{"press_releases":[{"id":57720,"article":"BOC Aviation has agreed to acquire 12 Airbus A320neos for long-term lease to Avianca, expanding its relationship with the Colombian carrier and supporting parent Abra Group’s fleet growth strategy.\r\n\r\nThe aircraft will be purchased directly from Airbus and are scheduled for delivery in 2029. All 12 will be powered by CFM International LEAP-1A engines.\r\n\r\nThe transaction also includes pre-delivery payment financing support for Avianca. BOC Aviation said such financing is becoming increasingly important for airline customers as manufacturers increase aircraft production and carriers fund growing delivery pipelines.\r\n\r\nFor Avianca and Abra Group, the additional A320neos will provide new-generation narrowbody capacity to support network growth and connectivity across Latin America while improving fleet efficiency.\r\n\r\nThe deal increases BOC Aviation’s forward commitments to the A320neo Family while extending its existing leasing relationship with Avianca.\r\n","title":"BOC Aviation to Lease 12 New A320neos to Avianca","slug":"boc-aviation-to-lease-12-new-a320neos-to-avianca","date":"2026-09-10T05:41:00.000Z","company":{"image_url":"/uploads/companies/729/boc_aviation","name":"BOC Aviation","id":729},"formatted_date":"10SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/9bcc8d6891894404c6459d2d7cc4c787.webp"},{"id":57719,"article":"BDO Ireland has established a dedicated Aviation Advisory unit targeting aircraft lessors, airlines, investors, financial institutions and other participants in the global aviation finance market.\r\n\r\nThe new practice is led by Stan Barnes, Partner and Head of Aviation Advisory, alongside Donal Boylan and Gerry Power. BDO said the three executives bring more than 100 years of combined experience spanning aircraft leasing, aviation finance, asset management and aviation technology.\r\n\r\nThe unit will advise clients on aircraft and portfolio transactions, asset lifecycle management, operational transformation, risk and governance, technology projects and regulatory requirements. It will combine specialist aviation expertise with BDO Ireland’s broader financial and professional services capabilities.\r\n\r\nBDO is launching the business from Ireland, where many of the world’s largest aircraft leasing companies are headquartered or maintain significant operations. Irish-based lessors manage more than half of the global leased commercial aircraft fleet, according to the firm.\r\n\r\nThe practice will also use BDO’s international network to serve aviation clients outside Ireland as the firm seeks to develop the unit into a global advisory platform.\r\n\r\nThe expansion comes as aircraft owners and financiers face increasingly complex capital markets, regulatory requirements, technology investments and asset-management decisions, creating additional demand for specialized advisory services across the aircraft lifecycle.\r\n","title":"BDO Ireland Launches Aviation Advisory Practice","slug":"bdo-ireland-launches-aviation-advisory-practice","date":"2026-09-10T05:39:00.000Z","company":{"image_url":"/uploads/companies/98/aviator.png","name":"AVIATOR","id":98},"formatted_date":"10SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/954e859c33d3713bccf7b5233e08b0f6.jpg"},{"id":57718,"article":"CDB Aviation has completed the delivery of five Airbus A321neos to LATAM Airlines Group under lease agreements signed in 2025, expanding the lessor’s relationship with South America’s largest airline group.\r\n\r\nThe five A321-271NX aircraft are powered by Pratt \u0026 Whitney GTF engines. With completion of the latest delivery program, CDB Aviation now has six A321neos on lease to LATAM.\r\n\r\nThe additional aircraft provide LATAM with higher-capacity narrowbody equipment as it continues to modernize and diversify its fleet across South America. The A321neo’s range also gives the group flexibility to deploy the type on longer routes connecting its regional network with destinations in the Caribbean and North America.\r\n\r\nFor CDB Aviation, the transaction increases its exposure to Latin America as passenger demand and airline fleet requirements continue to expand across the region.\r\n\r\nDublin-based CDB Aviation is wholly owned by China Development Bank Financial Leasing.\r\n","title":"CDB Aviation Completes Five-Aircraft A321neo Delivery Program with LATAM","slug":"cdb-aviation-completes-five-aircraft-a321neo-delivery-program-with-latam","date":"2026-09-08T17:55:00.000Z","company":{"image_url":"/uploads/companies/2750/cdb_aviation","name":"CDB Aviation","id":2750},"formatted_date":"08SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/e88448af13c96ca21c16c4cc6c5a3d73.jpg"},{"id":57717,"article":"Avianca has secured up to $300 million in financing to support CFM56 engine maintenance at GE Aerospace’s Celma facilities in Brazil, introducing a new export-credit structure for aviation MRO services in the country.\r\n\r\nCitibank arranged the financing, which is supported by export credit insurance provided by the Brazilian Agency for the Management of Guarantee Funds and Guarantees (ABGF). The structure is the first under the program to finance aircraft engine maintenance services for a non-Brazilian airline.\r\n\r\nThe facility will fund maintenance, repair and overhaul shop visits for CFM56 engines in Avianca’s fleet, providing the Abra Group carrier with additional liquidity and flexibility to execute its engine maintenance program.\r\n\r\nThe transaction also expands the use of Brazilian export-credit support beyond manufactured aerospace products to high-value aviation services, with GE Aerospace performing the underlying work domestically.\r\n\r\nGE Aerospace’s Celma operation is its principal engine overhaul platform in Latin America, with facilities in Petrópolis, Rio de Janeiro and Três Rios. The Brazilian business performs approximately 25% of GE Aerospace’s internal engine maintenance work globally.\r\n\r\nFor Avianca, the financing creates a dedicated source of capital for engine shop visits as the airline and parent Abra Group focus on fleet reliability, maintenance planning and greater operational synergies across the group.\r\n","title":"Avianca Secures $300 Million Engine MRO Financing Backed by Brazil’s ABGF","slug":"avianca-secures-300-million-engine-mro-financing-backed-by-brazils-abgf","date":"2026-09-08T15:41:00.000Z","company":{"image_url":"/uploads/companies/142/avianca_airlines","name":"avianca airlines","id":142},"formatted_date":"08SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/55830f7332fa2aca3c80bc848345da2f.png"},{"id":57716,"article":"Air Cairo has placed a firm order for 15 Airbus A320neo aircraft, marking the Egyptian carrier’s first direct aircraft acquisition from Airbus and adding an ownership component to a fleet built largely through leasing.\r\n\r\nThe order was signed at the El Alamein International Airshow and forms part of an expansion plan that calls for Air Cairo’s fleet to exceed 130 aircraft by 2034. The airline currently operates more than 45 aircraft, up from seven five years ago.\r\n\r\nThe new A320neos will support growth across Air Cairo’s domestic, regional and international networks while allowing the carrier to balance directly owned aircraft with leased capacity. The airline expects the mixed ownership structure to provide greater flexibility as its fleet and network expand.\r\n\r\nAir Cairo has separately selected CFM International LEAP-1A engines for the 15 aircraft, along with spare engines and options covering another 15 A320neos.\r\n\r\nThe carrier already operates 20 LEAP-1A-powered A320neos and 12 A320ceos equipped with CFM56 engines. The latest aircraft and engine commitments establish a path for further expansion of its new-generation Airbus narrowbody fleet as Air Cairo targets substantial growth through 2034.\r\n","title":"Air Cairo Orders 15 A320neos as It Adds Owned Aircraft to Fleet Strategy","slug":"air-cairo-orders-15-a320neos-as-it-adds-owned-aircraft-to-fleet-strategy","date":"2026-09-08T15:27:00.000Z","company":{"image_url":"/uploads/companies/484/airbus","name":"Airbus","id":484},"formatted_date":"08SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/06a9cadee60ea5e138807779ab942cbf.jpg"},{"id":57715,"article":"Royal Jordanian has taken delivery of its 17th Airbus A320neo Family aircraft, continuing a fleet renewal program that has added 10 aircraft since the beginning of 2026.\r\n\r\nThe latest delivery increases the Jordanian flag carrier’s total fleet to 36 aircraft. Another A320neo Family aircraft is scheduled to arrive in December, bringing the fleet of the type to 18 by year-end, followed by one additional aircraft in each of 2027 and 2028 for a total of 20.\r\n\r\nRoyal Jordanian also plans to add an Airbus A321 in 2027. Three of its A320neos have been designated for a new Premium Economy product positioned between Economy and Crown Class.\r\n\r\nThe narrowbody expansion is being accompanied by additional long-haul capacity. Royal Jordanian has received two Boeing 787-9s during 2026 and expects a third in 2027, with plans to eventually operate nine of the type. Its seven existing 787-8s are undergoing cabin, connectivity and livery upgrades.\r\n\r\nRegional capacity is provided by eight Embraer E2 aircraft, giving the airline a three-tier fleet strategy covering regional, short- and medium-haul, and long-haul markets.\r\n\r\nThe additional aircraft are supporting a broader network expansion that includes Misrata, Munich, Hamburg, Sharjah, Alexandria, Dallas, Vienna and Tashkent. Royal Jordanian is targeting a network of approximately 60 destinations over the coming years.\r\n\r\nThe airline said its fleet investment is being balanced against higher lease liabilities and financing costs, with management evaluating new aircraft based on their overall economics, including fuel consumption, maintenance expenses and revenue contribution. Royal Jordanian reported improved revenue, passenger traffic and positive financial results during the first half of 2026.\r\n","title":"Royal Jordanian Adds 17th A320neo Family Aircraft as Fleet Reaches 36","slug":"royal-jordanian-adds-17th-a320neo-family-aircraft-as-fleet-reaches-36","date":"2026-09-08T15:17:00.000Z","company":{"image_url":"/uploads/companies/436/royal_jordanian_airlines.png","name":"Royal Jordanian Airlines","id":436},"formatted_date":"08SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/59acf4f080aff72b92a825c62bb53a1e.jpeg"},{"id":57714,"article":"Air Cairo has selected CFM International LEAP-1A engines to power up to 30 additional Airbus A320neo aircraft as the Egyptian carrier continues its fleet expansion.\r\n\r\nThe agreement covers engines for 15 firm aircraft, options covering another 15, and spare engines. If all options are exercised, the transaction would represent more than 60 LEAP-1A engines.\r\n\r\nThe new commitment builds on an established CFM-powered fleet at Air Cairo. The airline currently operates 20 A320neos with LEAP-1A engines alongside 12 A320ceos powered by CFM56 engines and has used CFM products since 2005.\r\n\r\nThe engine selection supports Air Cairo’s broader fleet modernization program, increasing the number of new-generation narrowbodies in its operation while maintaining continuity with its existing LEAP-powered A320neo fleet.\r\n\r\nCFM is also introducing durability improvements across the LEAP fleet, including a high-pressure turbine durability kit designed to increase time on wing and a reverse bleed system intended to reduce maintenance requirements.\r\n\r\nThe agreement was announced September 8 at the El Alamein International Airshow in Egypt.\r\n","title":"Air Cairo Selects LEAP-1A Engines for Up to 30 Additional A320neos","slug":"air-cairo-selects-leap-1a-engines-for-up-to-30-additional-a320neos","date":"2026-09-08T15:11:00.000Z","company":{"image_url":"/uploads/companies/2296/air_cairo","name":"Air Cairo","id":2296},"formatted_date":"08SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/29c4d06ca3db57a0e8288e211ff9f8a4.webp"},{"id":57713,"article":"AFG is pleased to announce the acquisition and delivery of a new Airbus A321neo, bearing manufacturer serial number 13374, to IndiGo.\r\n\r\nThe aircraft is on lease to IndiGo and was delivered on 8 September 2026 at the Airbus facilities in Toulouse, France.\r\n\r\nThe transaction marks AFG’s third new A321neo placement with IndiGo, following deliveries in December 2025 and April 2026, and represents another successful execution of AFG’s aircraft investment and leasing activities with one of the world’s largest airline operators.\r\n\r\nChristian Nuehlen, CEO of AFG, commented: “This delivery demonstrates AFG’s ability to originate, structure and execute new-technology aircraft transactions for leading airlines worldwide. Successfully managing three A321neo deliveries to one of the world’s largest airline operators reflects the strength of our platform, the depth of our aviation expertise and, above all, the execution capabilities of our team. We remain focused on deploying capital into high-quality aviation assets and delivering transactions to the standards expected by our airline and investment partners globally.”\r\n\r\nThe transaction further reinforces AFG’s position as an international aviation investment and asset management platform with the capabilities to originate, finance, place and manage modern commercial aircraft across global markets.","title":"AFG Places Third New A321neo with IndiGo","slug":"afg-places-third-new-a321neo-with-indigo","date":"2026-09-08T15:10:00.000Z","company":{"image_url":"/uploads/companies/4598/afg___aircraft_finance_germany.png","name":"AFG - Aircraft Finance Germany","id":4598},"formatted_date":"08SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/316924bc294b043c7d9c7b936fd2cc6e.jpg"},{"id":57712,"article":"National Jet Express is adding a ninth Embraer E190 to its fleet as the Australian operator increases capacity to meet growing demand for fly-in, fly-out services.\r\n\r\nThe aircraft, VH-8EC, is scheduled to enter service on September 19 and will be based in Perth. Its arrival follows the introduction of NJE’s 13th De Havilland Q400, VH-8QE, in June.\r\n\r\nWith the latest E190, NJE’s FIFO passenger fleet will increase to 22 aircraft, comprising nine E190 jets and 13 Q400 turboprops. The fleet supports contract flying across Western Australia, South Australia and Queensland.\r\n\r\nNJE plans to add a tenth E190 approximately one month after VH-8EC enters service, with further fleet growth planned over the following 12 months as demand for its FIFO operations increases.\r\n\r\nThe company operates and maintains both its E190 and Q400 fleets in-house, providing a common operating platform for existing contracts and additional resource-sector flying opportunities across Australia.\r\n","title":"National Jet Express Adds Ninth E190 as FIFO Fleet Expands","slug":"national-jet-express-adds-ninth-e190-as-fifo-fleet-expands","date":"2026-09-08T15:00:00.000Z","company":{"image_url":"/uploads/companies/4977/national_jet_express","name":"NJE National Jet Express","id":4977},"formatted_date":"08SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/72e315d97242dbea48cce7e3c1fff253.png"},{"id":57711,"article":"Southern Vision Investment has taken a strategic stake in AVi8 Airways, providing funding to support the Vietnamese startup through certification and preparations for commercial operations in 2027.\r\n\r\nFinancial terms and the size of SVI’s investment were not disclosed, with additional details expected to be released in future regulatory filings. AVi8 said the capital provides financial support for its certification process and establishes SVI as a long-term investor in the business.\r\n\r\nAVi8 is developing an ACMI and charter platform focused on Southeast Asia and the broader Asia-Pacific market. Its planned fleet includes Airbus A320-family aircraft for passenger operations and A321F and A330F freighters for cargo services.\r\n\r\nThe airline intends to launch with cargo operations in 2027 before adding passenger charter and ACMI services. Its business model is designed around supplying additional capacity to airlines and other customers during seasonal demand peaks and for markets where dedicated charter or cargo capacity is required.\r\n\r\nAVi8 plans to build its fleet progressively after entering service, with SVI’s investment providing capital as the company moves through certification, aircraft introduction and initial commercial operations.\r\n\r\nThe transaction gives AVi8 a strategic financial partner as it seeks to establish a dedicated ACMI and charter operation in a Southeast Asian market where airlines increasingly use flexible capacity to manage seasonal passenger demand and cargo requirements.","title":"Southern Vision Investment Becomes Strategic Investor in AVi8 Airways","slug":"southern-vision-investment-becomes-strategic-investor-in-avi8-airways","date":"2026-09-08T14:44:00.000Z","company":{"image_url":"/uploads/companies/5405/avi8_airways.png","name":"AVi8 Airways","id":5405},"formatted_date":"08SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/bdef7e4bcef2d8972041d03f51be1d97.jpeg"},{"id":57710,"article":"fastjet Zimbabwe will extend the deployment of an Airbus A320 following increased demand on its routes between Zimbabwe and Johannesburg.\r\n\r\nThe A320 entered the carrier’s operation on August 1, initially as additional capacity for the peak travel period in August and September. The aircraft has been serving the Harare-Johannesburg and Victoria Falls-Johannesburg routes.\r\n\r\nUnder the revised schedule, fastjet will retain the additional A320 capacity through the end of October before bringing the aircraft back into service for the December festive travel period.\r\n\r\nThe larger aircraft supplements fastjet Zimbabwe’s existing fleet and provides additional seats on two of its highest-demand international routes. The airline said traffic from both business and leisure passengers has supported the decision to extend the deployment.\r\n\r\nThe A320 has also been used to introduce fastjet’s Business Premium product, which includes additional baggage allowances, dedicated ground services and an upgraded onboard offering.\r\n\r\nThe extension gives fastjet additional capacity during two important demand periods without committing the airline to year-round A320 operations.\r\n","title":"fastjet Zimbabwe Extends A320 Operations Through December Peak","slug":"fastjet-zimbabwe-extends-a320-operations-through-december-peak","date":"2026-09-07T16:26:00.000Z","company":{"image_url":"/uploads/companies/2318/fastjet","name":"Fastjet","id":2318},"formatted_date":"07SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/7b7cf702640924dc9963b853d54bd105.webp"},{"id":57708,"article":"Aviation Capital Group has delivered a new Boeing 737-8 to South Korea’s Trinity Airways, marking the first aircraft to enter service in the carrier’s new branding following its transition from T’way Air.\r\n\r\nThe aircraft was delivered from ACG’s Boeing orderbook and is the third of seven 737-8s being supplied to the airline under an existing mandate. The remaining four aircraft are scheduled to be delivered by the end of 2026.\r\n\r\nThe delivery also introduces Trinity Airways’ new gray and rose gold livery, making the 737-8 the first aircraft to operate with the carrier’s new visual identity.\r\n\r\nTrinity plans to use the additional narrowbody capacity to support expansion from its Seoul hubs at Incheon International Airport and Gimpo International Airport, including services across the Asia-Pacific region.\r\n\r\nThe seven-aircraft transaction with ACG provides Trinity with additional 737-8 capacity as the airline moves forward with its new brand and continues expanding its international network.\r\n","title":"Aviation Capital Group Delivers Third 737-8 to Rebranded Trinity Airways","slug":"aviation-capital-group-delivers-third-737-8-to-rebranded-trinity-airways","date":"2026-09-04T11:45:00.000Z","company":{"image_url":"/uploads/companies/1026/aviation_capital_group","name":"Aviation Capital Group","id":1026},"formatted_date":"04SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/738535ff2048f16060b0cad4f6a4653e.jpg"},{"id":57707,"article":"ANA Holdings has placed a firm order for eight additional Embraer E190-E2s, increasing its commitment for the regional jet to 23 aircraft.\r\n\r\nThe agreement formalizes the fleet expansion announced by ANA Holdings on July 29 and follows its original order for 15 E190-E2s in 2025. The Japanese aviation group retains options for another five aircraft.\r\n\r\nDeliveries of ANA’s E190-E2 fleet are scheduled to begin in 2028. The aircraft will support the group’s regional network in Japan, where ANA plans to use the type to improve operating economics while maintaining capacity appropriate for smaller domestic markets.\r\n\r\nThe additional order deepens Embraer’s position in Japan, where E-Jets have operated since 2009. ANA’s selection of the E190-E2 also introduces the second-generation E-Jet family into its fleet as part of a broader effort to improve the efficiency of regional operations.\r\n\r\nIf ANA exercises its five remaining options, its E190-E2 fleet commitment would increase to as many as 28 aircraft.\r\n","title":"ANA Holdings Adds Eight E190-E2s, Lifting Firm Order to 23 Aircraft","slug":"ana-holdings-adds-eight-e190-e2s-lifting-firm-order-to-23-aircraft","date":"2026-09-04T05:15:00.000Z","company":{"image_url":"/uploads/companies/435/embraer","name":"Embraer","id":435},"formatted_date":"04SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/59ee0750d06b29b4b9a72a14e1a26081.jpg"},{"id":57706,"article":"airBaltic has agreed terms for up to €257 million of interim financing as the Latvian carrier seeks additional liquidity to implement its revised business plan.\r\n\r\nThe financing would be provided by a combination of existing bondholders and third-party finance providers through newly issued bonds maturing on February 26, 2027. The providers have committed to make the full amount available, subject to required approvals and other conditions.\r\n\r\nUnder the proposed structure, €180 million would become available shortly after bondholder approval, with a further €77 million accessible once additional conditions are satisfied. A bondholder meeting to consider the transaction is scheduled for September 11.\r\n\r\nThe funding is designed to provide airBaltic with liquidity while management implements measures intended to improve efficiency and move the airline toward a more self-sufficient financial position.\r\n\r\nThe transaction does not require a new financial contribution from the Latvian government. However, Latvia may participate proportionally to its existing position as an airBaltic bondholder under recently adopted legislation.\r\n\r\nThe financing remains subject to approvals from airBaltic’s bondholders and shareholders and forms part of a broader financial restructuring accompanying the carrier’s new business plan.\r\n","title":"airBaltic Secures Commitments for Up to €257 Million of Interim Financing","slug":"airbaltic-secures-commitments-for-up-to-257-million-of-interim-financing","date":"2026-09-03T16:29:00.000Z","company":{"image_url":"/uploads/companies/460/airbaltic","name":"airBaltic","id":460},"formatted_date":"03SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/e07c32d91b6fd75c535520a5fde8eec1.jpg"},{"id":57705,"article":"Rolls-Royce \u0026 Partners Finance has agreed to establish an aircraft engine leasing company in China’s Tianjin Dongjiang Comprehensive Bonded Zone, committing more than RMB2.3 billion to the new operation.\r\n\r\nThe agreement was signed with the Tianjin Dongjiang authorities on September 3 during the 2026 China Aviation Finance International Forum. The new entity will hold aircraft engine assets in China and serve as a platform for RRPF’s core activities in the country.\r\n\r\nThe business will focus on engine leasing, asset management and lifecycle services. According to the announcement, the transaction marks the first time a major international aviation lessor has established ownership of leasing assets in China for local operations.\r\n\r\nUK-based RRPF is a joint venture between Rolls-Royce and US railcar and aircraft leasing company GATX. Its global portfolio comprises more than 1,000 engines under lease or management serving over 50 airline customers.\r\n\r\nThe Tianjin investment gives RRPF a locally based asset-owning platform as it expands its presence in China’s aviation leasing market.\r\n","title":"Rolls-Royce \u0026 Partners Finance Establishes Engine Leasing Company in Tianjin","slug":"rolls-royce-partners-finance-establishes-engine-leasing-company-in-tianjin","date":"2026-09-03T13:59:00.000Z","company":{"image_url":"/uploads/companies/516/rolls_royce","name":"Rolls-Royce","id":516},"formatted_date":"03SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/0be33568e2ba21905321a66729c415f9.png"},{"id":57704,"article":"FLY91 has placed a firm order for 40 ATR 72-600s in a transaction valued at approximately $1 billion, providing the Indian regional carrier with aircraft for a major expansion of its domestic network.\r\n\r\nDeliveries are scheduled between 2027 and 2032. The transaction is ATR’s largest firm order in almost a decade and the manufacturer’s largest-ever order from a regional airline.\r\n\r\nFLY91 currently operates six aircraft and plans to expand its fleet to 60 within five years. The new ATRs will provide the core capacity for that growth as the airline develops connections between India’s Tier 2 and Tier 3 cities.\r\n\r\nThe order also represents a significant boost to ATR’s 2026 commercial activity. It increases the manufacturer’s firm order intake for the year to 54 aircraft, already exceeding its full-year 2025 net order total.\r\n\r\nFLY91 launched commercial operations in 2024 with a business model focused specifically on regional flying. The airline is backed by Convergent Finance, with Chairman Harsha Raghavan describing the new aircraft commitment as the platform for its next phase of expansion.\r\n\r\nThe fleet investment comes as India prepares to expand its regional connectivity program through UDAN 2.0. FLY91 plans to use the ATR 72-600’s economics on shorter sectors to expand direct air links between smaller cities and regional economic centers.\r\n","title":"FLY91 Orders 40 ATR 72-600s in $1 Billion Fleet Expansion","slug":"fly91-orders-40-atr-72-600s-in-1-billion-fleet-expansion","date":"2026-09-03T12:24:00.000Z","company":{"image_url":"/uploads/companies/640/atr","name":"ATR","id":640},"formatted_date":"03SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/19f7950c0ae7be9506c87a4751d0fb29.jpg"},{"id":57703,"article":"La Caisse and SMBC Aviation Capital are doubling the investment capacity of their Maple Aircraft Company Holdings joint venture to $3 billion after deploying the platform’s original $1.5 billion commitment ahead of schedule.\r\n\r\nEstablished in 2024, Maple Aircraft Company Holdings, or MACH, provides financing for new-technology aircraft leased to airlines. The platform has assembled a portfolio of 21 aircraft placed with 13 carriers across 10 markets during its first two years.\r\n\r\nThe partners have also extended MACH’s investment period through December 2029, giving the platform additional capacity to acquire and finance modern, fuel-efficient aircraft as airlines seek alternatives to traditional sources of aircraft financing.\r\n\r\nSMBC Aviation Capital will continue to originate transactions for MACH and service the portfolio, combining its aviation leasing and asset-management capabilities with institutional capital provided through the partnership with La Caisse.\r\n\r\nThe expansion gives the companies another $1.5 billion to deploy through the platform and increases their exposure to an aircraft leasing market supported by airline fleet renewal requirements and continued demand for newer aircraft.\r\n","title":"La Caisse and SMBC Aviation Capital Expand Aircraft Leasing Platform to $3 Billion","slug":"la-caisse-and-smbc-aviation-capital-expand-aircraft-leasing-platform-to-3-billion","date":"2026-09-03T12:13:00.000Z","company":{"image_url":"/uploads/companies/3591/smbc_aviation_capital","name":"SMBC Aviation Capital","id":3591},"formatted_date":"03SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/ab7fa9e9cb866743027716640a11372f.png"},{"id":57702,"article":"Abelo has completed the delivery of three new ATR 72-600 aircraft to Bangladesh’s Air Astra, with the third aircraft now handed over under the leasing agreement. \r\n\r\nThe three-aircraft transaction expands Air Astra’s turboprop fleet as the carrier builds additional capacity in Bangladesh’s domestic market. The airline operates the ATR 72-600 on routes including services from Dhaka to Cox’s Bazar and Chattogram.\r\n\r\nAir Astra began operations in November 2022 and is part of US-Bangla Group, which also owns US-Bangla Airlines. The carrier said the additional aircraft will support growing passenger demand and its continued domestic expansion.\r\n\r\nFor Dublin-based Abelo, the transaction adds another placement of new-generation turboprops to its regional aircraft leasing portfolio. The lessor specializes in turboprop aircraft and has focused its investment strategy on replacing older regional aircraft with newer, more fuel-efficient types. \r\n","title":"Abelo Completes Delivery of Three New ATR 72-600s to Air Astra","slug":"abelo-completes-delivery-of-three-new-atr-72-600s-to-air-astra","date":"2026-09-02T18:39:00.000Z","company":{"image_url":"/uploads/companies/4893/abelo","name":"Abelo","id":4893},"formatted_date":"02SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/e08803fc38c488b0e49b529f23e28509.jpg"},{"id":57701,"article":"Brazil’s National Civil Aviation Agency (ANAC) has suspended the air operator certificate of Total Linhas Aéreas, grounding the cargo carrier until it resolves a series of safety and regulatory deficiencies identified by the agency.\r\n\r\nThe suspension took effect on September 1 and will remain in place for an indefinite period. Total, which operates cargo and postal services including flights for Brazil’s Correios postal service, cannot conduct commercial air operations while the measure remains in force.\r\n\r\nANAC cited outstanding critical and high-level non-conformities involving continuing airworthiness, operational safety systems and aviation security. The regulator concluded that corrective measures recently proposed by Total had not demonstrated that the underlying risks had been adequately addressed.\r\n\r\nRegulators also identified weaknesses in the airline’s Safety Management System and Continuous Analysis and Surveillance System. ANAC said successive management changes had contributed to a loss of accumulated technical and managerial knowledge, reducing the carrier’s ability to identify, control and correct operational risks internally.\r\n\r\nBefore operations can resume, Total must address its outstanding safety findings, restore required management positions with personnel accepted by ANAC, strengthen its safety oversight systems, regularize continuing-airworthiness controls and improve procedures for identifying and reporting operational events and risks.\r\n\r\nThe carrier will also be subject to additional audits and regulatory inspections. ANAC said operations can resume only after those reviews produce satisfactory results demonstrating an acceptable level of safety.\r\n","title":"Brazil’s ANAC Suspends Total Linhas Aéreas Operations","slug":"brazils-anac-suspends-total-linhas-a-reas-operations","date":"2026-09-02T17:02:00.000Z","company":{"image_url":"/uploads/companies/1875/anac__brazil_","name":"ANAC (Brazil)","id":1875},"formatted_date":"02SEP2026","thumb_url":null},{"id":57700,"article":"Turning Rock Partners has completed an asset-backed financing with AerFin covering three Airbus A220 aircraft, marking the second aviation financing transaction between the companies.\r\n\r\nThe aircraft will initially remain in service before being transitioned into AerFin’s aftermarket program. Under the planned asset strategy, the engines will be placed on long-term leases while the airframes will be dismantled for used serviceable material.\r\n\r\nAerFin will oversee the aircraft teardowns, maintenance and subsequent distribution of components through its global aftermarket platform. The company has been developing a supply of used A220 material as the installed fleet grows and operators seek additional sources of replacement components.\r\n\r\nThe transaction builds on an existing financing relationship between New York-based Turning Rock and AerFin, combining asset-backed capital with AerFin’s aircraft and engine management capabilities.\r\n\r\nInvestec Aviation Finance provided debt financing for the transaction.\r\n\r\nHolland \u0026 Knight, Matheson and Stream Avocats \u0026 Solicitors Paris provided legal counsel, while Shannon Technical Services performed collateral assessment and technical and physical inspections.\r\n","title":"Turning Rock and AerFin Complete Financing Backed by Three A220s","slug":"turning-rock-and-aerfin-complete-financing-backed-by-three-a220s","date":"2026-09-02T13:57:00.000Z","company":{"image_url":"/uploads/companies/2401/aerfin.png","name":"AerFin","id":2401},"formatted_date":"02SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/37dafca8ed255b74a210dbab804bc55c.webp"},{"id":57699,"article":"euroAtlantic Airways has added an Airbus A330-300 on lease from Jackson Square Aviation, expanding the Portuguese carrier’s widebody fleet as it grows its ACMI and charter operations.\r\n\r\nThe 15-year-old aircraft will be registered CS-TGI following regulatory approvals. It arrived in Beja, Portugal, on August 17 after a delivery flight from Kuala Lumpur.\r\n\r\nThe A330 is configured for 290 passengers across Business, Premium Economy and Economy cabins. The Business cabin features lie-flat seats, while individual inflight entertainment screens are installed throughout the aircraft.\r\n\r\nThe addition increases euroAtlantic’s capacity for long-haul wet-lease and charter assignments. The airline said further fleet additions are expected in the coming months as part of its strategic growth plan.\r\n\r\neuroAtlantic currently provides ACMI capacity to LOT Polish Airlines, including service between New York and Warsaw, and to Azul on routes linking Lisbon with Campinas and Porto with Recife. It also operates services involving Madrid, government contracts and regular flights to São Tomé and Bissau.\r\n\r\nThe carrier is owned by investment manager Njord Partners. Jackson Square Aviation CEO Kevin McDonald said the A330's economics and operational flexibility make it suitable for euroAtlantic’s global ACMI and charter network.\r\n","title":"euroAtlantic Airways Adds A330-300 on Lease from Jackson Square Aviation","slug":"euroatlantic-airways-adds-a330-300-on-lease-from-jackson-square-aviation","date":"2026-09-02T08:12:00.000Z","company":{"image_url":"/uploads/companies/543/euroatlantic_airways.png","name":"euroAtlantic Airways","id":543},"formatted_date":"02SEP2026","thumb_url":null},{"id":57698,"article":"Jeju Air has invested KRW27 billion in loan bonds issued by affiliate Aekyung Asset Management, putting a portion of its liquidity to work following a sharp recovery in operating cash generation.\r\n\r\nThe investment equals about 14% of the KRW191.1 billion in cash and cash equivalents Jeju Air held at the end of the first half of 2026. The bonds reportedly carry a higher interest rate than conventional bank deposits, giving the airline an additional source of investment income while providing liquidity to another Aekyung Group company.\r\n\r\nThe transaction comes despite substantial capital spending by Jeju Air. The carrier invested KRW248.1 billion in aircraft purchases during the first half while recording only a KRW5 billion net increase in borrowings after accounting for new debt, repayments and lease obligations.\r\n\r\nThat spending was supported by a significant turnaround in internally generated cash. Jeju Air recorded KRW148.9 billion of net operating cash inflow during the first half of 2026, compared with a KRW125.6 billion outflow in the prior-year period. Its net increase in borrowings also fell sharply from KRW55.5 billion a year earlier.\r\n\r\nJeju Air has maintained cash holdings of around KRW200 billion since the end of 2023, providing liquidity for fleet investment while limiting its reliance on additional borrowing.\r\n\r\nThe KRW27 billion investment also provides fresh liquidity to Aekyung Asset Management as Aekyung Group pursues broader measures to strengthen its finances, including asset sales.\r\n","title":"Jeju Air Deploys KRW27 Billion into Affiliate Debt as Cash Generation Rebounds","slug":"jeju-air-deploys-krw27-billion-into-affiliate-debt-as-cash-generation-rebounds","date":"2026-09-01T05:39:00.000Z","company":{"image_url":"/uploads/companies/1329/jeju_air","name":"Jeju Air","id":1329},"formatted_date":"01SEP2026","thumb_url":"https://aviator.aero/uploads/press_release_images/4e76e4d8679ff17545c6dac81d1f6ea9.png"},{"id":57697,"article":"Global Knafaim Leasing has completed the transition of an Airbus A330-300 from Sunclass Airlines to a new European lessee, according to a filing by Knafaim Holdings. \r\n\r\nThe aircraft, manufactured in 2000, was returned by Sunclass Airlines on August 26, 2026, ending the existing lease. Global Knafaim Leasing simultaneously completed the follow-on lease transaction and delivered the aircraft to the new lessee.\r\n\r\nThe new customer is a European company that had not previously leased aircraft from Global Knafaim Leasing. The filing did not identify the lessee.\r\n\r\nGlobal Knafaim Leasing owns the aircraft's airframe, while a Rolls-Royce group company holds the rights to its engines. The parties jointly lease the aircraft and have updated their existing agreements to reflect the new lease while largely maintaining the commercial arrangements used under the Sunclass transaction.\r\n\r\nKnafaim Holdings owns a 40.11% interest in Global Knafaim Leasing. ","title":"Global Knafaim Leasing Completes A330-300 Transition to New Lessee","slug":"global-knafaim-leasing-completes-a330-300-transition-to-new-lessee","date":"2026-08-29T07:06:00.000Z","company":{"image_url":"/uploads/companies/2284/global_knafaim_leasing.jpeg","name":"Global Knafaim Leasing","id":2284},"formatted_date":"29AUG2026","thumb_url":null},{"id":57696,"article":"StarFlyer has approved a 10-year lease for one LEAP-1A26 spare engine from Engine Lease Finance Corporation (ELFC), with the lease scheduled to begin in December 2027.\r\n\r\nThe Japanese airline expects total lease payments of approximately ¥3.3 billion over the planned 10-year term.\r\n\r\nStarFlyer said the additional spare engine is needed to support planned engine maintenance associated with aircraft lease returns and engine component replacements, as well as unexpected maintenance events. The airline also cited tight global engine supply and difficulties obtaining replacement engines at short notice.\r\n\r\nThe company said securing the spare engine for at least the next 10 years will help maintain stable flight operations. StarFlyer opted to lease the engine to make more efficient use of its capital.\r\n\r\nELFC, based in Shannon, Ireland, is wholly owned by Mitsubishi HC Capital. StarFlyer already has an existing aircraft engine leasing relationship with the company.\r\n\r\nStarFlyer's board approved the transaction on August 27, with the lease agreement expected to be signed during August 2026. The airline said the transaction will not affect its financial results for the current fiscal year.\r\n","title":"StarFlyer to Lease LEAP-1A26 Spare Engine from Engine Lease Finance","slug":"starflyer-to-lease-leap-1a26-spare-engine-from-engine-lease-finance","date":"2026-08-27T08:19:00.000Z","company":{"image_url":"/uploads/companies/1334/starflyer","name":"StarFlyer","id":1334},"formatted_date":"27AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/ecce163a331f14e896627d16a94aecce.png"},{"id":57695,"article":"Werner Aero has acquired two Airbus A320-200 airframes during August, expanding its A320-family aircraft asset and teardown portfolio.\r\n\r\nThe company acquired MSN 3383, currently located at Ascent’s facility in Tucson, Arizona, as well as MSN 2964, located at ecube’s facility in St Athan, Wales.\r\n\r\nMSN 2964 will be dismantled for spare parts, with serviceable components and material recovered to support demand from airlines, lessors, MROs and other aviation customers. MSN 3383 will also join Werner Aero’s aircraft asset and teardown portfolio.\r\n\r\nThe acquisitions strengthen Werner Aero’s supply of A320-family components and aftermarket material amid continued global demand for parts supporting the type.\r\n\r\nTony Kondo, President and CEO of Werner Aero, said the additions strengthen the company’s ability to provide customers with quality components and responsive aftermarket support.\r\n","title":"Werner Aero Acquires Two Airbus A320-200 Airframes","slug":"werner-aero-acquires-two-airbus-a320-200-airframes","date":"2026-08-26T14:49:00.000Z","company":{"image_url":"/uploads/companies/1439/werner_aero_services","name":"Werner Aero","id":1439},"formatted_date":"26AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/3030c7982debed2882c8b8994eac0fcb.png"},{"id":57694,"article":"Willis Lease Finance Corporation (WLFC) has completed the acquisition of a portfolio comprising 12 commercial aircraft and 13 aircraft engines.\r\n\r\nThe transaction expands WLFC’s leasing portfolio and provides additional assets for deployment across its aircraft and engine leasing, asset management, technical and aftermarket businesses.\r\n\r\nCEO Austin C. Willis said the acquisition represents an opportunity to deploy capital into assets that complement the company’s existing business while supporting its strategy of disciplined growth and long-term value creation.\r\n\r\nMilbank served as legal counsel to WLFC, while PwC provided accounting, tax and financial due diligence services. The seller was advised by Vedder and KPMG Ireland.\r\n","title":"Willis Lease Finance Acquires 12 Aircraft and 13 Engines","slug":"willis-lease-finance-acquires-12-aircraft-and-13-engines","date":"2026-08-25T15:56:00.000Z","company":{"image_url":"/uploads/companies/594/willis_lease_finance","name":"Willis Lease Finance","id":594},"formatted_date":"25AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/70b12574965a8b358cf632c55c9dec68.png"},{"id":57693,"article":"NOEMI Aerospace has signed a memorandum of understanding with Indian seaplane operator SkyHop Aviation covering the potential introduction of up to 15 NOEMI amphibious aircraft.\r\n\r\nSkyHop plans to introduce up to 10 aircraft by FY2030 through purchases, leases or a combination of both, with options for five additional aircraft. The agreement remains subject to operational and commercial evaluations, regulatory approvals and definitive agreements.\r\n\r\nThe companies will evaluate the technical, operational, commercial and regulatory requirements for incorporating the aircraft into SkyHop’s fleet. They will also explore a broader strategic partnership, including the potential future manufacturing and assembly of electric and hybrid NOEMI aircraft in India.\r\n\r\nSkyHop is developing a dedicated Indian seaplane network, initially focused on connecting the Lakshadweep islands with each other and the mainland. The company is targeting a fleet of up to 40 aircraft by FY2030.\r\n\r\nThe agreement comes as India seeks to expand amphibious aviation through its UDAN regional connectivity program, which includes plans for approximately 150 new seaplane routes.\r\n\r\nFor NOEMI, the SkyHop agreement further expands its position in India and increases its announced global commercial pipeline to more than 90 aircraft across Europe, North America and Asia.\r\n\r\nNOEMI is developing a nine-passenger amphibious aircraft capable of operating from water and conventional runways. The initial aircraft is being developed with fully electric propulsion, while the platform can also accommodate hybrid-electric or conventional propulsion. Entry into service is targeted for 2030.\r\n","title":"NOEMI Aerospace Signs SkyHop Agreement for Up to 15 Aircraft in India","slug":"noemi-aerospace-signs-skyhop-agreement-for-up-to-15-aircraft-in-india","date":"2026-08-25T12:16:00.000Z","company":{"image_url":"/uploads/companies/5277/noemi_aerospace.png","name":"Noemi Aerospace","id":5277},"formatted_date":"25AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/3aed9978f5d261159ea4b0f082a11ddc.jpg"},{"id":57692,"article":"Saudia Group has signed a memorandum of understanding with the Saudi Export-Import Bank and Crédit Agricole Corporate and Investment Bank to develop financing solutions for the acquisition of new Airbus aircraft.\r\n\r\nUnder the proposed structure, Crédit Agricole CIB will act as financier and arranger, developing and arranging aircraft financing in line with Saudia Group’s delivery schedules. Saudi EXIM will support the transactions through credit risk insurance, subject to its credit and insurance requirements and agreement on final terms.\r\n\r\nThe structure is intended to combine international bank financing with Saudi export credit support, potentially broadening the pool of international lenders available to finance Saudia’s fleet expansion.\r\n\r\nSaudi EXIM’s participation is linked to the export of Saudi air transport services. As Saudia expands its fleet and international network, the additional capacity is expected to increase the Kingdom’s provision of air transport services to international markets.\r\n\r\nSaudia Group said the financing initiative will support its fleet growth and modernization program while diversifying its sources of capital and providing greater flexibility in funding future aircraft investments.\r\n\r\nThe parties also agreed to explore additional financing transactions associated with future aircraft orders and fleet development programs, potentially establishing a longer-term financing partnership.\r\n\r\nThe MoU was signed in Paris during a French-Saudi investment roundtable by Saudia Group Director General Ibrahim Al-Omar, Saudi EXIM CEO Saad Al-Khalb and Crédit Agricole CIB Aviation Group Managing Director André Zervudachi.\r\n","title":"Saudia Group Explores Financing for New Airbus Aircraft","slug":"saudia-group-explores-financing-for-new-airbus-aircraft","date":"2026-08-25T12:03:00.000Z","company":{"image_url":"/uploads/companies/1086/saudia___saudi_arabian_airlines","name":"Saudia - Saudi Arabian Airlines","id":1086},"formatted_date":"25AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/7d0b1d9b27c58667d15fcb7718dfcec0.jpeg"},{"id":57690,"article":"ASL Aviation Holdings has acquired two Boeing 747-400ERF freighters that were previously operated within the group under lease agreements, expanding its portfolio of owned long-haul cargo aircraft.\r\n\r\nThe aircraft, MSN 33516 (OE-IFB) and MSN 33945 (OE-IFD), are operated by ASL Airlines Belgium and are already established within the group’s long-haul freighter fleet.\r\n\r\nThe acquisition was completed on August 7, 2026, with ownership of both aircraft transferred to ASL Aviation Holdings. The two 747-400ERFs will continue supporting the group’s global air cargo operations.\r\n\r\nASL said the transaction reflects its continued investment in the long-haul freighter business and forms part of its broader fleet and asset strategy.\r\n\r\nThe acquisition also increases ASL’s owned aircraft portfolio as the group continues developing its international air cargo platform and positioning its fleet to meet the long-term requirements of its airline operations and customers.\r\n","title":"ASL Aviation Holdings Acquires Two Boeing 747-400ERF Freighters","slug":"asl-aviation-holdings-acquires-two-boeing-747-400erf-freighters","date":"2026-08-24T10:28:00.000Z","company":{"image_url":"/uploads/companies/842/asl_aviation_holdings.png","name":"ASL Aviation Holdings","id":842},"formatted_date":"24AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/7ef36fb4ff8a4f73f7c7939a11b5190b.jpg"},{"id":57689,"article":"Mammoth Freighters has delivered its first converted Boeing 777-200LRMF freighter to Jetran, marking a major milestone for the company’s 777 passenger-to-freighter conversion program.\r\n\r\nThe aircraft, MSN 32222 and registered N703DN, is the first of more than two dozen 777-200LRMF freighters ordered by Jetran. Thirteen of the aircraft are expected to enter revenue service within DHL’s global cargo network.\r\n\r\nThe delivery follows the aircraft’s public debut at the Farnborough International Airshow. Mammoth said additional aircraft from Jetran’s orderbook, including freighters destined for DHL and Qatar Airways, are scheduled for delivery in the coming weeks.\r\n\r\nMammoth CEO Bill Tarpley said the delivery demonstrates the momentum behind the company’s 777 conversion program as the first aircraft prepares to enter revenue service with DHL.\r\n\r\nJetran CEO Jordan Jaffe described the delivery as the culmination of several years of development and collaboration between Jetran, Mammoth and DHL.\r\n\r\nThe 777-200LRMF is based on the Boeing 777-200LR passenger aircraft and is designed as a long-range, high-capacity freighter. Mammoth is also developing the larger 777-300ERMF conversion, which is approaching certification.\r\n","title":"Mammoth Freighters Delivers First 777-200LRMF to Jetran","slug":"mammoth-freighters-delivers-first-777-200lrmf-to-jetran","date":"2026-08-21T14:29:00.000Z","company":{"image_url":"/uploads/companies/4812/mammoth_freighters","name":"Mammoth Freighters","id":4812},"formatted_date":"21AUG2026","thumb_url":null},{"id":57688,"article":"Icelandair Group has acquired a 49% stake in Fly Play Europe Holdco (FPE), gaining access to an additional European Air Operator Certificate as part of a strategy to increase operational flexibility and develop new international business opportunities.\r\n\r\nIcelandair will pay $686,000 for the stake in FPE, whose subsidiary Fly Play Europe Limited holds a Maltese AOC. The shares are being acquired from FPE hs., a fund managed by Isafold Capital Partners.\r\n\r\nThe transaction follows a letter of intent announced earlier this year and is intended to give Icelandair greater flexibility in structuring its operations. The airline said the additional European AOC could help simplify and streamline operations in Iceland, support international expansion and diversify revenue streams.\r\n\r\nIcelandair and FPE have also entered into a shareholders' agreement and financing arrangements, while Icelandair has secured options allowing it to increase its ownership stake at a later stage.\r\n\r\nCompletion remains subject to several conditions, including reaching an agreement with Maltese aviation authorities regarding the continued use of Fly Play Europe's AOC.\r\n\r\nIcelandair expects the transaction to have an immaterial impact on its 2026 financial performance and balance sheet but views the investment as a long-term strategic opportunity.\r\n\r\nCEO Bogi Nils Bogason said access to the Maltese AOC is intended to strengthen Icelandair's competitiveness and create additional opportunities while supporting the continued development of its Keflavik hub and aviation employment in Iceland.\r\n\r\nArma Advisory acted as financial adviser to Icelandair on the transaction.\r\n","title":"Icelandair Acquires 49% Stake in Maltese AOC Holder","slug":"icelandair-acquires-49-stake-in-maltese-aoc-holder","date":"2026-08-20T16:34:00.000Z","company":{"image_url":"/uploads/companies/614/icelandair","name":"Icelandair","id":614},"formatted_date":"20AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/ed282cfa4ebe3841caa1a81caa2a10ae.jpeg"},{"id":57687,"article":"volofin Capital Management has completed a $446 million aviation loan asset-backed securitization, marking the alternative aviation lender’s second aircraft loan ABS transaction.\r\n\r\nThe VFIN 2026-1 transaction issued approximately $446 million of notes, including about $25 million of residual interest notes retained by volofin. Proceeds were used to acquire lender interests in a portfolio of 23 aviation loan facilities originated by the company.\r\n\r\nMorningstar DBRS and KBRA both assigned AAA ratings to the Class A notes and AA ratings to the Class B notes. Morningstar DBRS also rated the Class C, D and E notes A, BBB (low) and BB (low), respectively.\r\n\r\nThe offering was oversubscribed and attracted participation from a broad group of institutional investors. The notes are secured by a portfolio of 66 senior-secured aviation loans backed by 174 assets across 43 credit counterparties and 23 jurisdictions.\r\n\r\nThe collateral comprises approximately 60% narrowbody aircraft, 17% widebodies, 14% turboprops, 3% regional jets and 6% aircraft engines and auxiliary power units. The assets were initially valued at approximately $570 million based on average half-life base values from BK Associates, IBA and mba Aviation.\r\n\r\nvolofin said it is one of only three commercial aviation alternative lending platforms to have received a AAA rating for the senior tranche of an aviation loan ABS. The company attributed the ratings to the quality and diversification of the loan portfolio, underlying counterparties and collateral, as well as its management team's industry experience.\r\n\r\nvolofin will serve as transaction servicer. BNP Paribas acted as sole lead bookrunner and, alongside volofin, as co-structuring agent, while Guggenheim Securities served as co-manager.\r\n","title":"volofin Completes $446 Million Aviation Loan ABS","slug":"volofin-completes-446-million-aviation-loan-abs","date":"2026-08-20T04:52:00.000Z","company":{"image_url":"/uploads/companies/4651/volofin","name":"volofin","id":4651},"formatted_date":"20AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/f11ac629b99fb7ccb8928844578c0086.png"},{"id":57686,"article":"Alliance Aviation Services has appointed aviation industry veteran Steven Greenway as Chief Executive Officer, succeeding Stewart Tully, who will step down after more than 11 years with the company. \r\n\r\nGreenway will take over on October 1, 2026, while Tully will remain with Alliance until October 29 to support the leadership transition. The change comes as Alliance enters its next phase following a revised wet lease agreement with Qantas and organizational changes announced earlier in August.\r\n\r\nGreenway brings more than 25 years of international aviation experience and most recently served as CEO of Saudia Group low-cost carrier flyadeal. His previous roles include Executive Vice President at WestJet and President of Swoop, Chief Commercial Officer at Scoot, CEO of reward-U and Partner at Mango Aviation Partners.\r\n\r\nAlliance said Greenway will lead the company as it sharpens its focus on its position as a specialist FIFO aviation provider. The company operates more than 70 aircraft across ACMI, contract and charter services, including wet lease operations for Qantas and Virgin Australia.\r\n\r\nTully led Alliance through a period of expansion and diversification, including investments in its fleet and engineering capabilities and the development of long-term customer relationships.\r\n\r\nGreenway will receive fixed annual remuneration of A$750,000, with a short-term incentive of up to 100% of fixed remuneration for exceptional performance. His long-term incentive package includes three million options. ","title":"Alliance Aviation Appoints Steven Greenway as CEO","slug":"alliance-aviation-appoints-steven-greenway-as-ceo","date":"2026-08-18T10:22:00.000Z","company":{"image_url":"/uploads/companies/2166/alliance_airlines","name":"Alliance Airlines","id":2166},"formatted_date":"18AUG2026","thumb_url":null},{"id":57685,"article":"airBaltic bondholders have approved amendments to the airline’s €380 million 14.50% bonds due in 2029, providing the Latvian carrier with additional financial flexibility as it works to secure interim financing and implement its revised business plan.\r\n\r\nAt a reconvened bondholder meeting on August 17, holders representing more than 25% of the outstanding principal were represented, with more than 75% of votes cast supporting each proposed resolution.\r\n\r\nThe amendments allow airBaltic to capitalize interest payments due on August 14 and November 14, 2026, adding the interest to the principal balance rather than paying it in cash. Bondholders also approved a temporary waiver of the minimum liquidity requirement through November 14 and temporarily suspended certain requirements related to the Bond Service Reserve Account.\r\n\r\nAdditional changes were approved to notice periods and quorum requirements for future bondholder meetings.\r\n\r\nThe measures are intended to conserve liquidity while airBaltic progresses discussions with stakeholders over interim financing. The financing itself was not voted on at the August 17 meeting, and its terms remain under development.\r\n\r\nairBaltic recently outlined a revised business plan focused on financial stability, including a smaller Airbus A220-300 fleet, a more concentrated network centered on Riga, increased aircraft utilization and a lower structural cost base.\r\n\r\nThe airline is seeking €225 million of interim financing as part of a broader proposed recapitalization. Its longer-term plan contemplates up to €225 million of new debt and €100 million of new equity, alongside the partial conversion of its existing 2029 bonds into equity and replacement of the remaining portion with reduced debt.\r\n\r\nairBaltic said operations and its flight schedule remain unaffected while the restructuring and financing discussions continue.","title":"airBaltic Bondholders Approve Amendments to Preserve Liquidity","slug":"airbaltic-bondholders-approve-amendments-to-preserve-liquidity","date":"2026-08-17T13:50:00.000Z","company":{"image_url":"/uploads/companies/460/airbaltic","name":"airBaltic","id":460},"formatted_date":"17AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/83b66c55d516d8b7c21a6354bb7a0791.jpg"},{"id":57684,"article":"Fly2Galicia plans to launch operations from Santiago de Compostela on December 1, 2026, with eight domestic and European routes and 17 weekly departures, including Alicante, Zaragoza, Granada, Brussels, Munich, Milan-Malpensa, Prague and Venice. \r\n\r\nFly2Galicia will initially operate under an ACMI arrangement rather than its own air operator certificate. A European airline, whose identity has not yet been disclosed, is expected to operate the flights using an Airbus A320 based at Santiago. The company had previously indicated that a Boeing 737-800 would be used.\r\n\r\nThe business behind Fly2Galicia, Aviation \u0026 Mobility Services Group S.L., was established in January 2026 and is registered as a travel agency. Ticket sales are expected to begin August 18, and the initial schedule is planned to operate through October 24, 2027.\r\n\r\nThe company is also considering adding a second aircraft for the summer 2027 season, which could support additional destinations.","title":"Fly2Galicia Plans December Launch with Eight Routes from Santiago","slug":"fly2galicia-plans-december-launch-with-eight-routes-from-santiago","date":"2026-08-17T09:04:00.000Z","company":{"image_url":"/uploads/companies/5422/fly2galicia.png","name":"Fly2Galicia","id":5422},"formatted_date":"17AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/284ff285f9b574e74a4637f2e3aefb99.jpeg"},{"id":57683,"article":"Peru’s competition authority Indecopi has approved Abra Group’s acquisition of control of SKY Airline, subject to modifications to certain contractual provisions.\r\n\r\nThe approval follows a second-phase review launched in March 2026 that examined the transaction’s potential impact on competition, particularly on the Lima-Miami and Cusco-Miami routes.\r\n\r\nIndecopi concluded that the combination would not significantly restrict competition on the routes. However, it identified concerns with non-compete and employee non-solicitation clauses that it determined were broader than necessary to complete the transaction.\r\n\r\nAs a condition of approval, the duration and scope of those provisions must be limited. Abra Group must demonstrate that the required changes have been incorporated into the final transaction documents.\r\n\r\nThe Peruvian clearance follows previous regulatory approvals in Chile and Brazil. Abra Group and SKY said they are now working to complete the remaining steps required to formalize and execute the transaction.\r\n\r\nAbra Group is the parent of Avianca, GOL and Wamos Air. The addition of SKY Airline would further expand the group’s presence across the Latin American aviation market.","title":"Peru Approves Abra Group Acquisition of SKY Airline with Conditions","slug":"peru-approves-abra-group-acquisition-of-sky-airline-with-conditions","date":"2026-08-15T06:54:00.000Z","company":{"image_url":"/uploads/companies/484/airbus","name":"Airbus","id":484},"formatted_date":"15AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/5c955fdd9856b806072eb3b803df36e7.jpg"},{"id":57682,"article":"AirAsia Group is advancing discussions with local and international financial institutions to secure up to US$1 billion in new funding as it strengthens liquidity following a challenging second quarter.\r\n\r\nThe airline group is also pursuing RM700 million in local financing facilities and plans a targeted bond issuance as part of its broader funding strategy.\r\n\r\nThe financing initiative comes as AirAsia restructures operations in response to higher fuel costs and weaker performance in several markets. The Group is returning 25 older aircraft during 2026 to reduce fixed lease costs, while securing future growth through new Airbus A220 and A321XLR deliveries beginning in 2028.\r\n\r\nAirAsia reported second-quarter revenue of RM5.1 billion and EBITDA of RM442.6 million. It recorded a net loss of RM830.5 million, including RM331 million of foreign exchange losses.\r\n\r\nThe Group said it is reducing capacity, suspending underperforming routes and deferring non-essential capital spending as it works to improve liquidity and stabilize its financial performance during the second half of 2026.\r\n","title":"AirAsia Group Seeks Up to $1 Billion in New Funding","slug":"airasia-group-seeks-up-to-1-billion-in-new-funding","date":"2026-08-14T12:22:00.000Z","company":{"image_url":"/uploads/companies/583/airasia_group.jpg","name":"AirAsia Group","id":583},"formatted_date":"14AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/83074d142a532cefb0dab545d143c655.webp"},{"id":57681,"article":"Avolon has agreed a sale-and-leaseback transaction with Akasa Air covering up to seven Boeing 737-8200 aircraft, expanding the lessor’s relationship with the Indian carrier.\r\n\r\nThe aircraft will support Akasa’s continued fleet expansion and network development as the airline grows its operations in the Indian market.\r\n\r\nThe agreement represents the third transaction between Avolon and Akasa Air. Their relationship dates back to the airline’s launch.\r\n\r\n“We are pleased to further strengthen our partnership with Avolon through this third transaction, adding seven Boeing 737-8200 aircraft to our fleet,” said Priya Mehra, Chief of Governance and Strategic Acquisitions at Akasa Air.\r\n\r\nAvolon said India remains one of the most attractive aviation growth markets, supported by expanding demand for air travel and strong economic fundamentals.\r\n","title":"Avolon Agrees Sale-Leaseback for Seven Boeing 737-8200s with Akasa Air","slug":"avolon-agrees-sale-leaseback-for-seven-boeing-737-8200s-with-akasa-air","date":"2026-08-14T09:31:00.000Z","company":{"image_url":"/uploads/companies/689/avolon","name":"Avolon","id":689},"formatted_date":"14AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/23a2f653c3a17bddab74d8fdfe1a61c5.jpg"},{"id":57680,"article":"GOL Linhas Aéreas has appointed André Fehlauer as its new Chief Executive Officer and expanded the role of current Chief Operating Officer Albert Perez, who will become President and COO.\r\n\r\nFehlauer will join GOL in September 2026, succeeding Celso Ferrer, who will step down as CEO on August 31 to pursue a new professional opportunity.\r\n\r\nFehlauer previously spent eight years with GOL as CEO of Smiles in Argentina and Brazil. He most recently served as CEO of Brazilian loyalty program Livelo and has also held positions at Citi and Credicard.\r\n\r\nPerez joined GOL in early 2024 following more than two decades in aviation, including leadership positions at Avianca, JetSMART and Vueling. As President and COO, he will assume additional responsibilities while continuing to oversee the airline’s operations.\r\n\r\nFerrer has served as GOL’s CEO since 2022 and spent more than 20 years with the airline. During his tenure as CEO, he led GOL through its financial and operational restructuring and integration with Abra Group.\r\n\r\nAbra Group said the new leadership structure will support GOL’s next phase of growth and value creation while maintaining strategic continuity across the group.\r\n","title":"GOL Appoints André Fehlauer as CEO and Albert Perez as President and COO","slug":"gol-appoints-andr-fehlauer-as-ceo-and-albert-perez-as-president-and-coo","date":"2026-08-13T13:56:00.000Z","company":{"image_url":"/uploads/companies/153/gol_linhas_aereas","name":"GOL Linhas Aereas","id":153},"formatted_date":"13AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/c71ba36354ad88c0c9c77ea167d7681c.png"},{"id":57679,"article":"TrueNoord has delivered an Embraer E195LR to Air Montenegro under a five-year operating lease, supporting the flag carrier’s continued fleet and network expansion.\r\n\r\nThe aircraft, MSN 19000471, was delivered in late July and has entered service on intra-European routes from Air Montenegro’s base in Podgorica.\r\n\r\n“The addition of this Embraer E195LR gives us the right capacity and route options to strengthen our network and continue providing important connectivity for Montenegro,” said Vukadin Stojanovic, CEO of Air Montenegro.\r\n\r\nTrueNoord said the E195LR’s capacity, efficiency and flexibility make it well suited to Air Montenegro’s short- and medium-haul regional network, including opening new routes and increasing frequencies.\r\n\r\nThe transaction expands TrueNoord’s relationship with Air Montenegro as the airline continues to increase capacity in response to regional demand.\r\n","title":"TrueNoord Leases Embraer E195LR to Air Montenegro","slug":"truenoord-leases-embraer-e195lr-to-air-montenegro","date":"2026-08-13T09:21:00.000Z","company":{"image_url":"/uploads/companies/4410/truenoord","name":"TrueNoord","id":4410},"formatted_date":"13AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/257fab158e0756226448f0c51108cefa.jpg"},{"id":57678,"article":"EVA Air has approved the purchase of five LEAP-1A30S spare engines from CFM International for a total price of up to US$131 million.\r\n\r\nThe airline’s board approved the transaction on August 13, 2026, with the purchase intended to support EVA Air’s operational requirements.\r\n\r\nThe engines will provide additional spare capacity for EVA Air’s LEAP-1A-powered fleet.\r\n\r\nThe transaction was negotiated based on market pricing, and CFM International is not a related party to EVA Air.\r\n","title":"EVA Air to Purchase Five LEAP-1A Spare Engines for Up to $131 Million","slug":"eva-air-to-purchase-five-leap-1a-spare-engines-for-up-to-131-million","date":"2026-08-13T08:32:00.000Z","company":{"image_url":"/uploads/companies/417/eva_air","name":"EVA Air","id":417},"formatted_date":"13AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/416686d6ca4bd2b354d2852f00d62947.webp"},{"id":57677,"article":"ASL Aviation Holdings will add four aircraft to the ASL Airlines Australia fleet as it expands its operations across Australia and New Zealand.\r\n\r\nThe expansion builds on the carrier’s Boeing 737-800BCF operations and its recent launch of services at Western Sydney International Airport. The additional aircraft will strengthen ASL’s existing freighter network and provide further capacity for regional growth.\r\n\r\nThe aircraft have already been identified, with some transferring from ASL’s existing European fleet to the Australian AOC. The first aircraft is expected to arrive in Australia within the next few weeks, with the full transfer program progressing over the coming months.\r\n\r\nASL Airlines Australia said preparations are already underway to integrate the additional aircraft into its operation.\r\n\r\nThe fleet expansion represents the latest step in ASL Group’s strategy to increase its presence and capabilities across the Australian and New Zealand markets.\r\n","title":"ASL Airlines Australia to Add Four Aircraft as Regional Expansion Continues","slug":"asl-airlines-australia-to-add-four-aircraft-as-regional-expansion-continues","date":"2026-08-13T08:06:00.000Z","company":{"image_url":"/uploads/companies/842/asl_aviation_holdings.png","name":"ASL Aviation Holdings","id":842},"formatted_date":"13AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/f41b406b607889d2087788bf9199637f.jpeg"},{"id":57676,"article":"Southwest Airlines has entered into a new $2 billion five-year revolving credit facility, replacing its previous revolving facility that was scheduled to expire in August 2028.\r\n\r\nThe new facility matures on August 10, 2031 and includes an uncommitted accordion feature that could increase total commitments to $3 billion, subject to securing additional lender commitments. Southwest may also request up to two one-year maturity extensions.\r\n\r\nJPMorgan Chase Bank and Citibank serve as co-administrative agents, with JPMorgan also acting as paying agent.\r\n\r\nThe facility is supported by a pool of lien-free aircraft and related assets with an aggregate appraised value required to equal at least 1.25 times the total facility commitment. It also includes a financial covenant requiring Southwest to maintain a coverage ratio of 1.25x, subject to a one-time option to reduce the requirement to 0.80x for two consecutive fiscal quarters.\r\n\r\nSouthwest had no borrowings outstanding under the facility at the time of the agreement. The commitments can also be used to issue letters of credit.\r\n","title":"Southwest Airlines Establishes New $2 Billion Revolving Credit Facility","slug":"southwest-airlines-establishes-new-2-billion-revolving-credit-facility","date":"2026-08-13T04:49:00.000Z","company":{"image_url":"/uploads/companies/97/southwest_airlines","name":"Southwest Airlines","id":97},"formatted_date":"13AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/298498978bc1df8b85da29166a68b7c4.jpg"},{"id":57675,"article":"GOL has secured a financing facility of up to US$160 million to fund eligible engine maintenance performed by GE Celma.\r\n\r\nThe Maintenance, Repair and Overhaul financing facility is supported by a guarantee structure provided by the Brazilian Agency for Management of Guarantee Funds and Guarantees (ABGF), which supports financing associated with Brazilian exports and services.\r\n\r\nThe facility allows multiple drawdowns under a master financing program, with proceeds used directly for eligible GE Celma engine shop visits and related ABGF guarantee costs. Each drawdown will have a 36-month tenor with quarterly debt service payments.\r\n\r\nGOL said the financing provides a dedicated source of long-term funding for engine maintenance while supporting fleet reliability, liquidity and financial flexibility.\r\n\r\nThe transaction also diversifies GOL’s funding sources and reinforces its relationships with Citibank, GE Aerospace and ABGF.\r\n","title":"GOL Secures $160 Million Government-Backed Engine Maintenance Financing","slug":"gol-secures-160-million-government-backed-engine-maintenance-financing","date":"2026-08-13T04:40:00.000Z","company":{"image_url":"/uploads/companies/153/gol_linhas_aereas","name":"GOL Linhas Aereas","id":153},"formatted_date":"13AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/4af314593163b554bf097cd4ce5743fa.png"},{"id":57674,"article":"The Cape Verde government has approved a US$5.25 million sovereign guarantee for TACV – Transportes Aéreos de Cabo Verde covering obligations related to the operating lease of a Boeing 737-8.\r\n\r\nThe aircraft is leased from Altitude II Aircraft Seven DAC and has been operating with TACV since July 2023, supporting services from Cape Verde to Lisbon, Paris, Providence and Recife.\r\n\r\nThe government said the guarantee is necessary to maintain the existing operation, warning that failure to provide it within the contractual deadline could disrupt TACV’s operations and international connectivity.\r\n\r\nThe guarantee totals US$5,250,780 and will cover a 12-month period from July 14, 2026 through July 13, 2027.\r\n\r\nThe measure was approved by Cape Verde’s Council of Ministers on June 17, 2026 and published under Resolution No. 94/2026.\r\n","title":"Cape Verde Approves US$5.3 Million Guarantee for TACV 737-8 Lease","slug":"cape-verde-approves-us5-3-million-guarantee-for-tacv-737-8-lease","date":"2026-08-13T04:36:00.000Z","company":{"image_url":"/uploads/companies/665/cabo_verde_airlines___tacv","name":"Cabo Verde Airlines / TACV","id":665},"formatted_date":"13AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/e7f8b51971b8228ab4bf6abba1dae21b.jpeg"},{"id":57673,"article":"NOEMI Aerospace has signed a Memorandum of Understanding with Philippine seaplane operator Horizon Sun Charters for three NOEMI amphibious aircraft, with options for two additional aircraft.\r\n\r\nThe agreement marks NOEMI’s entry into the Philippines and expands its commercial presence in Southeast Asia. Horizon Sun Charters provides private seaplane services in Palawan, including connections to El Nido, Coron and other coastal and island destinations.\r\n\r\nUnder the agreement, the companies will evaluate the technical, financial and regulatory requirements for introducing the aircraft in the Philippines, along with potential routes and operational integration.\r\n\r\n“The geography of the Philippines makes a very strong case for seaplanes,” said Eric Lithun, Founder and CEO of NOEMI Aerospace. “This agreement strengthens our position in Southeast Asia and provides further confirmation of the commercial potential for electric amphibious aviation in the region.”\r\n\r\nNOEMI is developing a nine-passenger amphibious aircraft capable of operating from both water and conventional runways. The initial aircraft is planned as fully electric, while the platform can also accommodate hybrid-electric or conventional propulsion.\r\n\r\nEntry into service is targeted for 2030.\r\n","title":"NOEMI Aerospace Signs Agreement for Up to Five Electric Seaplanes in Philippines","slug":"noemi-aerospace-signs-agreement-for-up-to-five-electric-seaplanes-in-philippines","date":"2026-08-12T15:08:00.000Z","company":{"image_url":"/uploads/companies/5277/noemi_aerospace.png","name":"Noemi Aerospace","id":5277},"formatted_date":"12AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/0e694f4e340447de52b3657599a2c91b.jpg"},{"id":57672,"article":"HALO AirFinance has priced its first aviation loan asset-backed securitization, raising $390.2 million in a transaction that was more than four times oversubscribed.\r\n\r\nHALO, a joint venture between GA Telesis and Tokyo Century, issued four classes of fixed-rate secured notes rated by KBRA. The offering includes $295.4 million of AA-rated Class A notes, $35.7 million of A-rated Class B notes, $28.6 million of BBB-rated Class C notes and $30.5 million of BB- rated Class D notes.\r\n\r\nProceeds will fund the acquisition of a portfolio of 33 loans with an aggregate remaining balance of approximately $427.2 million and a weighted average remaining term of 3.6 years.\r\n\r\nThe loans are secured by 14 narrowbody aircraft, two widebody aircraft, two freighters and 15 engines operated by 21 customers across 14 jurisdictions. Excluding engines, the underlying aircraft have a weighted average age of approximately 15.6 years.\r\n\r\nHALO said the transaction was more than four times oversubscribed at pricing on August 6 and achieved the tightest spread for the AA-rated senior tranche of an inaugural aviation loan ABS issuer.\r\n\r\n“This successful issuance establishes a scalable capital markets execution platform and strengthens our ability to serve airlines, lessors, and investors worldwide,” said Marc Cho, Co-Head and Managing Director of HALO.\r\n\r\nCiti served as sole structuring agent and lead bookrunner, with Mizuho and Citizens as joint bookrunners.\r\n","title":"HALO AirFinance Prices $390 Million Inaugural Aviation Loan ABS","slug":"halo-airfinance-prices-390-million-inaugural-aviation-loan-abs","date":"2026-08-12T14:27:00.000Z","company":{"image_url":"/uploads/companies/5003/halo_airfinance","name":"HALO AirFinance","id":5003},"formatted_date":"12AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/fabb4d798ba0a47b5de71a5d68d2b5ba.jpeg"},{"id":57671,"article":"Standard Chartered has completed approximately US$390 million in financing for nine new aircraft for United Airlines, supporting the carrier’s ongoing fleet modernization and fuel-efficiency strategy.\r\n\r\nThe financing covers four Airbus A321neo and five Boeing 737-8 aircraft. Standard Chartered acted as Lead Arranger and Initial Lender for the transaction.\r\n\r\nThe financing supports United’s continued investment in next-generation narrowbody aircraft as the airline expands and optimizes its fleet.\r\n\r\n“As fleet investment requirements continue to grow, airlines increasingly value financing partners that can act in a timely manner and deliver financing solutions at scale,” said Abhishek Pandey, Global Head of Transportation Finance at Standard Chartered.\r\n\r\nStandard Chartered said the transaction builds on its existing relationship with United Airlines and reflects the continued expansion of its aviation finance business.\r\n","title":"Standard Chartered Finances Nine New Aircraft for United Airlines","slug":"standard-chartered-finances-nine-new-aircraft-for-united-airlines","date":"2026-08-12T10:48:00.000Z","company":{"image_url":"/uploads/companies/885/standard_chartered_bank","name":"Standard Chartered Bank","id":885},"formatted_date":"12AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/97ad18cee08f5beed7e8a4ada3d27a6a.png"},{"id":57670,"article":"World Star Aviation has delivered a Boeing 737-400SF on lease to Colombian cargo carrier Aerosucre, marking the first aircraft placement between the two companies.\r\n\r\nThe aircraft, MSN 25111, will support Aerosucre’s ongoing fleet renewal program and cargo operations across Colombia and Latin America.\r\n\r\n“For Aerosucre, the arrival of MSN 25111 represents another important step in our fleet renewal process as we continue to strengthen our competitiveness in the air cargo market across Colombia and Latin America,” said César Montenegro, Member of the Board of Directors at Aerosucre.\r\n\r\nAerosucre has operated cargo services for more than five decades, serving domestic and international markets across Latin America.\r\n\r\nWorld Star Aviation said the transaction establishes a new relationship with Aerosucre, with the companies also exploring future opportunities involving aircraft and engines.\r\n","title":"World Star Aviation Delivers Boeing 737-400SF to Aerosucre","slug":"world-star-aviation-delivers-boeing-737-400sf-to-aerosucre","date":"2026-08-11T18:51:00.000Z","company":{"image_url":"/uploads/companies/787/world_star_aviation","name":"World Star Aviation","id":787},"formatted_date":"11AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/d55cd68d43fa2b0bfcb3a5bc4541af3d.webp"},{"id":57669,"article":"airBaltic has outlined a revised business plan focused on strengthening its balance sheet, reducing its Airbus A220-300 fleet and improving profitability, while maintaining Riga as its primary hub.\r\n\r\nThe Latvian carrier expects to operate approximately 36 A220-300s by the end of 2026, down from 54 currently, before gradually increasing the fleet to around 40 aircraft by 2031. The airline had previously planned to expand toward a 100-aircraft fleet.\r\n\r\nDespite the reduction, airBaltic expects scheduled capacity to remain broadly stable over the longer term through higher aircraft utilisation, a more demand-driven network and expanded year-round ACMI partnerships.\r\n\r\nThe airline is targeting approximately EUR 45 million in recurring annual benefits from cost reductions and revenue initiatives. Revenue is projected to increase from EUR 779 million in 2025 to approximately EUR 800 million in 2027 and EUR 1 billion by 2031, while EBITDAR is expected to reach approximately EUR 300 million in 2031.\r\n\r\nAs part of the plan, airBaltic is seeking EUR 225 million in interim financing to address near-term liquidity requirements. A longer-term recapitalisation would include up to EUR 225 million of new debt and EUR 100 million of new equity.\r\n\r\nThe restructuring also proposes converting a portion of airBaltic's 2029 Senior Secured Notes into equity, with the remaining portion replaced by up to EUR 125 million of reduced debt. The financing and recapitalisation remain subject to bondholder resolutions and other approvals.\r\n\r\nNet leverage is projected to decline from 8.94x in 2025 to approximately 4.8x following the proposed recapitalisation at the end of 2026 and to 1.6x by 2031.\r\n\r\nairBaltic said the revised strategy reflects weaker demand and revenue growth, geopolitical uncertainty and continuing Pratt \u0026 Whitney engine availability constraints.\r\n\r\nThe airline continues to operate its normal flight schedule, with existing tickets, bookings and passenger services unaffected by the restructuring plan.\r\n","title":"airBaltic Unveils Restructuring Plan, Targets Smaller Fleet and EUR 325 Million Recapitalisation","slug":"airbaltic-unveils-restructuring-plan-targets-smaller-fleet-and-eur-325-million-recapitalisation","date":"2026-08-11T12:19:00.000Z","company":{"image_url":"/uploads/companies/460/airbaltic","name":"airBaltic","id":460},"formatted_date":"11AUG2026","thumb_url":"https://aviator.aero/uploads/press_release_images/11276787e31c7f96d05e3c56a1a1fbdf.jpg"}],"meta":{"total_count":56213,"current_page":1,"total_pages":1125}}