AviaAM Leasing, a Warsaw Stock Exchange listed global aviation holding company, engaged in the business of commercial aircraft acquisition, leasing and sales, has announced having delivered Boeing 737 business jet on an operating agreement to European business aviation company KlasJet. Havin...
As the summer holiday season kicks in, Europeans are getting ready for their flights to sunny beaches of Turkey, Spain or Greece. However, not all stories from these resort-filled countries are positive – stories about passengers left stranded after delayed or cancelled flights are hard to mis...
A consolidated audit of SmartLynx Airlines, which is the second largest passenger air carrier and third largest passenger carrier in Latvia, shows that net turnover of the company in 2016 increased by 18% to 108.4 million euros. Aircraft wet lease services represent 53.3% of the company’s business portfolio, with charter flights taking up another 45.5% thereof. The aircraft wet lease (ACM...
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 acquired 4th Airbus A320 family aircraft which was delivered to Airbus facilities in Toulouse, France. On the 23rd of June, the 20 business and 120 economy seats config...
Boeing and GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric [NYSE: GE], today announced an order for 20 737 MAX 10s at the Paris Air Show, converting 20 of its current MAX orders to the larger MAX 10. "This 737 MAX 10 order further enhances our fleet with the newest technology, offering our customers commonality along wi...
Air Partner’s Remarketing division is seeing high levels of activity in the aircraft sales and leasing market, with some types of aircraft proving particularly popular. Tony Whitty, Head of Aircraft Remarketing & ACMI at Air Partner, comments on what he is currently seeing in the market, with further detail on specific narrow-body models below. “We regularly get asked about t...
May 31, 2017 witnessed the virtual completion of the second stage of the consolidation of Sheremetyevo International Airport JSC assets: the reorganization took place in the form of the merger of Sheremetyevo Airport JSC with Sheremetyevo International Airport JSC (based on the respective resolutions of the general shareholders’ meetings of&n...
Leonardo successfully tapped the Eurobond market with a EUR 600 million bond issue. The offering, targeted to Italian and international institutional investors, has a 7 year tenor, maturity June 2024 and a fixed-rate coupon of 1.50%. The issue price was 99.147%. Coupons are paid annually in arrears. The notes will be listed on the Luxemburg Stock Exchange. Leonardo, in line with...
AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, has announced its financial results of 2016 recording significant increase in business volumes – company’s revenue tripled to €80,8 million, operating profit jumped by 75% from €13,9 million in 2015 to €23,1 million in 2016. Net profit grew from €9,1 million to €16,1 million. The c...
VEB Group invested 90 million U.S. dollars in the development of Russia’s first medium-haul passenger jet MC-21, with part of the sum meant as an advance payment for future planes, chairman of Vensheconombank Sergei Gorkov said on Sunday. "VEB Group invested 90 million U.S. dollars in the construction of the first Russian narrow-bodied passenger MC-21 plane. Part of this sum came as...
New Orders at about EUR 2.6 billion, higher than 1Q2016. Book-to-bill improved at 1.1 Solid and continuous improvement of EBITA (+14%) and EBIT (+16%). RoS at 7.6% Net Result Before Extraordinary Transactions at EUR 78 million, almost 40% higher Significantly improved Group Net Debt at EUR 3.3 billion, thanks to cash-in of the second installment of the advance payment on the EFA Kuwait co...
FAI is a leading provider of mission-critical aviation services, based in Germany With 23 aircraft, FAI serves the Insurance- and Assistance-Industry, corporations, Government Agencies and NGOs Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has acquired a significant minority stake in Axtmann Aviation Holding GmbH that operates FAI...
GE Aviation celebrated in Muskegon the grand opening of its $14.5 million Brilliant Factory – an investment that will stimulate economic growth in the region and where GE is using data and analytics to run its plants more efficiently. For the event, John Bowman, general manager, Supply Chain for GE Aviation joined Senator Debbie Stabenow, State Senator Goeff Hansen, State Representatives...
With sales revenue of 821 million Swiss francs, performance in financial 2016 was better than expected. Operating earnings totalled 89 million Swiss francs after deduction of Research and Development investment of 101 million Swiss francs. 56 additional jobs were created across the Group as a whole. 117 aircraft were delivered to customers. The PC-24 development programme is proceeding according t...
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...
