Air Transport

Al Wood to Executive-in-Residence of Warburg Pincus, New York; he will help build Aquila Air Capital.

AQUILA AIR CAPITAL was formed by Warburg Pincus, Kepler Hill Capital and Al Wood to purchase/finance/lease commercial aircraft, engines and other

Steven Graham to Head of Americas, based in New York, of Avolon.

Felipe Campos to Chief Technical Officer of Avolon, Dublin.

The former finance chief at Boeing Commercial Services has teamed with a well-known private equity firm in aerospace and defense to launch Aquila Air Capital, a new commercial aircraft, engine and equipment lessor, to capitalize on the historic disruption in commercial aviation.

AIR NOSTRUM is seeking €103m in loans from fund managed by SEPI to offset losses due to COVID-19 and forecast of slower recovery than originally

FALKO REGIONAL AIRCRAFT priced its inaugural ABS financing transaction, Regional 2021-1, which totals $255m to refinance portfolio of 39 regional jet

Rainer von Borstel, the CEO of aircraft systems and cabin interiors provider Diehl Aviation since 2010, will retire this month and Josef Köcher, who recently joined as COO, will succeed him, the company announced April 19.

Donegal, Kerry and Knock are among the Irish regional airports set to benefit from an €11 million ($13.2 million) government grant, as Irish aviation calls for the implementation of a reopening plan.

Milan-based airline Neos has received tentative approval from the U.S. Transportation Department (DOT) for exemption authority and an amended foreign air carrier permit.

ExpressJet, a U.S. regional carrier which ceased flying last September, is seeking permission to begin scheduled commercial operations under its own brand.

Greek carrier Aegean Airlines has decided to divert funds that were originally allocated to a new training center into working capital.

Munich and Nuremberg airports are to become hubs for a regional air mobility network proposed for Bavaria by electric air taxi startup Lilium.

Air France-KLM is hoping to operate 50% of its normal capacity across the airline group’s entire network during the summer season, CEO Ben Smith said.

IATA has entered an agreement with Eurofins to incorporate its worldwide COVID-19 testing network into IATA Travel Pass.

Philippine carrier Cebu Pacific has received a $250 million cash injection in the form of convertible bonds from International Finance Corporation (IFC), IFC Emerging Asia Fund and Indigo Philippines LLC, a subsidiary of serial US airline investor Indigo Partners.

Long-sought changes have the potential to turn Spirit’s 20th-century-style factories into marvels of digitally driven lean manufacturing.

The FAA is expanding a cargo-compartment inspection mandate to all Boeing 787s after determining the affected parts—decompression panels—may be found throughout the widebody twin fleet and not just on a limited number of aircraft.

The CEO of start-up Avelo Airlines believes there is opportunity for new entrants amid the carnage wrought on incumbent carriers by the pandemic.

Electrical grounding issues that led Boeing to recommend some 737 MAX operators park their aircraft have turned up in two areas besides the original standby power control unit where it was first discovered.

Embattled Star Alliance carrier South African Airways (SAA) has named finance specialist Thomas Kgokolo as interim CEO, after he took up his new role on April 13.

China Express was profitable in 2020, thanks to low costs, sales, and leasebacks.

Central and Eastern European ULCC Wizz Air is anticipating a €570-590 million ($682-706 million) full-year net loss, following 12 months of coronavirus disruption and a €95 million fuel-hedge hit.

Ask the Editors: Flight crews favor vaccination, but requirements depend on airline policies and local laws, which are changing quickly.

The European Commission has approved a Belgian plan to help support airports in Wallonia, the southern French-speaking region of the country.