SMBC AVIATION CAPITAL FINANCE closed sale of $500m of 5-year senior unsecured notes at 5.1%; placement is priced at US Treasuries plus 103 basis points, with peak orderbook of $3.3b, representing its 10th successful bond offering.
AERO CAPITAL SOLUTIONS closed (its fourth) $936m aviation investment vehicle from diverse investor base. It also negotiated two debt facilities led by Deutsche Bank and Atlas SP and is targeting >$3.5b in total capital for deployment.
SIZZLE ACQUISITION CORP. II, New York priced $200m IPO to launch as new blank check company for merger, acquisition and/or combination with one or more businesses in several different industries, possibly including airlines.
At a U.S. Senate hearing, Boeing CEO Kelly Ortberg said the company is now turning the corner on making “fundamental changes” to strengthen safety and quality.
Trump touched on the automotive industry repeatedly in his White House speech, but he did not identify aerospace and defense, nor detail how tariffs would work.
Speaking during Routes Americas 2025, Cayman Islands Department of Tourism (CIDOT) told Routes about its latest successes and key markets for air service development growth.
GKN Aerospace is preparing aerostructures for the next generation of commercial aircraft and asking airframers to make sure suppliers have business cases.
As demand grows for its products, Embraer has signed a memorandum of understanding with Turkish Aerospace, with the potential for a final assembly in Turkey.
Cebu Pacific is laying groundwork for more expansion into long-haul markets, fueled by fleet growth and a strong Philippine economic outlook, among others.
