HUNGARY AIRLINES secured AOC to begin cargo operations out of Budapest on behalf of the Hungarian government using ex-Wizz Air A330-200F (1578). It has reportedly signed LOI with Boeing to order 100 737 MAXs for pax operations.
AERCAP launched public offering of $1.5b in senior unsecured notes to finance aircraft acquisitions and repay debt; Citigroup, Deutsche Bank Securities, Barclays, Credit Agricole CIB and TD Securities are joint book-running managers.
SOUTHWEST AIRLINES sold 36 737-800s to Incline Aviation III (BBAM) for leaseback under its 'Southwest. Even Better.' transformational plan to drive fleet modernization/offset capital expenditures in support of its capital allocation strategy.
Mesa Air Group has brokered deals to sell 18 Embraer E175s to United Airlines and 15 CRJ-900s to a third party as it works to transition to an all-Embraer fleet
MRO providers have been among the top beneficiaries of Airbus and Boeing’s production woes, as increased flying of older jets have prompted more shop visits.
The steady consolidation of the aircraft leasing market continued as Dubai Aerospace Enterprise announced that it will acquire Nordic Aviation Capital (NAC).
The arrival of the first of Virgin Australia’s Embraer E190 E2s in the second half of 2025 will be the latest infusion of small narrowbody jets into the country.
Executing on a fleet strategy announced during its recent investor day, Southwest Airlines has entered into a sale-leaseback transaction for 36 Boeing 737-800s.
AirBaltic continues to work on plans for an initial public offering, which is now set to take place in the spring of 2025 at the earliest, the airline said.
South Africa's Airlink has suspended flights to Nampula, Mozambique, after a local court issued a decision allowing the seizure of the airline's aircraft.