SICHUAN AIRLINES agreed to lease A321P2F (2974; ex-Vietnam Airlines) with V2500s from Cinda Financial Leasing; aircraft is the second converted by SICHUAN AIRCRAFT MAINTENANCE ENGINEERING (SMECO) for 321 PRECISION CONVERSIONS.
GRIFFEN GLOBAL ASSET MANAGEMENT announced closing of $400m in senior unsecured notes offering; proceeds from the issuance will be used for general corporate purposes, which may include financing acquisition of new aircraft.
ALASKA AIR GROUP proposed $1.5b Mileage Plan Financing plan, which includes a senior secured term loan facility and additional pari passu senior secured debt, to redeem certain debt acquired or assumed in merger with HAWAIIAN.
CASTLELAKE secured >$1b financing from Deutsche Bank, Goldman Sachs, BNP Paribas and MUFG to acquire >60 aircraft from various leasing companies, airlines and other aircraft owners in operation with approximately 30 airlines globally.
LEASEWORKS, CT was selected by AviLease to provide its Aeris MATCH (for digitizing commercial operations) and Aeris ASSET (for managing finance, contract and technical aircraft management) digital solutions.
Airlines are not moving fast enough to be certain of achieving their commitment to being carbon net zero by 2050, the chief of American Airlines warned.
Boeing was demonstrating progress on key metrics designed to judge its airplane production process before the current work stoppage, FAA's administrator said.
Emerald Airlines CEO and founder has likened plans to enforce a cap on the number of passengers using Dublin Airport to Ireland shooting itself in both feet.
Theo Panagiotoulias took the helm at the Star Alliance from its Singapore headquarters after gaining 25 years’ experience in the airline and travel industry.
