SKY Leasing has acquired JetBlue Ventures, the venture capital arm of JetBlue Airways. The deal marks a strategic move aimed at accelerating the growth of JetBlue Ventures by leveraging SKY’s global aviation partnerships, deep industry expertise and access to capital. JetBlue will retain a strategic role, continuing to collaborate with JetBlue Ventures and its portfolio
Avolon Holdings Limited (Avolon), a global aviation finance company, has announced it has raised US$1.0 billion in a new unsecured dual-tranche bank facility (the Facility) with a syndicate of six banks in the Middle East. The facility will comprise a conventional tranche and an Islamic tranche, both with a four-year term. Emirates NBD Capital Limited
VSE Corporation a provider of aviation aftermarket distribution and repair services, has announced the acquisition of Turbine Weld Industries (Turbine Weld), a specialist maintenance, repair, and overhaul (MRO) enterprise focused on complex engine components for business and general aviation (BG&A) platforms. Founded in 1986, Turbine Weld is a leading provider of high-value engine component repairs,
CMA CGM Air Cargo (CMA CGM) has expanded its fleet to nine aircraft by formally taking control of Air Belgium and receiving an additional 777 freighter from Boeing. The company announced on April 30th that it has completed the transfer of Air Belgium’s assets from a liquidator and will continue to operate Air Belgium as
Airbus SE has reported consolidated financial results for its first quarter (Q1) ending March 31st 2025. “Our Q1 results demonstrate the progress we are making on our priorities across the business. We are ramping up production in line with our plan but the delivery profile will be backloaded, reflecting the specific supply chain challenges we
Air France-KLM reported a strong first quarter, with 21.8 million passengers carried—an increase of 4.5% compared to the same period last year. The group saw capacity rise by 3.8% and traffic grow by 3.3%, resulting in a broadly stable load factor of 86.0%. Unit revenue per available seat kilometre (ASK) rose by 3.0% at constant
Ashland Place Finance LLC (Ashland Place), a commercial aviation financing platform, has completed two new financing facilities for Sirius Aviation Capital Holdings Limited (Sirius), an aircraft leasing company based in Abu Dhabi Global Market. The agreements relate to two Airbus A320-200 aircraft currently on lease to Peach Aviation Limited in Japan and Volaris in Mexico.
Willis Lease Finance Corporation (WLFC), the prominent lessor of commercial aircraft engines and global provider of aviation services, has announced the successful closing of three Japanese operating lease with call option (JOLCO) transactions, securing a total of US$64.8 million in financing. Two of the financings were completed in the first quarter of 2025, covering a
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
