Financial

Baltic Ground Services CZ, a daughter company of Baltic Ground Services (BGS), the international provider of ground handling, aircraft fueling and passenger services, belonging Avia Solutions Group, has signed an operational financing contract worth €1.2 million, with Raiffeisen Bank group. Baltic Ground Services CZ currently operates in Ostrava airport where it provides plane fueling service.

CAE has entered into a strategic partnership with Directional Aviation Capital (DAC). As part of this transaction, CAE will form a joint venture with DAC’s affiliate, Volo Sicuro and acquire a 50% stake in SIMCOM Holdings for approximately US$85 million. In addition, DAC’s affiliated business aircraft operators, which include Flexjet, Flight Options, Flairjet, Sirio, Nextant

Nordic Aviation Capital DAC (NAC) has announced its financial results for the year ended June 30, 2019. Total revenue increased by 21% to US$890 million and lease revenue increased by 17% to US $748 million. With a Business Performance result of US$162 million, NAC delivered a 15% return on equity. NAC generated cash flow from

On August 28, NR Investments, the Guernsey, Channel Islands investment vehicle, completed its purchase of Komaksavia Airport Invest, the Cyprus-incorporated owner of a 95% shareholding in Moldovan company, Avia Inves, the concession company of Moldova’s Chisinau International airport. This marks a significant next step in the airport’s development under a public-private concession agreement. The culmination

Apollo Global Management (together with its consolidated subsidiaries, “Apollo”), Athene Holding and GE Capital, the financial services arm of GE, have entered into a definitive agreement for Apollo and Athene to purchase PK AirFinance, an aviation lending business, from GE Capital’s Aviation Services (GECAS) unit. In connection with this transaction, Apollo will acquire the PK

BBAM Limited Partnership (BBAM), alongside its long-term partner Nomura Babcock & Brown Co., (NBB), have closed a Japanese operating lease with call option (JOLCO) transaction with British Airways for an A350-1000. This is the first JOLCO closing in a US$1.12 billion transaction combining senior secured enhanced equipment trust certificates (EETC) and JOLCO equity in relation

Flughafen Zürich has reported a profit of CHF 143.4 million for the first half of 2019. After adjusting the one-off effect for additional provisions for sound insulation measures in 2018, profit rose by CHF 13.1 million (+10.1%). Between January and June 2019, 14.9 million passengers used Zurich Airport as their departure, transfer or destination airport,