Willis Lease Finance Corporation (WLFC) has announced total annual revenues of US$569.2 million and pre-tax income of US$152.6 million for the year ended December 31, 2024. Aggregate core lease rent and maintenance reserve revenues reached an all-time high of US$452.1 million, marking a 30.4% increase from US$346.8 million in 2023. This growth was primarily driven […]
WLFC reports record annual revenue and profit for 2024 Read More »
Phoenix Aviation Capital, a full-service aircraft lessor, AIP Capital, an alternative investment manager focused on asset-based finance, and LuminArx Capital Management, a global capital solutions provider, have successfully acquired a portfolio consisting of three Airbus A330-300 aircraft. The portfolio includes two 2012 vintage Airbus A330-300 aircraft, identified by MSN 1346 and MSN 1367, both powered
Phoenix Aviation Capital, AIP Capital and LuminArx acquire A330s Read More »
Safran Helicopter Engines and Robinson Helicopter Company have announced an exclusive partnership to equip the new R88 helicopter with the Arriel 2W engine. This 950 shaft horsepower (shp) power-class engine is the latest variant in the Arriel family, known for its reliability and high performance in the light helicopter market. With more than 66 million
Safran Arriel 2W engine to power new R88 helicopter Read More »
Jordan Airmotive, an independent engine MRO provider, has successfully delivered a CFM56-5B engine to BOC Aviation, one of the world’s largest aircraft leasing companies and a major player in the Asia-Pacific aviation market. This milestone reinforces Jordan Airmotive’s growing influence in the global leasing sector and underscores its capability to provide high-quality, reliable MRO solutions
Jordan Airmotive delivers CFM56-5B engine to BOC Aviation Read More »
Milestone Aviation Group (Milestone) has signed lease agreements with Offshore Helicopter Services UK (OHS) for four additional helicopters, further strengthening their long-term partnership. The deal includes two new Leonardo AW139s, one new Airbus H175, and one Sikorsky S-92, all scheduled for delivery between 2025 and 2026. The announcement was made at Verticon, formerly HAI Heli-Expo,
Milestone Aviation secures new lease agreements with OHS Read More »
Embraer Commercial Aviation has appointed Oliver Gerg as Senior Vice President (SVP) of its newly formed Global Leasing and Freighter team. Based in Amsterdam, a key global aviation hub, the team will unify expertise in E-Jet passenger-to-freighter conversions and commercial aviation leasing to strengthen Embraer’s position in the cargo and leasing markets. Gerg brings extensive
Oliver Gerg to lead Embraer’s Global Leasing and Freighter team Read More »
