Avolon, the global aviation finance company, has reported strong financial results for the first quarter (Q1) of 2025, with net income rising 36% year-on-year to US$145 million. Lease revenue reached US$683 million, a 10% increase compared with Q1 2024. The company generated robust operating cash flow of US$365 million, up 8% year-on-year. During the quarter,
The Lufthansa Group reported a 10% year-on-year revenue increase in the first quarter of 2025 (Q1 2025) reaching €8.1 billion. While the company recorded an adjusted EBIT loss of €722 million, this marked a significant improvement over last year’s €849 million loss. However, the Group’s net result declined to -€885 million from -€734 million. Operational
Airbus has finalised a definitive agreement with Spirit AeroSystems to acquire industrial assets related to its commercial aircraft programmes. Under this agreement, Airbus will take ownership of several key Spirit AeroSystems assets. These include the Kinston site in North Carolina, US, which produces A350 fuselage sections, and the St. Nazaire site in France, which also
SKY Leasing LLC, a prominent alternative investment manager with a strong pedigree in aviation finance, has reported the final close of its flagship fund, SKY Fund VI, L.P. (along with its parallel vehicle, collectively known as “SFVI” or “the Fund”). The Fund closed substantially above its original target, securing over US$1.35 billion in capital commitments.
Boeing has announced a definitive agreement to sell significant parts of its Digital Aviation Solutions business to Thoma Bravo, a software-focused investment firm. The all-cash deal, valued at US$10.55 billion, includes renowned assets such as Jeppesen, ForeFlight, AerData and OzRunways. The sale is a strategic move by Boeing aimed at sharpening its focus on core
Electra has announced the successful closure of a US$115 million Series B funding round to support the next stage of development for its pioneering EL9 aircraft—the world’s first ultra short take-off and landing aircraft. This funding will enable Electra to progress into the pre-production and certification phase of the EL9, which is capable of taking
airBaltic Training, a subsidiary of the Latvian national airline airBaltic and an aviation training provider in the Baltics, has announced its 2024 performance results, showcasing notable growth in training activity, strategic development of services and increased revenue. In 2024, the company generated nearly €5.5 million (US$6.3 million) in operating revenue — a 13% year-on-year increase.
Comply365, a global provider of operational content, safety, and training management solutions across aviation, rail, defence, and space sectors, has acquired Rolls-Royce’s Safety Management System (SMS) business. This move forms part of Comply365’s broader strategy to enhance its presence in the global safety and compliance management market. The Rolls-Royce SMS business, a well-regarded provider of
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
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
