September 3, 2024

AviLease secures US$2.5 billion five-year unsecured term facility

AviLease, a global aircraft lessor has announced the successful raising of a US$2.5 billion, five-year unsecured term facility. This facility will be utilised, among other purposes, to fully refinance a bridge facility that AviLease secured in 2023 when it acquired Standard Chartered’s aircraft leasing platform. The financing is split into two parts: a conventional facility […]

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Electra appoints Marc Allen as Chief Executive Officer

People

Electra has appointed Marc Allen as its new Chief Executive Officer. Allen joins Electra after a distinguished career at The Boeing Company, where he most recently held the position of Chief Strategy Officer and Senior Vice President for Strategy and Corporate Development. During his tenure at Boeing, Allen led the US$5 billion customer finance business

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Cathay Pacific replaces parts in 15 A350s following engine issues

Other News

Cathay Pacific has announced that maintenance work on its A350 fleet is making good progress, the airline’s engineering-team having conducted a thorough inspection of all operational A350 aircraft over a 24-hour period. So far, 15 aircraft have been identified with engine components that need replacing, and three of these have already been successfully repaired. The

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Stratos delivers A330-200 to Iberia

Aircraft & Engines

Stratos, an aircraft investment specialist and asset manager, has announced the delivery of an Airbus A330-200 on a long-term operating lease to Iberia, Spain’s largest airline and a member of the International Airlines Group (IAG). The aircraft (MSN 1319), owned by a US-based investor, was recovered from Virgin Australia and transitioned to Iberia. It will

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Avation PLC completes sale of two ATR aircraft

Aircraft & Engines

Avation PLC (Aviation), a commercial passenger aircraft leasing company, has announced the sale of two ATR 72-600 aircraft to Danish Air Transport (DAT). The two aircraft, acquired by Avation in 2018, were originally leased to DAT under agreements that included purchase options. DAT has now exercised these options, and the sales of both aircraft have

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Sustainable Aviation Fuel ceremony at Incheon International Airport Korean Air

Korean Air launches Sustainable Aviation Fuel initiative

Other News

A ceremony at Incheon Airport on August 30 marked the launch of Korean Air’s Sustainable Aviation Fuel (SAF) initiative. The event was attended by several high-profile figures, including Sangwoo Park, Minister of Land, Infrastructure and Transport (MOLIT); Dukgeun Ahn, Minister of Trade, Industry and Energy; Sanghyup Kim, Co-Chairman of the Carbon Neutrality and Green Growth

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AviLease secures US$2.5 billion five-year unsecured term facility

Electra appoints Marc Allen as Chief Executive Officer

Cathay Pacific replaces parts in 15 A350s following engine issues

Stratos delivers A330-200 to Iberia

Avation PLC completes sale of two ATR aircraft

Korean Air launches Sustainable Aviation Fuel initiative

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3 September 2024

AviLease secures US$2.5 billion five-year unsecured term facility

Electra appoints Marc Allen as Chief Executive Officer

Cathay Pacific replaces parts in 15 A350s following engine issues

Stratos delivers A330-200 to Iberia

Avation PLC completes sale of two ATR aircraft

Korean Air launches Sustainable Aviation Fuel initiative

Stay Connected

Subscribe