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
Bain Capital has launched JB Aircraft Finance, LLC, a new corporate jet financing and leasing platform focused on the mid-life business aircraft market. The venture has been established in partnership with aviation industry veteran Thomas Garbaccio and Miami-based Brickell Asset Management. JB Aircraft Finance aims to address a longstanding gap in corporate aviation by providing
Bell Textron has announced an order for three additional Bell 407GXis from Life Flight Network, the largest not-for-profit air medical programme in the United States and operator of the world’s largest Bell HEMS fleet, comprising 35 Bell aircraft. The new mission-ready helicopters will strengthen the organisation’s ability to deliver rapid-response emergency medical care across its
TrueNoord has diclosed that investor Arcus Infrastructure Partners has firmly agreed to acquire an approximate 74% stake in the business, while founding investor Freshstream will re-invest to retain the remaining share. The move marks a significant step in the company’s growth, providing stable capital to support future aircraft acquisitions as TrueNoord continues to build a
Biman Bangladesh Airlines have announced that the national carrier has placed its largest-ever Boeing order, selecting 14 787 Dreamliner and 737 MAX aircraft to support the expansion and modernisation of its fleet. The order comprises eight 787-10s for high-demand routes to the Middle East, two 787-9s to enhance long-haul services to Europe and North America,
Aergo Capital has appointed Paul Sheridan as Chief Executive Officer (CEO), effective June 2, 2026, signalling a major leadership change for the global aircraft lessor and servicer. He will be based at the company’s Dublin headquarters and succeeds Eugene O’Reilly, who has held the position on an interim basis since January 2026. Sheridan brings more
Vertical Aerospace (Vertical), a global aerospace and technology company pioneering electric aviation, has signed an agreement in principle as part of a financing package totalling up to US$850 million. The comprehensive package provides the company with a strengthened capital runway to build on recent operational progress and support key strategic milestones over the next 12
Finnair has signed an agreement for up to 46 Embraer E195-E2 aircraft, including 18 firm orders, 16 options and 12 purchase rights. The E195-E2s will replace the airline’s older aircraft, underpinning its strategy for profitable growth. Chosen for its superior efficiency, reliability and passenger appeal, the E195-E2 is the quietest single-aisle jet currently available and
De Havilland Aircraft of Canada Limited (De Havilland Canada) is marking a defining moment in aviation history with the delivery of its 1,000th DHC-6 Twin Otter. This milestone aircraft, together with the 999th Twin Otter, will join the fleet of SATENA, Colombia’s state-owned regional airline, representing both a global production achievement and a significant step
Estonian-founded SkySelect, an AI-powered procurement platform for aviation parts, has raised US$9 million in new funding. Airlines currently face significant operational and financial challenges linked to parts sourcing. Globally, carriers hold around US$50 billion in excess inventory, much of it tied up in legacy procurement systems that lack real-time visibility. When aircraft are grounded due
