8 November 2023

Aquila Air Capital

Aquila Air Capital closes US$100 million financing 

Aquila Air Capital (Aquila), a leading lessor focused on end-of-life solutions, has announced the successful closing of a US$100 million financing (£83 million).  The financing is aimed at increasing Aquila’s ability to deliver bespoke lease solutions for passenger and cargo operators across the globe.  “We are thrilled to announce the successful closing of this new …

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Turbine of a modern aircraft

IBA analysis: despite multiple challenges, robust orders sustain aero engine market

In recent months throughout the aviation industry, there have been many issues and challenges. Aircraft engines in particular have felt the impacts of shop visit escalations, costs of ownership, inflationary pressures, and a higher cost of borrowing. Operators who have newer generation engines such as the LEAP-1A and PW1100G are feeling these impacts to a …

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Cyprus Airways will deploy AirFi’s wireless streaming solutions onboard its two A320s and two A220 aircraft © Cyprus Airways

Cyprus Airways to deploy AirFi’s wireless in-flight entertainment

Cyprus Airways has become the latest carrier to deploy airline technology provider AirFi’s wireless in-flight entertainment across its fleet of Airbus jets.   The newly resurrected flag carrier of Cyprus is gearing up for both fleet and route expansions, with new aircraft on the horizon and a commitment to be a catalyst for tourism growth on …

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Beechcraft King Air 360ER Special Missions Maritime Patrol Aircraft

U.S. Army awards Textron Aviation contract for three Beechcraft King Air turboprops

Textron Aviation has been awarded a contract by the U.S. Army Contracting Command, Redstone Arsenal, AL, for the Cessna SkyCourier, Cessna Grand Caravan EX, Beechcraft King Air 360 and Beechcraft King Air 260 turboprop aircraft in support of Foreign Military Sales (FMS). The indefinite delivery, indefinite quantity (IDIQ) contract allows up to US$100 million (£83 …

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Fraport Group

Fraport Group reports net profit of €357.0 million for first nine months

During the first nine months of the 2023 fiscal year, the Fraport Group delivered a strong performance with key operating figures exceeding 2019 levels. The Group result (net profit) reached €357.0 million in the first nine months, buoyed by traffic growth across the Group’s airports. This positive performance was driven, in particular, by a strong …

Fraport Group reports net profit of €357.0 million for first nine months Read More »

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