Coltala Holdings has launched Coltala Aerospace with the acquisition of Aeroparts Group © APG

Coltala Holdings launches Coltala Aerospace following acquisition of APG

February 18, 2025

Coltala Holdings has established Coltala Aerospace, a new platform dedicated to advancing the US aerospace and defence industries. The launch follows Coltala’s acquisition of Aeroparts Group (APG), which achieved over 60% growth last year, reinforcing Coltala’s commitment to strengthening national defence and aviation safety. Industry-Leading ExpertiseColtala Aerospace now includes Evans Composites, APM, and ACD Consulting,

Orix Aviation has agreed to acquired AerFin © Shutterstock

flyExclusive to acquire Jet.AI’s aviation business in strategic deal

February 17, 2025

flyExclusive Inc., a publicly traded provider of premium jet charter services, has reached a definitive agreement to acquire the aviation division of Jet.AI Inc., a private aviation and artificial intelligence company. The acquisition is part of Jet.AI’s strategy to concentrate on AI solutions, with the aviation business being spun off into a new entity, “SpinCo,”

Avolon reports 2024 results with 79% increase in net income

February 17, 2025

Global aviation finance company Avolon has announced its full-year results for 2024, reporting a net income of US$608 million, marking a 79% increase year on year. Adjusted net income stood at US$458 million, up 35% compared to the previous year, excluding settlement proceeds of US$177 million (US$150 million net of tax) from insurance claims related

Embraer makes an announcement to invest US$3.5 billion at the 'Nova Indústria Brasil/NIB' event in Brasília © Embraer

Embraer to invest US$3.5 billion by 2030 in aerospace innovation

February 14, 2025

Embraer has announced plans to invest approximately US$3.5 billion by 2030 as part of its growth strategy, focusing on increased aircraft production, global expansion, and the development of sustainable technologies. The announcement was made during the “Mission 6 of the New Industry Brazil (Nova Indústria Brasil/NIB)” event in Brazil, attended by Brazilian President Luiz Inácio

Spirit Airlines restructuring update: Frontier’s proposal rejected

February 12, 2025

Spirit Airlines has provided an update on its restructuring process following a proposal from Frontier Group Holdings, the parent company of Frontier Airlines. On February 4, 2025, Frontier submitted a new restructuring proposal offering Spirit stakeholders US$400 million in second-lien debt and 19% of Frontier’s common equity following a proposed merger. The proposal would eliminate

Archer secures fresh funding to accelerate hybrid aircraft development

February 12, 2025

Archer has announced a successful funding round of US$301.75 million, further strengthening its financial position and enabling the acceleration of its hybrid aircraft platform development for the defence sector and beyond. Leading institutional investors, including funds and accounts managed by BlackRock, participated in the financing. This latest capital injection brings Archer’s total liquidity to approximately

ATSG stockholders approve merger with Stonepeak

February 11, 2025

Air Transport Services Group (ATSG), a global powerhouse in medium wide-body freighter aircraft leasing, air transport operations, and support services, has announced that its stockholders have voted to approve the proposed merger with Stonepeak, an alternative investment firm specialising in infrastructure and real assets. The approval was confirmed at a special meeting of ATSG’s stockholders.

Aircraft lessors settle insurance disputes over Russia-stranded jets

February 10, 2025

Aircraft lessors Avolon and BOC Aviation have settled lawsuits in the High Court against insurers over jets stranded in Russia after Western sanctions in 2022, the companies announced on February 7. According to REUTERS, the trial, which began last June, involved approximately US$2.7 billion in insurance claims. SMBC Aviation Capital, another major lessor, confirmed it

TRIUMPH Group to be acquired in US$3 billion private equity deal

February 10, 2025

TRIUMPH Group (TRIUMPH) has released that it has entered into a definitive agreement under which affiliates of growth-focused private equity firms Warburg Pincus and Berkshire Partners will acquire TRIUMPH through a newly formed entity for a total enterprise value of approximately US$3 billion. Upon completion of the transaction, TRIUMPH will become a privately held company,

Setna iO has secured a majority stake in Zulu Global © Shutterstock

Setna iO secures majority stake in Zulu Global

February 6, 2025

Setna iO has released that it has reached an agreement to acquire a majority stake in Zulu Global, marking a significant step forward in its mission to enhance efficiency, innovation and value across the aviation supply chain. Zulu Global, renowned for its transparency and agility, provides trusted MRO capabilities across multiple ATA chapters and aircraft

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