Financial

Etihad Airways, its airport services business and five of its equity partners have today successfully completed an innovative new platform financing transaction, raising US$500m on the international markets. Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles, Alitalia and Jet Airways have together taken a new step forward in their strategic business development through

ICBC Financial Leasing has announced the closing of a financing facility for the refinancing of three aircraft with DVB Bank SE. The aircraft portfolio – consisting of one A330-200, one 737-700 and one A319-100 – are currently on long-term finance leases to China Eastern Airlines. The Chinese lessor mandated DVB as the sole arranger for

VAS Aero Services, a global leader in aviation logistics and aftermarket services, reported that America Aero Group, a global aviation company specializing in the acquisition of aftermarket aircraft and inventory, has acquired majority ownership of VAS Aero Services from H.I.G. Capital. In announcing the change of ownership, America Aero Group principal and VAS Executive Chairman

Ryanair issued a trading statement on September 9th, raising its full year net profit guidance by 25% from a current range of €940m to €970m to a new range of €1.175bn to €1.225bn due to stronger than expected peak summer traffic and prices as its “Always Getting Better” (AGB) customer experience programme continues to win

Avolon, the international aircraft leasing company, has entered into a definitive merger agreement (the “Merger Agreement”) to be acquired by Bohai Leasing, at a price of US$31 cash per common share (the Transaction). Under the terms of the Transaction, which has been unanimously approved by Avolon’s Board of Directors, all Avolon shareholders will receive US$31

AerFin reported the acquisition of the trade and assets of Airline Services Components (ASC), a leading commercial aircraft rotable component business based at London Gatwick Airport. ASC Management team and staff will transfer to AerFin, enhancing the company’s airframe parts distribution and routes to market for Boeing and Airbus components, including recent acquisitions of A320,