Rocket Lab has agreed to acquire satellite communications provider Iridium in a cash-and-stock transaction valuing the company at approximately US$8 billion, creating one of the most significant vertically integrated businesses in the global space industry. Under the agreement, Rocket Lab will acquire all outstanding Iridium shares for US$54 per share. The combined company will bring […]
Rocket Lab to acquire Iridium in landmark deal Read More »
Lufthansa Technik has officially broken ground on its new 55,000-square-metre facility in Santa Maria da Feira, south of Porto, marking a major milestone in its expansion in Portugal. Established in 2024, Lufthansa Technik Portugal is expected to create up to 700 highly skilled jobs over the coming years. Portuguese Prime Minister Luís Montenegro joined representatives
Lufthansa Technik breaks ground on major MRO hub in Portugal Read More »
BOC Aviation Limited has agreed a sale-and-leaseback transaction with long-standing customer Qatar Airways for three Airbus A350-1000 aircraft on long-term operating leases. All three aircraft have now been delivered to Qatar Airways and are powered by Rolls-Royce Trent XWB-97 engines. Steven Townend, Chief Executive Officer and Managing Director of BOC Aviation, said: “We are pleased
Qatar Airways signs lease agreement for A350-1000s Read More »
Lufthansa Cargo has completed the ALPHA construction phase of its LCCevo infrastructure programme at Frankfurt Airport, marking a major milestone in the modernisation of its cargo hub. Covering around 80,000 m² – roughly the size of 11 football pitches – the project will transform the Lufthansa Cargo Center (LCC) into Europe’s most modern air cargo
Lufthansa Cargo completes ALPHA phase at Frankfurt cargo centre Read More »
Rolls-Royce has launched an advanced aircraft and engine health monitoring programme for Bombardier Global 5500 and Global 6500 business jets, combining its Pearl engine Engine Vibration & Health Monitoring Unit (EVHMU) with Bombardier’s Smart Link Plus system. Available to operators enrolled in Rolls-Royce CorporateCare® Enhanced, the integrated solution provides real-time, automatic transmission of engine performance
Rolls-Royce brings real-time engine insights to Bombardier jets Read More »
AerCap has delivered the first of three new Airbus A321neo aircraft to Azerbaijan Airlines (AZAL), marking the type’s debut in the airline’s fleet. The aircraft was handed over at Airbus’ Delivery Centre in Hamburg. The delivery forms part of a 2024 agreement covering three A321neos and three A320neos. Two A320neos have already entered service, with
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World Star Aviation (WSA) has announced the successful delivery of a second Boeing 737-400SF freighter to Skyway Airlines. Following the successful delivery of the first aircraft, the latest addition will support the continued expansion of Philippines-based Skyway Airlines across the Asia-Pacific region, enhancing its cargo capabilities in one of the world’s fastest-growing air freight markets.
WSA hands over second B737-400SF to Skyway Airlines Read More »
Aquila Air Capital (Aquila), the Ireland-based aircraft lessor backed by funds managed by global alternative asset manager Wafra Inc., has announced the successful refinancing and expansion of its warehouse facility with ATLAS SP Partners (ATLAS), the warehouse finance and securitised products business majority owned by Apollo funds. The facility has been increased to US$400 million.
Aquila expands credit facility to US$400 million Read More »
Willis Lease Finance has completed the acquisition of three Airbus A330-300 aircraft, which will be leased to China Airlines and EVA Air. The company said the deal reflects continued strong demand for aircraft assets and aftermarket services, as operators manage fleet growth, delivery delays and constrained maintenance capacity. Chief Executive Austin C. Willis said the
Willis Lease Finance completes acquisition of A330-300 aircraft Read More »
Azorra has completed the acquisition of 13 Embraer E190 aircraft and 36 General Electric CF34-10E6 engines from JetBlue, further strengthening its aircraft and engine portfolio. Following the signing of the purchase agreement in July 2025, the lessor has begun placing the aircraft and engines with customers worldwide as it continues to expand its global presence.
Azorra completes JetBlue Embraer portfolio acquisition Read More »
