IAC announces first investment-grade financing for expansion

June 26, 2025

International Aerospace Coatings (IAC), a provider of aircraft painting and aviation services, has announced the completion of a strategic financing, including its inaugural issuance of 4(a)2 private placement notes with an investment grade rating. The financing raised over US$240 million from leading infrastructure lenders, with proceeds used to refinance IAC’s existing credit facilities and support

Broward Aviation Services Group (BASG) acquires Support Air

June 23, 2025

Broward Aviation Services Group (BASG) has announced its acquisition of Support Air, Inc., a well-established service company and aircraft material provider based near Dayton, Ohio. The move marks a significant step in BASG’s strategy to expand its presence in the aviation used serviceable material (USM) aftermarket sector. Founded in 1996, Support Air has built a

Eaton to acquire UK’s Ultra PCS for US$1.55 billion

June 18, 2025

Eaton has signed an agreement to acquire Ultra PCS Limited from the Cobham Ultra Group in a US$1.55 billion deal aimed at boosting its aerospace offering. Ultra PCS, based in Cheltenham with operations in the UK and US, develops technology for electronic controls, sensing, data processing, and stores ejection — all used in mission and

Archer Aviation's eVTOL Midnight aircraft © Archer

Archer secures US$850 million boost to accelerate eVTOL rollout

June 13, 2025

Archer Aviation (Archer) has successfully raised an additional US$850 million through a direct share offering, following the announcement of a new Executive Order by President Trump. The order sets in motion an eVTOL (electric vertical take-off and landing) Integration Pilot program aimed at fast-tracking the deployment of advanced air mobility solutions across the United States.

London Court awards AerCap US$1 billion insurance indemnity

June 12, 2025

AerCap has announced a significant legal victory in the Commercial Court in London. In a judgment delivered on June 11, the court found that AerCap’s subsidiary, AerCap Ireland Limited, is entitled to an indemnity payment of approximately US$1 billion. This sum is to be recovered from insurers under the “War and Allied Perils” coverage section

Qantas will close its Singapore-based subsidiary, Jetstar Asia

Qantas to close Jetstar Asia amid strategic restructure

June 11, 2025

Qantas Group has announced the closure of its Singapore-based subsidiary, Jetstar Asia, as part of a strategic restructure supporting its historic fleet renewal and reinforcing its core operations in Australia and New Zealand. The decision, made jointly with majority shareholder Westbrook Investments, follows financial pressures including rising costs and intense competition in Asia. Jetstar Asia

Air T and Crestone conclude financing agreement with institutional investors

June 10, 2025

Air T has reported the successful renegotiation of a major financing agreement involving its wholly owned subsidiary, AAM 24-1, LLC. The revised agreement, reached with the company’s existing institutional investors, increases the transaction size from US$30,000,000 to US$100,000,000, extends the repayment timeline and enhances financial flexibility. These modifications are intended to reinforce Air T’s long-term

GOL successfully completes financial restructuring

June 9, 2025

Brazilian airline GOL Linhas Aéreas Inteligentes (GOL) has announced the successful completion of its financial restructuring under Chapter 11 of the U.S. Bankruptcy Code, emerging from the process overseen by the United States Bankruptcy Court for the Southern District of New York. With a reinforced financial foundation, including US$1.9 billion in exit financing and a

ACIA enhances and expands credit facility

June 4, 2025

ACIA Aero Leasing (ACIA) has reported the successful extension and expansion of its existing syndicated credit facility, led by Investec Bank. The upgraded facility now includes both term loan and revolving credit tranches, as well as a newly added subordinated term loan tranche. This improved structure is designed to provide ACIA with increased financial flexibility

Eve has been selected by FINEP to receive a grant of up to US$15.8 million

Eve Air Mobility secures US$15.8 million grant from FINEP