Genesis, an Ireland-based aircraft lessor, has announced the promotion of Denise Byrne from her role as VP of Pricing to Senior Vice President (SVP) of Portfolio Services. This new department will consolidate Genesis’s pricing and risk management activities under a single umbrella, enhancing the company’s focus on effective asset management and strategic financial oversight. Byrne’s…
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…
Willis Lease Finance Corporation (WLFC), based in the United States, has announced a significant financial performance for the third quarter of 2024, with total revenues increasing by 38.3% to $146.2 million and net income rising by 64.8% to $24 million. This impressive growth highlights WLFC’s strong market position and successful business strategies in the aircraft…
Air Transport Services Group (ATSG), a prominent provider of air cargo and aircraft leasing services in the U.S., is set to be acquired by Stonepeak, a leading investment firm, in a transaction valued at approximately $3.1 billion, including debt. This acquisition marks a significant expansion of Stonepeak’s presence in the aviation sector, particularly in cargo…
GOAL, a prominent aircraft leasing and asset management company based in Germany, has welcomed Vicente Alava Pons as its new Managing Director. This leadership change reflects GOAL’s commitment to advancing its strategic objectives and enhancing its position in the aviation leasing sector.
