Ryanair (Ireland) has announced plans to commence operations from Paris Orly Airport in 2025, introducing new connections to Bergamo (Italy) and Bratislava (Slovakia). This marks a significant expansion of the airline’s network from one of Europe’s busiest airports.
TrueNoord (Netherlands) has completed the acquisition of seven ATR72-600 aircraft from GOAL Aircraft Leasing (Germany). These aircraft are currently on lease to prominent European carriers, further strengthening TrueNoord’s regional aviation portfolio.
ASL Aviation Holdings (Ireland) is set to expand its cargo operations by potentially operating a B737-800BDSF for DHL (Germany). The aircraft, identified by serial 30499, is expected to be flown under CMI (Crew, Maintenance, and Insurance) service, further strengthening the partnership between the two companies.
Avolon (Ireland), a leading global aircraft leasing company, has announced a significant enhancement to its unsecured revolving credit facility. The facility, backed by a syndicate of 25 banks, has been upsized by $1 billion, bringing the total to $5.8 billion, and its maturity date has been extended by two and a half years, from April 2026 to October 2028.
Falko Regional Aircraft Limited (UK) has announced the successful completion of its previously disclosed aircraft portfolio transaction with Nordic Aviation Capital (Ireland). The transaction includes the acquisition of four Embraer E190s, currently on lease to Royal Air Maroc (Morocco).
CDB Aviation (Ireland) has successfully completed the sale of two Airbus A330-200 aircraft to National Airlines (US). The transaction was finalized with the delivery of the second aircraft, both powered by Trent 800 engines, marking a significant milestone in the leasing company’s portfolio management.
Natixis Corporate & Investment Banking (CIB) (France) has provided financing for the acquisition of ten LEAP-1B engines by Phoenix Aviation Capital (Ireland) and AIP Capital (US). These engines are scheduled for delivery in 4Q 2024 and will be leased to a maintenance, repair, and overhaul (MRO) provider.
Avia Solutions Group (Ireland) has reported impressive financial results for Q3 2024, with revenues rising 25% year-over-year to $2.1 billion. The company’s net profit also saw a significant increase, climbing more than 15% to $87.3 million.
ACIA Aero Leasing (Ireland) has announced the sale of an ATR72-500 LCD freighter, identified by serial number 727, to Air Creebec (Canada). This transaction marks a significant milestone as it introduces the first ATR aircraft to Air Creebec’s fleet. The newly acquired freighter is set to enter operations in December 2024.
SpiceJet (India) is grappling with two additional insolvency petitions filed at the National Company Law Tribunal (NCLT). The claims have been lodged by Sabarmati Aviation (Ireland) and JetAir 17 (Ireland), intensifying the financial challenges faced by the Indian low-cost carrier.
