AIP CAPITAL is injecting capital in Korea's EASTAR JET via VIG Partners fund and placing five 737 MAXs with airline for delivery in 2H23 (3) and 3Q24 (2); deal follows recent joint venture announcement with Dreamstone Aviation Partners.
AVOLON finalized previously announced order for 20 A330neos for delivery 2025-2028 and has now ordered 29 (five delivered); agreement with Airbus also confirms that 50 A320neo aircraft on order will convert to larger A321neo model.
Eight 737 MAXs built for Chinese airline customers have shown signs of activity in recent weeks, a report from consultancy Aero Analysis Partners (AAP) said.
Net income reached $1.5 million in the April to June period, or $0.15 earnings per share (EPS), compared to a loss of $0.01 EPS in the second quarter of 2022.