Latest News for: Aviation leasing


CityJet owed $4.3m by SAS as airline files for protection

Irish Independent 06 Jul 2022
New York court filings show that the amount owed to CityJet is unsecured.The bankruptcy process includes seven Ireland-based companies that are part of the SAS group, which is owned by the governments of Sweden and Denmark, as well as other investors.CityJet, which was founded by ...

Tea estate workers fear losing livelihood to Hasimara airport

The Telegraph India 06 Jul 2022
Workers of Madhu tea garden fear that if the owner hands over the lease of the land to the state government, and the latter in turn hands it to the ministry of civil aviation for the airport, they will eventually lose their jobs and be displaced.

Regional airports powering economy in the Southern Carolina region

Bluffton Today 06 Jul 2022
South Carolina has 57 airports, six of which are commercial service airports while the rest are considered “general aviation” airports ... One belongs to the facility while the other is leased to Crosswind Aviation, which offers charter services as well as contract pilot and aircraft management services across all of South Carolina.

Factbox-Airline SAS files for U.S. bankruptcy protection

FX Empire 05 Jul 2022
Below is some data on SAS restructuring efforts so far, debt, and aircraft leases ... Aviation data firm Cirium said SAS lessors with the highest exposure include CDB Aviation, Jackson Square Aviation and Air Lease. According to Cirium, CDB Aviation’s exposure is $486 million, Jackson Square Aviation $271 and Air Lease Corporation $235 million.

VAH Announces New Seven Aircraft Purchase Agreement of ~ $300 Million

Ellensburg Daily Record 05 Jul 2022
Voyager Aviation Holdings, LLC (VAH) announced the signing of a purchase agreement with a fellow blue chip aircraft leasing firm for seven young and in-production aircraft, all of which are on long-term leases with strong credit quality airlines ... VAH is a privately held aviation investment firm and commercial aircraft leasing company.

Global Crossing Airlines Provides Second Quarter 2022 Update

Kentucky New Era 05 Jul 2022
LOI with Greenwich Highland Aviation for MSN 1966 was executed in March 2022.Signed LOI for the lease extension of current lease, and eventual conversion to freighter in March 2024, of our current A321, MSN 2480, with Icelease ... 2022, from Greenwich Highland Aviation (“GHA”).

Boeing rues tensions as Airbus wins China deal

Taipei Times 04 Jul 2022
A giant aviation deal from China on Friday underscored how trade tensions between Washington and Beijing can impact individual companies, with Boeing Co left looking on as rival Airbus SE scooped up orders worth at least US$37 billion ... China is a key market for Boeing’s 737 family of jets and Airbus’s A320s, mainstays of modern commercial aviation.

Boeing pays the price for US-China trade war as Airbus nets deal

Business Day 04 Jul 2022
A giant aviation deal from China on Friday underscored how trade tension between Washington and Beijing can impact individual companies, with Boeing left looking on as rival Airbus scooped up orders worth at least $37bn ... China is a key market for Boeing’s 737 family of jets and Airbus’s A320s, mainstays of modern commercial aviation.

Ergo: War in Ukraine pushes Aer Lingus to top of the Airbus queue

Irish Independent 03 Jul 2022
In stepped Aer Lingus, no doubt more than happy to jump to the top of the delivery queue, to sign a lease deal with CDB Aviation, the Irish subsidiary of China Development Bank Financial Leasing Co.A new coat of paint has been applied, along with the regulation Aer Lingus ...

That Thursday feeling — why Fridays are no longer the day for office workers to enjoy end-of-the-week pints

Irish Independent 03 Jul 2022
When I go to the office now it’s always mid-week.”Talk turns to the late Tony Ryan, founder of aircraft leasing company Guinness Peat Aviation and co-founder of Ryanair, who they both call “the Godfather” of their industry.I relay a story ...

Saudi wealth fund PIF behind new aircraft lessor Avilease

Irish Independent 02 Jul 2022
The first reported on Wednesday that two of the most experienced figures in Irish aircraft leasing, including former Carlyle Aviation Partners executive Ted O’Byrne and aviation lawyer Rob Murphy, of law firm Arthur Cox, were directors of the new aircraft leasing ...

NAMA Boss Calls for Investment to Create Jobs, Boost Economy

This Day 01 Jul 2022
Aviation provides the only rapid worldwide transportation methods, which makes it essential. It generates economic growth, create jobs and facilitatesinternational aviation sector to provide support and an enabling environment for a developing country like Nigeria,” he said.

Saudi PIF launches new aircraft leasing company

Gulf Daily News 30 Jun 2022
The Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, has announced the launch of the  'AviLease', an aircraft leasing company which aims to be a leading institution across the aviation leasing value chain, maintaining an optimal portfolio of ...

Natixis Corporate & Investment Banking closes $300 million acquisition facility for SKY Leasing

Victoria Advocate 30 Jun 2022
"We are proud to once again partner with SKY Leasing, a key client of the Natixis Aviation franchise, and contribute to the continued growth of their platform," said Yevgeniya Levitin, Head of Aviation Americas, Natixis Corporate & Investment Banking ... SKY Leasing.

Duofu Group acquires leading Italian helicopter manufacturer 30 Jun 2022
... general aviation. In the field of general aviation, helicopters are of great significance ... This will encourage the formation of other major sectors, including aircraft leasing and management as well as aviation insurance, training bases, clubs, logistics, and high-tech innovation.

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AP / Russian Foreign Ministry Press Service