Air Transport

DANISH AIR TRANSPORT agreed to lease ex-Czech Airlines ATR 72-500 (789) from Nordic Aviation Capital.

CIRIUM, UK was selected by Condor to provide aviation analytics, including historical flight data, schedules data, and real-time flight data.

AEROMEXICO closed 3-year, US$200m revolving syndicated credit facility with BBVA Mexico as operational liquidity.

VOLOTEA, Spain secured €25m investment from AEGEAN as part of overall capital increase of €50m through a profit participating loan which will be convertible into shares; second tranche of €25m could result in 13% stake for AEGEAN.

DANISH AIR TRANSPORT purchased two ATR 72-600s (1519/1527) off-lease from Avation.

NEWARK LIBERTY handled 4.5m pax in July, up 2.5% vs July 2023.

NEW YORK LAGUARDIA handled 3m pax in July, up 9.1% vs July 2023.

Qian Xiaofeng is appointed as Chief Commercial Officer (Asia Pacific and the Middle East) of BOC Aviation, Singapore.

GE AEROSPACE was selected by Air Premia to provide Fuel Insight, Safety Insight and FlightPulse software to reduce emissions and improve safety.

AIR SERBIA plans April 1 to begin Belgrade-Shanghai Pu Dong (A330-200).

JFK handled 6.2m pax in July, up 5.1% vs July 2023.

Marco Goetz to Chief Commercial Officer of Discover Airlines, Germany.

CENTRUM AIR, Uzbekistan acquired new LEAP-powered A321neo (11996) for operation by MY FREIGHTER (SPNWS; Aug 2).

AIR ARABIA plans December 20 to begin Sharjah-Warsaw, Poland (A320).

AVILEASE has raised 5-year, $2.5b unsecured term facility ($1.7b conventional/$0.77b Sharia’ah Compliant) to refinance a bridge facility raised in 2023 when acquiring the Standard Chartered's aircraft leasing platform. It has 180 aircraft.

NAC closed 5-year, $382m loan to refinance 21 aircraft from Wells Fargo (as structuring agent), RBC and KeyBank.

IBERIA leased ex-Virgin Australia A330-200 (1319) with Trent 700s for operation for LEVEL; Stratos arranged.

CATHAY PACIFIC has agreed to buy back all warrants issued to Hong Kong SAR Government (as part of HK$39b recapitalization in 2020) for minimum of HK$1.5b. It previously repurchased all remaining preference shares.

SAS officially joined the SkyTeam global airline alliance (SPNWS; May 3).

Michael Swiatek, Chief Strategy Officer of Abra Group, UK, was also named Chief Accountability Officer.

US DOT says US airlines operated 643,484 flights in June, up 7.1% vs June 2023; on-time arrival rate was 74.3%.