Aquila Air Capital (Aquila), the Ireland-based aircraft lessor backed by funds managed by global alternative asset manager Wafra Inc., has announced the successful refinancing and expansion of its warehouse facility with ATLAS SP Partners (ATLAS), the warehouse finance and securitised products business majority owned by Apollo funds. The facility has been increased to US$400 million.
FL Technics, a global provider of aircraft maintenance, repair and overhaul (MRO) services, has integrated Sensus Aero into its group, strengthening its aviation software and digital capabilities. Sensus Aero is the developer of Sensus MRO, a software platform designed for MRO providers specialising in base and heavy airframe maintenance. The platform replaces disconnected systems and
Airbus and Safran have agreed to acquire Tikehau Capital’s stake in Aubert & Duval, with each company taking an equal share, subject to regulatory approval. The move will give Airbus and Safran full ownership of the French metals specialist, which supplies advanced steel, titanium, aluminium and superalloys for the aerospace, defence, energy and healthcare sectors.
Bristow Group has agreed to acquire Berry Aviation from Acorn Capital Management for US$105 million in an all-cash transaction, subject to customary purchase price adjustments and closing conditions. The acquisition will strengthen Bristow’s Government Services business by adding specialist mission capabilities and long-established relationships with US defence and government customers. The company expects the deal
Greybull Stewardship (Greybull), a private investment firm focused on helping established small businesses grow and scale, has acquired Genesys Industries, Inc., a leading manufacturer and supplier of aerospace, commercial aviation and specialist industrial products. Genesys Industries brings together three long-established American manufacturing brands under a single platform. Avia Marine Company has supplied aircraft interior hardware,
ITOCHU Corporation has invested in Sirius Aviation Capital, an Abu Dhabi-based aviation investment manager focused on acquiring and managing mid-life aircraft leased to airlines worldwide. Through the transaction, ITOCHU joins existing shareholder Abu Dhabi Catalyst Partners, the strategic investment platform jointly owned by Mubadala Capital and Alpha Wave Global. The investment comes amid continued growth
Investec Bank has arranged an approximately US$870 million senior debt facility for a fund advised by BC Partners Credit, supporting a portfolio of 11 wide-body aircraft managed by FPG Amentum. The portfolio includes Boeing 777-300ERs, Boeing 787-9s, Boeing 787-10s and an Airbus A350-900 leased to Emirates, Etihad, Singapore Airlines and another leading Middle Eastern carrier.
Air France-KLM has signed a new €1 billion (US$1.16 billion) multi-purpose credit facility with a syndicate of 12 international banks, further strengthening the group’s financial flexibility and liquidity position. The facility can be drawn and repaid at the group’s discretion and has an initial maturity date of June 2028. It also includes a one-year extension
KKR has committed a further US$1.4 billion in equity to expand its global commercial aircraft leasing portfolio with Altavair, building on two existing partnerships. The investment will be funded primarily through KKR’s infrastructure and asset-based finance strategies. Since forming their strategic partnership in 2018, KKR-managed funds have committed more than US$8 billion to aircraft leasing
Norwegian has agreed to acquire Nordic Leisure Travel Group (NLTG), a leading Nordic provider of hotels and leisure travel experiences, in a deal designed to create a larger, more integrated travel group across the region. The transaction will bring together some of the best-known names in Nordic travel, including Ving, Spies, Tjäreborg, Globetrotter and Sunclass
