Singapore Technologies Engineering Ltd (ST Engineering) announced that its associated company, Total Engine Asset Management Pte. Ltd. (TEAM), has set up two new special-purpose vehicles, namely Total Engine Asset Management Ireland 01 Limited (TEAM Ireland 01), in Ireland, and TEAM UK 01 Limit...
Ryanair, Europe’s No. 1 airline, reported a 55% rise in Q1 profit to €397m. This result is distorted by the timing of Easter in Q1 with no holiday period in the prior year comparative. Traffic grew 12% to 35m as Ryanair’s lower fares and “Always Getting Better” (AGB) pro...
AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, have sold 4th Airbus A321 aircraft from its fleet with lease attached. The ownership of the aircraft was transferred to the new lessor together with operating lease contract with Small Planet Airlines Poland. On the 20th of July, AviaAM Leasing sold one Airbus A321-211 aircraft (MSN 2342) with lease attached. This was the...
Etihad Airways has sold its minority stake in European regional carrier Darwin Airline, the first divestment since launching a strategic review last year and just weeks after chief executive James Hogan left the Abu Dhabi carrier. Etihad, which held a 33.33 percent stake in Darwin Airline, and other investors have sold their shares to a new Swiss subsidiary of Slovenia's Adria Airways, acco...
Biggin Hill based corporate jet operator, Zenith Aviation has reported a staggering year on year increase in the number of hours flown in both Q1 and Q2 of 2017 in comparison to the same period last year. Managing director of Zenith Aviation, Stuart Mulholland commented: “We saw a 37% increase in June compared to the previous year and our Jan-June period saw a huge 83% increase. This, add...
To increase geographical presence, decrease competition, accelerate expansion – just a few reasons why companies choose business acquisition as an inorganic mode of expansion. With yearly worth of worldwide mergers and acquisitions topping €41 billion it’s only natural that increasing number of deals has been recorded and anticipated in the aviation industry as well. With a vast e...
Equiom has reached a new milestone of USD4 billion in assets under administration for its yachting and aviation portfolio. As one of the largest yachting and aviation departments in the corporate service sector globally, Equiom has a 30-strong yachting and aviation team worldwide. They provide ongoing support and advice to clients with dedicated teams for...
Norwegian (NAS) reported its second quarter results for 2017. The pre-tax result (EBT) was 861 million NOK (£80.5 million). This is slightly down from last year’s result, mainly due to higher oil prices and the air passenger tax implemented by the government in Norway last year. The overall performance was positive in all of Norwegian’s main markets during the second quarter....
Bombardier Inc. announced that as of August 1, 2017, its Series 3 Preferred Shares will pay, on a quarterly basis, as and when declared by the Board of Directors of Bombardier Inc., cash dividends for the following five years that will be based on a fixed rate equal to the product of (a) the average of the yield to maturity, designated on July 11, 2017 by National Bank Financial Inc. and Scotia Ca...
During the second quarter of 2017 (2Q17), Embraer delivered 35 jets to the commercial aviation market and 24 jets to the business aviation market, of which 16 were light jets and eight were large jets. The number of deliveries in Commercial Aviation rose roughly 35% over the same period last year. With respect to Executive Jets, the segment delivered five large jets more than in the second quar...
AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has delivered Airbus A321 aircraft to the largest Russian carrier Aeroflot – Russian Airlines. The recent aircraft delivery is the 5th out of planned 8 under the...
The Board of Directors of Rockwell Collins recently approved the purchase of an additional $200 million of Rockwell Collins common stock. With this additional authorization, total share repurchases authorized as of July 7, 2017 is $285 million. “This additional authorization demonstrates the Board of Directors’ continued confidence in our ability to generate cash flow needed to...
StandardAero Aviation Holdings, Inc. (“StandardAero”) and Airbus SE (“Airbus”) announced that they have entered into exclusive negotiations with respect to an acquisition by StandardAero of Vector Aerospace Holding SAS (“Vector”) from Airbus. Vector is a global aerospace maintenance, repair and overhaul company, providing responsive, quality support for...
DC Aviation, headquartered in Stuttgart, announces that it sold its „foundation aircraft“, an Airbus A319 CJ, with which it originally started its operation, and that it will continue to operate and maintain the aircraft for the new owner. From 1999 through 2008 DC Aviation was a subsidiary of the DaimlerChrysler AG managing the regular shuttle traffic between the two corporate head...
08/09/2026
United Kingdom, London
10/09/2026
Latvia, Riga
Solairus Aviation announced an agreement to acquire the Aircraft Management and Charter divisions of Clay Lacy Aviation. Solairus currently manages approximately 360 aircraft from more than 100 b...
