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3TOP Aviation Acquires Four Ex-Alitalia CF34-8E Engines

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3TOP Aviation Services has acquired four ex-Alitalia CF34-8E engines to enhance its support capabilities for designated customers. The engines, with serial numbers 193835, 193838, 193846, and 193847, will be utilized to meet the specific needs of 3TOP’s clientele, offering essential components for regional aircraft powered by these engines. This acquisition strengthens 3TOP’s inventory and positions the company to provide faster and more…

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AvAir Expands Aftermarket Sales Agreement with Lufthansa Technik

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AvAir, a US-based leader in aviation aftermarket inventory solutions, has expanded its long-term aftermarket sales agreement with Lufthansa Technik Component Services (Germany). This enhanced partnership includes an inventory acquisition of over 1,600 overhauled wheels and brakes, which will be added to AvAir’s extensive stock for distribution and sale.

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Iraero Purchases Six Aircraft Engines from Tambov Airport Auction

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Iraero, a regional airline based in Russia, has successfully acquired six aircraft engines through an auction held by Tambov Airport. The starting bid for these engines was set at US$600,000, reflecting a strategic acquisition aimed at bolstering Iraero’s operational capacity and maintaining fleet reliability. The transaction highlights Iraero’s efforts to secure essential assets to support its operations amid fluctuating…

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Genesis Acquires Three Narrowbody Aircraft from BOC Aviation

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Genesis, an Ireland-based aircraft leasing company, has completed a transaction with BOC Aviation of Singapore, acquiring three of the most sought-after narrowbody aircraft in the aviation market. This acquisition includes a Boeing 737-8 currently on lease to TUI in Germany, an Airbus A320 with Volaris in Mexico, and an Airbus A320neo leased to TAP Air Portugal. These aircraft are among the most liquid models in the narrowbody segment, reflecting Genesis’s…

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Doric Nimrod Air Two Completes Sale of Three A380s, Plans More Sales

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Doric Nimrod Air Two, a UK-based aircraft leasing fund, has announced the successful sale of three Airbus A380aircraft, specifically serial numbers 105, 106, and 107. The proceeds from these sales will be distributed to the fund’s shareholders, aligning with Doric Nimrod’s strategic plan to gradually monetize its A380 assets as market conditions evolve. This sale highlights the fund’s commitment…

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Aergo Capital Acquires A321 Aircraft Leased to Wizz Air

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Aergo Capital, a prominent Irish aircraft leasing firm, has acquired an Airbus A321-200 aircraft, with serial number 6976, from an investor customer of FPG Amentum, also based in Ireland. The aircraft, currently leased to Wizz Air, a low-cost airline headquartered in Hungary, marks a strategic addition to Aergo Capital’s growing portfolio. This acquisition aligns with Aergo Capital’s objectives to expand…

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Italy Suspends ITA Airways Stake Sale to Lufthansa Over Price Dispute

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Italy’s Treasury has temporarily suspended the sale of a 41% stake in ITA Airways to Lufthansa due to a price disagreement between the two parties. The deal, originally announced in May 2023, stipulated that Lufthansa would acquire the stake for €325 million, marking a strategic move to strengthen its position in Southern Europe. However, Lufthansa…

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Stonepeak to Acquire Air Transport Services Group in $3.1 Billion All-Cash Deal

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Air Transport Services Group (ATSG), a prominent U.S.-based provider of air cargo and leasing services, has entered into a definitive agreement to be acquired by investment firm Stonepeak in an all-cash transaction valued at approximately $3.1 billion. The deal, which is expected to close in the first half of 2025, will result in ATSG transitioning…

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Estonia Advances Talks with Investor Lars Thuesen on Sale of Nordic Aviation Group

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The Estonian government has given preliminary approval to proceed with negotiations with aviation investor Lars Thuesen regarding the sale of Nordic Aviation Group and Transpordi Varahaldus, two significant players in Estonia’s aviation sector. This conditional approval allows for the continuation of talks, provided that the Nordic Aviation Group’s board meets specific business performance targets in…

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Aerolineas Argentinas Privatization Draws Interest from GOL, Abra Group, and German Efromovich

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The potential privatization of Aerolineas Argentinas, the national airline of Argentina, is attracting significant interest from key players in the aviation industry. GOL Linhas Aéreas of Brazil, the UK-based Abra Group, and industry veteran German Efromovich are reported to be evaluating the opportunity to invest in the airline. However, before any transactions can take place,…