Financial

easyJet reported record number of passengers at 80.2 million, up 9.7% year on year, with record load factor at 92.6% (2016: 91.6%), reflecting easyJet’s strong network positions and customer proposition. Capacity grew by 8.5% to over 86.7 million seats, as easyJet continued its strategy of purposeful investment with a focus on number one and two

Bombardier has launched an offering of US$900m aggregate principal amount of new Senior Notes due 2024 (the Notes). The net proceeds of the offering are expected to be used to finance a tender offer (the Tender Offer) for all US$600m aggregate principal amount outstanding of Bombardier’s 4.75% Senior Notes due 2019 (2019 Notes) and the

Avolon, the international aircraft leasing company, has announced the re-pricing and partial repayment of its US$500m Term Loan B-1 (TLB-1) facility. The TLB-1 facility, with a September 2020 maturity, was originally priced in March 2017 at LIBOR plus 2.25% with a LIBOR floor of 0%. The facility has now been repriced at LIBOR plus 1.75%

Morten Beyer & Agnew (“mba”) was retained by Aergen Aviation Finance Limited to provide Aircraft Appraisals, Maintenance Cash Flow Modeling, and Commercial Industry Analysis for debt issued by Harbour Aircraft Investments Limited (HAIL 2017). The Asset Backed Securitization (“ABS”) portfolio consists of thirty (30) aircraft currently on lease to eighteen (18) lessees spanning sixteen (16)

GE Additive has acquired GeonX, a privately-owned developer of simulation software. Terms of the deal are not being disclosed. Headquartered in Belgium, GeonX provides software for engineers when developing new products, to simulate additive manufacturing, welding, machining and heat treatment processes in various industries such as aerospace, automotive and energy. GeonX’s simulation software tool, Virfac®

This October, the online aircraft spare parts and repair capabilities marketplace Locatory.com has announced hitting record highs and increasing the company’s sales by 20%. Moreover, the company has managed to achieve such results with half the sales force of 2016. Having analysed its quarterly results, Locatory.com management team concluded that the last trimester has been

Finnair has raised its guidance for its 2017 comparable operating result as passenger and cargo traffic sales have developed better than forecasted. Finnair has also specified its revenue forecast for 2017. Finnair estimates that in 2017 its capacity will grow approximately 9%, while full-year revenue is expected to grow slightly faster than capacity. Finnair expects

West Star Aviation has acquired MSP Aero, a Minneapolis-based company working with avionics, interiors, minor paint and window restoration at KMSP and surrounding areas. Founded in June of 2009, MSP Aero was created to provide uninterrupted avionics services to area flight departments and received their FAA Part 145 Certified Repair Station certificate by December 2009.