Haitong UT entered 2024 with 17 owned aircraft with a total net carrying value of approximately $728 million. The Chinese lessor has since added an 18 th aircraft to its portfolio for approximately ...

Formerly operating as Pullmantur Air, Wamos Air celebrated its 20th anniversary last year. In 2014, former majority owner Royal Caribbean Group sold its 81% stake in Pullmantur to Springwater Capital, ...

Martin Gauss, president and chief executive of Air Baltic says the $340 million ($365 million) unsecured bond raised to refinance the €200 million maturing in July 2024 has a 5.25-year tenor but the ...

Cebu Pacific’s group revenues amounted to PHP25.3 billion in Q1, up 21.2% year on year, primarily driven by an increase in passenger volume, especially for international destinations.

While acknowledging that credits received from Pratt & Whitney will help to mitigate the financial impacts of aircraft grounded due to GTF engine recalls, Spirit Airlines said that margins will be ...

“We have signed a letter of intent for nine new aircraft with lessors that have delivery positions for the year 2025 and 2026,” he confirms to Airfinance Journal, adding that the new A220-300s will be ...

The Fiji Airways Group posted a $131.8 million profit before income tax for the year 2023, returning to profitability for the first time since 2019, when it recorded a $61.2 million EBIT. The group ...

Saudi Arabia’s sovereign wealth fund backed lessor Avilease has delivered two Boeing 737-8 aircraft on lease to Air India Express. These are the first tranche of six aircraft that will be delivered in ...

Air Baltic has priced a €340 million ($365 million) issue of 14.5% senior secured bonds, to refinance a €200 million bond maturing in July. The transaction was the largest corporate bond issue ...

Avolon has priced a private offering of $1 billion, 5.75% senior unsecured notes due 2029. The offering is expected to close on or about 15 May 2024, subject to customary closing conditions.

Florida-headquartered Willis Lease Finance (WLFC) posted an all-time high quarterly core lease rent and maintenance reserve revenue result of $97 million in the three months ended 31 March, up 26% ...

Aercap is currently rated BBB with the three main rating agencies and is on positive outlook with Moody’s and S&P Global Ratings, but S&P’s last upgrade was in October 2019. In the first quarter of ...