Avolon issued its annual outlook paper for 2022 titled ‘Rise Above’. Co-authored by Jim Morrison, Head of Portfolio Management, and Rosemarie O’Leary, Head of Counterparty Risk, the paper reviews the key trends in the aviation industry for airlines, manufacturers, and les...
Electra announced that it has received an investment in its Series A funding round from Lockheed Martin Ventures. The funding will support Electra's plans to begin flight testing a full-scale hybrid eSTOL technology demonstrator aircraft later this year. "Electra's...
LanzaJet has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet’s (and the world’s) first alcohol-to-jet sustainable aviation fuel (SAF) production plant. The innovative structure of Microsoft’s financi...
Jet Edge International has raised an additional $75 million of funding from credit funds and accounts managed by KKR. The new funding expands KKR’s total credit and equity investments in Jet Edge to approximately $265 million over the past year. Following the initial $150 million credit facility announced in June 2021, KKR has continued investing in Jet Edge amidst historic dema...
CDB Aviation announced the completion of deliveries of a fleet of fifteen new Boeing aircraft to U.S.-based United Airlines Holdings, Inc. The sale and leaseback transaction covered a fleet of two 787-9 Dreamliners and thirteen 737 MAX 8 aircraft, which were delivered between 2020 and 2021. “We want to thank members of both the United and CDB Aviation teams who collaborated on struc...
After the early repayment of the first loan installment of 30 million euros in July 2021, Austrian Airlines repays another 30 million euros on 31 December 2021. By the end of 2021 the national carrier has repaid the first 60 million euros of the state-guaranteed loan with a total of 300 million. Despite the ongoing pandemic, the red-white-red airline is fulfilling its responsibility and meets the...
Philippine Airlines Inc. has emerged from its voluntary Chapter 11 proceedings as a more efficient airline with a strengthened balance sheet, reaffirming its continuing role as the Philippines’ sole full-service airline with the largest international network. PAL successfully completed its financial restructuring within four months, in contrast to other airlines that remain in the Chapter 11...
The European Commission on December 21, 2021, under EU State aid rules, has approved a part of the Latvian government's investment of €45 million into the equity of the Latvian airline airBaltic to compensate the losses caused by the ongoing Covid-19 pandemic and to support overcoming the economic crisis. Martin Gauss, Chief Executive Officer of airBaltic: “Th...
CDB Aviation delivered the first of two Boeing 737-800 aircraft to Sun Country, a Minnesota-based, hybrid low-cost airline. “We’re delighted to have partnered with our colleagues at Sun Country on executing this transaction for two Boeing aircraft from our portfolio, which will facilitate the further build-out of the carrier’s highly-adaptable network structure,” said Lu...
The new 2021 Cirium Fleet Forecast reveals that US$2.9 trillion is expected to be spent on approximately 45,000 new and more-fuel-efficient aircraft over the next 20 years. Published by Ascend by Cirium, the fleet forecast predicts that 20-year aircraft deliveries globally by 2040 will be 4% higher than previously predicted a year ago. This outlines a positive outlook for the aviati...
Wingcopter has secured its next investment. The capital influx comes from SYNERJET Corp., a business aviation specialist in Latin America, with operations in Brazil, Colombia, Ecuador, Chile, Panama, and Guatemala. The new funding follows recently announced investments from Japan-based DRONE FUND as well as UBER co-founder Garrett Camp’s Expa. SYNERJET has made the investment shortly afte...
CDB Aviation signined an international aircraft lease agreements with Colombia’s flag carrier Avianca for a fleet of five Airbus A320neo aircraft. With deliveries from the lessor’s order book planned for 2022 and 2023, the aircraft are leased on a long-term basis and configured with three different seat types: Premium, Plus, and Economy. “We are deligh...
Air France-KLM has redeemed 500 million euros of the outstanding 4 billion euros bank loan guaranteed by the French State (the “PGE”) and negotiated a revision of the redemption profile with a maturity extended from May 6, 2023 to May 6, 2025 Following early signs of a recovery of the worldwide air traffic, combined with an improved access to capital markets, Air France-KLM has...
Wingcopter continues to fly high, announcing that it has received an investment from DRONE FUND. DRONE FUND is a Japan-based venture capital company specializing in drone- and air mobility-related startups. The investment is made out of DRONE FUND’s JPY 10 billion/USD 90 million strong third fund, called DRONE FUND III (officially DRONE FUND III Investment Limited Partnership), and...
Running now
Brazil, SANTANA
08/09/2026
United Kingdom, London
Air France-KLM today has submitted a binding offer to Parpública for the acquisition of a 44.9% to 49.9% stake in TAP Air Portugal, marking a decisive step in the airli...
