VIETNAM AIRLINES has MOU from ING to provide up to US$1.5b financing for major initiatives to boost capacity and global reach. ING is also offering advisory support, capital arrangement services, and long-term strategic collaboration.
PIEDMONT AIRLINES is adding 45 E175-E1s in 2028-2030 as part of American’s order for 90 that was announced in March 2024 (SPNWS; March 8, 2024), adding to its current fleet of ERJ 145s.
AERCAP announced the Commercial Court in London ruled that is entitled to recover its claim for an indemnity of about $1b from insurers for aircraft and engines not recovered from Russia following its invasion of Ukraine in February 2022.
QANTAS is shutting down JETSTAR ASIA, Singapore on July 31 to recycle up to A$500m into its current fleet renewal program; 13 A320s will be redeployed to Australia/New Zealand. Jetstar Airways and Jetstar Japan are unaffected.
ENVOY AIR says it is adding 33 E175-E1s in 2026/2027 as part of American’s order for 90 that was announced in March 2024 (SPNWS; March 8, 2024), increasing its total fleet commitment to 214 E-Jets, including 171 E175s and 43 E170s.
PHOENIX AVIATION CAPITAL and AIP CAPITAL closed $300m senior secured credit facility with Royal Bank of Canada, Citibank and Morgan Stanley to refinance seven assets currently owned by Phoenix and provide funding for acquisitions.
UNI AIR, Taiwan ordered 19 ATR 72-600s with PW127XTs for delivery in 2027-2032 in deal that includes three additional purchase rights; aircraft are slated to replace and expand its current fleet of 14 ATR 72-600s.
