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.
BOEING forecasts (as part of CMO announced earlier this year) demand in Northeast Asia for 1,350 aircraft (40% widebodies) through 2042 to satisfy 5.9% annual traffic growth; it also sees aftermarket services market of $170b.
KEYVAN AVIATION, Turkey was selected by COMAC Shanghai Aircraft Customer Service (SACSC) to provide its customers with global aeronautical and navigation database services, covering >28,000 airports and >36,000 runways.
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."
