WEST (Willis Lease Finance) proposed to offer $410m in fixed rate notes, secured by its direct and indirect interests in portfolio of 51 engines and four airframes, which WEST will acquire from Willis pursuant to asset purchase agreement.
Delta Air Lines' investment in its older Boeing narrowbodies gives it both insurance against more supply chain problems and some future capacity flexibility.
U.S. electric aircraft startup Eviation has announced a letter of intent (LoI) to provide up to 25 aircraft to German startup regional airline flyVbird.
Europe will generate 24% of the projected global total MRO spend of $1.2 trillion from 2024-2023, Aviation Week’s new Commercial Fleet and MRO Forecast shows.
“The sudden suspension of MYAirline’s operation … without prior notification to [the regulator] raises serious concerns,” the Malaysian authorities say.
Dilhan Haradasa, AirAsia Group head of network and regulatory affairs, says, “We’ll be starting in Phnom Penh, but we hope to grow Sihanoukville and Siam Reap."
Chongqing Airport said the move will help to create “an international aviation hub” with additional international regional routes and intercontinental services.
