Air Transport

Ben Pughe-Morgan to Chief Investment Officer of Hanwha Aviation, Singapore (effective August 2024).

EMIRATES plans in August to debut 777s with refurbished cabins on services to Geneva, Tokyo Haneda and Brussels.

PORTER AIRLINES sold second E195-E2 (137) to Elevate Capital Partners for leaseback as part of deal for four.

AEROLINEE SICILIANE secured $26.7m financing for May 2025 startup out of Comiso Airport with leased A320s.

Esteban Jauregui Lorda to Chief Executive Officer of Avion Express Brasil.

Jens Fehlinger to Chief Executive Officer of SWISS (effective October 1).

ALPHASKY, Kazakhstan is expected to lease ex-Aviastar-TU 757-200PCF (25597) with RB211s from FTAI Aviation.

AVTECH was selected by PLAY to provide ClearPath and Aventus services.

SAS received approval from European Commission for Denmark’s and Sweden’s $1.4b participation in its restructuring.

FLYDUBAI plans in September to begin Dubai-Kish Island/-Kerman, Iran (737).

SRILANKAN AIRLINES acquired ex-Royal Brunei A320-200 (6816) with V2500s.

HELICOPTER EXPRESS acquired the the aerial firefighting operations business unit and S-64s of ERICKSON; Houlihan Lokey advised.

AIRCASTLE received $300m in equity from its shareholders, Marubeni and Mizuho Leasing, completing previously announced $500m equity commitment. As of February 29, it owned and managed 252 aircraft leased to 75 customers.

COLORFUL GUIZHOU AIRLINES agreed to lease three A320neos with LEAPs from CDB Aviation; first (11866) delivered.

CEBU PACIFIC sold new GTF-powered A321neo (11834) to Aviation Capital Group and leased it back.

VOLARIS sold third new GTF-powered A321neo (12032) to Aviation Capital Group for leaseback as part of deal for four.

All the important data related to the airline in recent years.

GE Aerospace said on July 1 that it had extended Chief Executive Officer Larry Culp’s contract through the end of 2027.

Embraer spinoff Eve Air Mobility has secured a further $94 million in equity financing from multiple investors.

But much like the Spirit deal’s closing, Boeing’s transition, assuming it comes at all, will not happen overnight.

This week’s Carbon Analysis takes a trip with some European leisure carriers, namely Condor, Jet2, SunExpress and TUI Airways.

Air France-KLM expects to take a financial hit as potential visitors to Paris are avoiding booking trips because of the Olympic Games.

Vietnamese aviation officials are urging them to lease more aircraft to offset the number of narrowbodies grounded due to engine availability issues.

WestJet mechanics followed through with a strike notice over the weekend, a work stoppage previously believed averted after government intervention.

AirAsia founder and CEO of Capital A Tony Fernandes has committed to transforming the airline group into a multi-hub network carrier.