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AviLease places first direct Boeing order for up to 30 737 MAX jets

Boeing and AviLease, a global aircraft lessor headquartered in Saudi Arabia, announced the lessor has placed its first direct order for Boeing airplanes with a firm purchase for 20 737-8 jets and options for 10 more. The deal enables AviLease to scale up its growing portfolio and provides...

ACIA Aero Leasing delivers first of two ATR72-600s to Emerald Airlines

ACIA Aero Leasing announced the delivery of the first of two ATR72-600 passenger aircraft in 72-seat layout on lease to Emerald Airlines, the exclusive operator of Aer Lingus Regional services.With the addition of these two aircraft, Emerald Airlines will operate a total of 20 ATR72-600s.&...


Air to Jet Fuel: United announces investment in power-to-liquid fuels company Twelve

United announced an investment in Twelve, an innovative low carbon fuels company that uses a process similar to photosynthesis to transform CO2 and water into sustainable aviation fuel using renewable energy. This investment by the United Airlines Ventures Sustainable Flight Fund follows Twelve's $83 million Series C funding round and project financing for its first SAF production fa...

United invests in next generation blended wing aircraft start-up JetZero

United announced an investment in blended wing body aircraft start-up JetZero. The company is creating an aircraft design that has the potential to deliver jet fuel efficiency and a greatly enhanced customer experience. The investment includes a path to order up to 100 airplanes and an option for an additional 100. The conditional purchase agreement is based on JetZero achieving developm...

Boeing to sell portions of Digital Aviation Solutions to Thoma Bravo for $10.55 billion

Boeing entered into a definitive agreement to sell portions of its Digital Aviation Solutions business, including its Jeppesen, ForeFlight, AerData and OzRunways assets, to Thoma Bravo, a leading software investment firm. This all-cash transaction is valued at $10.55 billion. Boeing will retain core digital capabilities that harness both aircraft and fleet-specific data to provide commer...

Electra raises $115 million to pioneer world’s first ultra short aircraft

Electra has secured $115 million in Series B funding to enter the pre-production and certification phase of the EL9, the first-ever Ultra Short aircraft, which can take off and land in 150 feet – roughly 10% of the footprint required for similarly-sized legacy airplanes. The round was led by Prysm Capital, and Jay Park, Co-Founder and Managing Partner at Prysm, has joined Electra’...

Jackson Square Aviation orders 50 A320neo family aircraft

Jackson Square Aviation has placed a firm order for 50 A320neo Family aircraft. The agreement is JSA’s first direct order with Airbus, making the lessor a new Airbus customer. Kevin McDonald, JSA’s Chief Executive Officer, commented: “this is an exciting milestone in JSA’s history as a longtime global leader in the sale and leaseback financings of Airbus a...

CDB Aviation delivers second A320neo to Colorful Guizhou Airlines

CDB Aviation delivered an Airbus A320-251N to Chinese airline customer Colorful Guizhou Airlines. The A320neo launches the carrier’s new Head of Version by Colorful Guizhou Airlines cabin design that aims to provide passengers with more comfort and an upgraded onboard experience. CDB Aviation’s Head of Commercial, Greater China Michelle Wu and Colorful Guizhou Airli...

ACIA Aero Leasing places ATR72-500 Bulk Freighter with Canada’s KF Aerospace

ACIA Aero Leasing announced the sale and delivery of an ATR 72-500 Bulk Freighter (MSN736) to Canadian aerospace and defence company, KF Aerospace. The aircraft will be introduced into KF’s operational fleet as early as April 2025 as part of a renewed contract with Purolator to transport air cargo in the Canadian province of British Columbia.  Michael Mooney, Chief Executive Off...

Vertical Aerospace announced closing of upsized $90M underwritten public offering

Vertical Aerospace announces the closing of its previously announced underwritten public offering for total gross proceeds of $90 million, before deducting underwriting discounts and commissions and other offering expenses. The amount raised was increased from an initial launch target of $75 million, reflecting strong investor demand. The $90 million raise includes over $60 million from new i...

KlasJet strengthens partnership with Sun D’or by EL AL Group leasing fourth aircraft

KlasJet has further strengthened its strategic partnership with Sun D’or by EL AL Group. The collaboration continues with KlasJet leasing a fourth Boeing 737-800 aircraft. Set for the period of December 28, 2024, to March 31, 2025, the lease is a direct response to heightened travel demand during the winter months. KlasJet and Sun D’or by EL AL Group first partnered in May 2024 to...

Abelo expands fleet and converts ATR 42 STOL order

ATR and Abelo have strengthened their partnership with significant fleet updates. Abelo has converted its initial order for 10 ATR 42 Short Take-Off and Landing aircraft into a mix of five ATR 42-600 and five ATR 72-600. Additionally, Abelo has expanded its fleet by firming up orders for three ATR 72-600. This strategic decision, finalised in late 2024, underline...

Avolon and Air New Zealand agree clean tech aircraft partnership

Avolon and Air New Zealand have agreed a memorandum of understanding to partner on research to support the commercialisation of electric aircraft, and other novel propulsion technologies including battery hybrid and hydrogen. The agreement alsoincludes the signing a letter of intent for the sale and leaseback of a BETA Alia CX300 electric cargo aircraft. The conventional take-off and landi...

DAE signs definitive agreement to acquire Nordic Aviation Capital

Dubai Aerospace Enterprise announced the signing of a definitive agreement to acquire 100% of the Nordic Aviation Capital group of companies, an aircraft leasing company formed over 30 years ago. Terms of the transaction were not disclosed. As of September 2024, NAC’s fleet comprised of 252 owned and committed assets on lease to approximately 60 airline customers in approximately 40 cou...

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Air France-KLM submits a binding offer for an up to 49.9% stake in TAP Air Portugal

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...