SpeedNews

NORWEGIAN says capacity growth for 2025 will slow down, vs forecasted 13% for 2024, due to aircraft delivery delays from Boeing, which are expected to worsen. It plans to have 90 aircraft for summer 2025 vs current 86 (22 737 MAXs).

Air Transport

AEROMEXICO launched offering of senior secured notes for general corporate purposes and to repay $662.5m in debt.

Air Transport

THALES AVIONICS was selected by Qatar Airways to supply FlytEDGE cloud-native IFE system for its A321NXs.

Aerospace

AMTRA AERO COMPONENT SOLUTIONS acquired ex-Volaris A319-100 (3069) for part out by end November 2024.

Aerospace

DAE

Pablo Aguirre was promoted to President of AMTRA Aero, Tulsa; David Gantner was named President of AMTRA Aero Component Solutions.

Aerospace

JOBY AVIATION priced public offering of 40m shares, plus options for 6m, for $5.05 each to raise $202m.

Aerospace

Jennifer Wilson Skuhrovec to Chief Financial Officer of SIFCO Industries, Cleveland.

Aerospace

BOEING launched concurrent offerings of 90m shares of common stock (par value $5 per share) and $5b depositary shares (1/20th interest per share; par value $1 per share); offering includes options for 13.5m shares/$750m depositary shares, increasing total raise to $19b. Goldman Sachs, BofA, Citigroup and J.P. Morgan are lead bookrunning managers.

Aerospace

Gerry Butler to Head of Aircraft Trading and Capital Markets of Avation, Singapore.

Air Transport

VMIC, Korea managed lease extension (with EMIRATES)/refinancing for a 777-300ER on behalf of a domestic institution.

Air Transport

ABRA GROUP (GOL/Avianca/Wamos) secured $1.25b financing, including $740m loan from Castlelake, to repay debt.

Air Transport

GA TELESIS agreed to purchase 23 V2500-powered A320ceos/A321ceos (DOM 2014-2019) from Spirit Airlines.

Air Transport