J&C Aero (J&C), a European cabin interior hub, has announced the sale of a majority stake in the business to Setna iO (SETNA), a Chicago-based global aviation group specialising in used serviceable material, trading, repair services and asset leasing. The transaction is intended to support J&C’s next phase of growth while maintaining its operational standards,
Azul S.A. has formally concluded its voluntary financial restructuring process and exited Chapter 11 proceedings before the U.S. Bankruptcy Court for the Southern District of New York, following full repayment of its debtor-in-possession (DIP) financing and the settlement of its previously announced exit offering. All conditions under the company’s reorganisation plan, approved on December 19,
As seasonal demand continues to shape fleet deployment across Africa and Europe, Global Airways is reinforcing its role as a flexible capacity provider to leading carriers. In support of this strategy, Investec Corporate (Investec) & Investment Bank has partnered with Global Airways to finance an Airbus A320, strengthening the airline’s ability to operate across multiple
Bombardier has announced the acquisition of Velocity Maintenance Solutions (VMS), a provider of maintenance, repair and overhaul (MRO) services, headquartered in New Castle, Delaware. Completed through Bombardier’s US subsidiary, Learjet, the strategic transaction represents a further step in the company’s continued expansion of its services business and strengthens its commitment to delivering convenience and support
BOC Aviation Limited has announced the renewal of its US$3.5 billion unsecured revolving credit facility (RCF) with its largest shareholder, Bank of China, extending the maturity to February 13, 2031. The renewed facility continues to provide the Company with US$3.5 billion to support the ongoing growth of its business. “This RCF extension reflects the confidence
The Norwegian Group delivered an operating profit (EBIT) of NOK 3,732 million, the highest in the company’s history. In the fourth quarter, the Group reported an operating profit (EBIT) of NOK 21 million, an improvement on the negative result recorded in the same period in 2024. The Board of Directors will propose a dividend of
Chorus Aviation Inc. has announced an agreement to acquire Kadex Aero Supply (Kadex), a well-established independent distributor of aircraft parts, supplies, and repair and overhaul services. The transaction, which is subject to customary closing conditions, is expected to complete in the second quarter of 2026. Kadex, founded in 1994 by John Lavery and Ken Blow,
Bombardier has released that it has acquired Velocity Maintenance Solutions, a maintenance, repair and overhaul (MRO) services provider. Completed through Bombardier’s U.S. subsidiary, Learjet Inc., the strategic acquisition marks a further milestone in the expansion of Bombardier’s Services business. Velocity Maintenance Solutions adds valuable expertise and a strong reputation for service excellence to Bombardier’s industry-leading
Dubai Aerospace Enterprise (DAE) has announced its financial results for the year ended December 31, 2025, delivering strong growth in revenue, profitability and overall asset base. Total revenue reached US$1,725.2 million in 2025, up from US$1,429.6 million in 2024. This represents an increase of US$295.6 million, or 20.7%. The rise was primarily driven by higher
VSE Corporation (VSE), a provider of aviation aftermarket distribution and repair services, has announced that it has entered into a definitive agreement to acquire Precision Aviation Group (PAG), a portfolio company of GenNx360 Capital Partners (GenNx), for total upfront consideration of approximately US$2.025 billion in cash and equity. Founded in 1996 and headquartered in Atlanta,
