Avolon, the international aircraft leasing company, announced the completion of a new US$675m 8 year secured debt facility. The new facility will finance up to 21 aircraft at a margin of 1.65%. The facility is financed by six banks based in Europe and Asia-Pacific.
Main Menu
Avolon completes new US$675m 8 year debt facility
Share this Article
Wednesday November 13, 2024
Spirit AeroSystems has announced a critical financial arrangement with Boeing, which will provide the company with up to US$350 million in advance payments. This cash infusion is designed to alleviate some of Spirit's ongoing financial challenges, including ex... Read More »
Wednesday November 13, 2024
Honeywell and Curtiss-Wright have jointly developed the Honeywell Connected Recorder-25 (HCR-25), a combined cockpit voice recorder (CVR) and flight data recorder (FDR) now available for applicable Boeing and Airbus commercial and cargo aircraft. The HCR-25 wa... Read More »
Wednesday November 13, 2024
Boeing's 2024 World Air Cargo Forecast (WACF) anticipates robust growth for the air cargo industry, projecting an average annual increase of 4% in air cargo traffic through 2043. This sustained growth follows a post-pandemic resurgence, with current air cargo ... Read More »
Wednesday November 13, 2024
Chromalloy has announced the signing of a distribution and license agreement with AAR, under which AAR will exclusively distribute the company's PMA (parts manufacturer approval) parts for the CF6-80C2 engine high-pressure turbine (HPT) Stage 1 and Stage 2 bla... Read More »
Wednesday November 13, 2024
Virgin Australia has implemented necessary adjustments to its Bali flight schedule following the eruption of Mount Lewotobi in Indonesia. The volcanic eruption has released a significant ash cloud, making it unsafe to operate flights to and from Denpasar, Bali... Read More »
Wednesday November 13, 2024
SAS has joined a collaborative initiative between Danish green hydrogen producers and Dutch industrial markets, officially launched in the presence of His Majesty King Willem-Alexander of the Netherlands, His Majesty King Frederik of Denmark, Dutch Deputy Prim... Read More »
Tuesday November 12, 2024
At the recent Arab Air Carriers Organization annual general meeting in Amman, Royal Jordanian Airlines (Royal Jordanian) announced a major investment in GE Aerospace's GEnx-1B engines to power its expanding Boeing 787-9 Dreamliner fleet. The commitment compris... Read More »
Tuesday November 12, 2024
In a landmark step towards transforming India's aviation landscape, the Air India Group has finalised the operational integration and legal merger of Air India with Vistara, creating a comprehensive full-service carrier under the Air India name. This consolida... Read More »
Tuesday November 12, 2024
easyJet and Lufthansa Technik Milan have signed a three-year extension to their previous contract for ongoing light base maintenance on easyJet's extensive Airbus A320-family fleet. This extended agreement, now set to run until mid-2027, will see two of easyJe... Read More »
Tuesday November 12, 2024
Avia Solutions Group, an ACMI (aircraft, crew, maintenance, insurance) provider, has placed its first-ever order with Boeing for 40 737-8 aircraft, with the option to acquire an additional 40 in the future. This acquisition underscores the Group's commitment t... Read More »
Tuesday November 12, 2024
Elbe Flugzeugwerke GmbH (EFW), renowned for its expertise in Airbus passenger-to-freighter (P2F) conversions, and HNA Aviation Group (HNA), a major Chinese aviation player owned by Fangda Group, have signed a strategic memorandum of understanding (MOU) to coll... Read More »
Tuesday November 12, 2024
Asia Digital Engineering (ADE), the MRO subsidiary of Capital A, has announced its latest achievement: receiving Approved Maintenance Organisation (AMO) certification from the Civil Aviation Authority of Vietnam. This milestone expands ADE's operational capabi... Read More »
Monday November 11, 2024
Air India has selected Swiss-AS‘ AMOS as its comprehensive maintenance, repair, and overhaul (MRO) software solution to maintain high reliability in aircraft operations amid significant fleet expansion and connectivity growth. The cloud-based AMOS system... Read More »
Monday November 11, 2024
StandardAero's engine overhaul centre in San Antonio, Texas, has completed correlation of its first test cell for the CFM International LEAP-1A turbofan engine, marking a significant milestone in its rollout of LEAP-1A and LEAP-1B maintenance, repair, and over... Read More »
Monday November 11, 2024
A U.S. appeals court has upheld a prior ruling that deemed American Airlines' Northeast Alliance with JetBlue Airways anticompetitive, affirming the decision made by a lower court in favour of the U.S. Department of Justice. The 1st U.S. Circuit Court of Appea... Read More »
Monday November 11, 2024
Falko has announced the acquisition of two Embraer E170 aircraft from Azorra, a U.S.-based commercial aircraft lessor. These aircraft, currently leased to American Airlines and subleased to its subsidiary, Envoy Air, will be integrated into Falko's managed fun... Read More »
Monday November 11, 2024
The Swedish Ministry of Defence has announced the selection of the Embraer C-390 Millennium as Sweden's new tactical transport aircraft. This strategic choice from another North Atlantic Treaty Organization (NATO) member country marks the first acquisition of ... Read More »
Monday November 11, 2024
The inauguration of VoltAero's final assembly facility and headquarters at Rochefort Airport on November 8, marks a major step towards certification and production of the company's Cassio electric-hybrid aircraft family, advancing a new era of sustainable regi... Read More »
Friday November 8, 2024
Pratt & Whitney together with Air New Zealand, held a ground-breaking ceremony for a US$150 million expansion of its Christchurch Engine Centre, adding 14,000 m² to the facility. This expansion will introduce maintenance, repair, and overhaul (MRO) capabi... Read More »
Friday November 8, 2024
In the third quarter of 2024, Embraer delivered a total of 59 jets, marking a 26% increase quarter-over-quarter and a 37% rise year-over-year. Deliveries included 41 executive jets (22 light and 19 medium), 16 commercial jets, and two C-390 Millennium multi-mi... Read More »
Aviation News Categories
2023 MEDIA KIT
Tamar Jorssen
[email protected]
Phone: +1 (778) 213 8543
Malte Tamm
[email protected]
Phone: +49 (0)162 8263049