Dhabi, positioning the city as a hub for innovative and sustainable urban mobility solutions.
Avolon Holdings Limited, a leading global aviation finance company, has announced the pricing of a $1.5 billion private offering by its wholly owned subsidiary, Avolon Holdings Funding Limited. The offering consists of two tranches: $850 million of 4.95% senior unsecured notes due in 2028, and $650 million of 5.15% senior unsecured notes due in 2030.
Safran Aircraft Engines has inaugurated a new assembly line at its Querétaro, Mexico plant, enhancing its production capabilities. This expansion, representing an investment of 720 million pesos, adds 4,300 square meters of operational space and 8,500 square meters of logistics warehouses, bringing the facility’s total operational area to 26,000 square meters. The project is expected to create 150 new jobs, increasing the plant’s workforce to 650…
Bombardier has announced the resolution of its long-standing lawsuit against Honeywell International (US). Initially filed in 2016 in the Superior Court of Quebec, the dispute has now been settled through an agreement whose terms remain confidential.
