Delta, Korean Air to strengthen partnerships with WestJet

Delta and Korean to buy 25% stake in WestJet for US$550 million

Delta Air Lines and Korean Air will deepen their respective partnerships with WestJet by acquiring minority equity stakes in the Canadian airline from Onex Partners, a Canadian investment and alternative asset management firm. Affiliated funds and co-investors of the Onex Group are also expected to participate in the sale alongside Onex Partners. These investments build […]

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Investec and Acorn deliver structured financing for A330-300 aircraft

Financial

Investec, a prominent international financial services provider, has completed a structured financing deal for four end-of-life Airbus A330-300 aircraft, managed by aviation asset specialist EirTrade. The aircraft, previously leased to a global airline, will be dismantled for parts by EirTrade following their return from lease, in a process known as part-out. This deal was executed

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Air Serbia expands its Embraer fleet

Aircraft & Engines

Air Serbia has welcomed its new Embraer E-195 aircraft at Belgrade Nikola Tesla Airport. The latest addition to the Serbian national carrier’s fleet, registered as YU-ATC, was manufactured in 2014 and features a 118-seat configuration. Following the completion of all necessary procedures, the aircraft will enter service and commence operations to various European destinations within

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Supply chain expansion in Morocco Embraer

Embraer expands its supply chain in Morocco

MRO & Production

Embraer has concluded an official visit to Morocco to evaluate the country’s aerospace supply chain, following a recent memorandum of understanding (MoU) signed between the Moroccan Government and Embraer to explore potential collaborative projects. Embraer sees considerable opportunities for business and industrial collaboration, as both Brazil and the Kingdom of Morocco share a strong commitment

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Qatar Airways, IAG Cargo and MASkargo plan cargo joint venture IAG Cargo

Qatar Airways Cargo, IAG Cargo, MASkargo plan cargo joint venture

Other News

Qatar Airways Cargo, IAG Cargo and MAB Kargo Sdn Bhd (MASkargo) have announced their intention to launch a global cargo joint business, which, subject to regulatory approval, will allow the carriers to further enhance service levels for customers and partners across the global air freight market. The strategic collaboration will bring together the combined expertise

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GTA Air adopts Aerios’ air cargo charter software

Information Technology

Aerios, the air cargo charter software company and member of CargoTech, has welcomed Texas-based carrier GTA Air as its latest partner airline, following its recent partnership with carrier Cargojet. GTA Air has integrated Aerios’ Carrier App platform into its operations, demonstrating the system’s adaptability for both large wide-body carriers and smaller narrow-body operators. This collaboration

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EGYPTAIR M&E secures 15th straight FAA approval

MRO & Production

EGYPTAIR MAINTENANCE & ENGINEERING (EGYPTAIR M&E) has successfully renewed its certification from the U.S. Federal Aviation Administration (FAA) for the 15th consecutive year, reaffirming the company’s unwavering commitment to the highest international standards of safety and quality in aircraft maintenance. The renewal follows an extensive on-site audit carried out by a team of FAA inspectors

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Phoenix Aviation Capital and AIP Capital seal US$300m PDP deal

Financial

Phoenix Aviation Capital (Phoenix), a full-service aircraft lessor, and AIP Capital have announced the closing of a pre-delivery payment (PDP) financing facility. The facility is designed to fund pre-delivery payments for Phoenix’s orderbook of 30 Boeing 737 MAX-8 aircraft. It provides up to US$300 million in total commitments, comprising US$175 million in immediate funding and

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MUFG closes US$75 million financing for Sun Country Airlines

Financial

Mitsubishi UFJ Financial Group (MUFG), a provider of financial services, has closed a US$75 million senior secured revolving credit facility (RCF) for Sun Country Airlines (Sun Country). MUFG acted as sole structuring agent and joint lead arranger with a US$37.5 million commitment. Sumitomo Mitsui Banking Corporation, serving as the other joint lead arranger, provided the

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Abu Dhabi Airport Service Centre signing Bombardier

Bombardier develops new Abu Dhabi service facility

MRO & Production

Bombardier has announced the development of a new service facility at Al Bateen Executive Abu Dhabi Airport, United Arab Emirates (UAE), further expanding its global maintenance, repair and overhaul (MRO) capabilities. This new facility marks a strong collaboration with Abu Dhabi Airports, drawing on their expertise and dedication to aviation excellence. Originally planned for Abu

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Malte Tamm

Delta and Korean to buy 25% stake in WestJet for US$550 million

Investec and Acorn deliver structured financing for A330-300 aircraft

Air Serbia expands its Embraer fleet

Embraer expands its supply chain in Morocco

Qatar Airways Cargo, IAG Cargo, MASkargo plan cargo joint venture

GTA Air adopts Aerios’ air cargo charter software

EGYPTAIR M&E secures 15th straight FAA approval

Phoenix Aviation Capital and AIP Capital seal US$300m PDP deal

MUFG closes US$75 million financing for Sun Country Airlines

Bombardier develops new Abu Dhabi service facility

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