Aircastle (US) and its subsidiary, Aircastle Ireland, have had their Long-Term Issuer Default Ratings (IDR) affirmed by Fitch Ratings at ‘BBB+’. The outlook for these ratings remains Stable, indicating a steady financial position and outlook for the leasing group.
Azorra (US) has announced that its corporate rating outlook has been revised from stable to positive by Fitch Ratings(US). Fitch Ratings has affirmed Azorra‘s Long-Term Issuer Default Rating (IDR) at ‘BB-’, reflecting the company’s improving business prospects and financial position.
Avolon Holdings (Ireland) has announced the early results of its previously launched debt tender offer, with the offer being upsized by 50% to US$1.2 billion. The decision to increase the tender offer reflects robust investor interest and the strong demand for Avolon’s debt instruments.
ACIA Aero Leasing, based in Ireland, has announced the successful extension and expansion of its syndicated credit facility. The facility is led by Investec Bank (UK) and includes both term loan and revolving credit tranches, along with a newly added subordinated term loan tranche.
Abelo, an Ireland-based aircraft leasing company, has closed a new warehouse financing facility of up to US$750 million. The facility was underwritten by Deutsche Bank and arranged with Deutsche Bank acting as Sole Structuring Agent, while both Deutsche Bank and MUFG (Japan) served as Joint Lead Arrangers.
Heston Airlines (Lithuania) has confirmed that it will resume wet lease operations for Norwegian during the upcoming summer season, with bases in Copenhagen and Palma de Mallorca. This arrangement strengthens the collaborative relationship between the two airlines and supports Norwegian’s summer operations.
Aviation Capital Group (ACG) has announced the delivery of one A321neo to Wizz Air (Hungary), marking the fourth aircraft provided to the carrier under a comprehensive multiple-aircraft sale/leaseback agreement. This transaction underscores the robust partnership between ACG and Wizz Air and highlights the growing demand for next-generation aircraft in Europe’s low-cost carrier market.
Kenya Airways is implementing a series of cost-control initiatives designed to improve fiscal sustainability, with a primary focus on mid-life aircraft upgrades, fuel-efficiency retrofits, and the adoption of more flexible lease terms. Acting Chief Financial Officer Mary Mwenga shared these insights as the airline adapts to shifting market dynamics and seeks to enhance competitiveness.
Vueling, the Spanish low-cost airline and a member of the IAG Group, has taken delivery of an Airbus A320 with serial number 5232. The aircraft was acquired on lease and is powered by CFM56-5B4/3 engines, part of the long-standing engine series produced by CFM International.
Sichuan Airlines, a major Chinese carrier, is finalizing preparations to put into service its fourth Airbus A321-200PCF(Passenger-to-Cargo Freighter conversion). The aircraft, bearing serial number 3013, is under lease from Sichuan Aviation Industry Development, further strengthening the airline’s growing freighter fleet.
