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Spirit Airlines | April 21, 2022
Spirit Airlines today announced a commitment to deepen its roots in Houston with the addition of an aircraft maintenance facility at George Bush Intercontinental Airport (IAH). The facility, located along John F. Kennedy Boulevard, will serve as a large aircraft maintenance hangar with offices and warehousing for the Spirit Technical Operations team when it begins its first phase of operations. The maintenance complex includes two aircraft bays and ramp space for up to four aircra...
Alaska Airlines | July 06, 2020
Alaska Airlines has raised over $1.1 billion through the issuance of Equipment Notes secured by 61 aircraft. The airline will use the money for general corporate purposes to help it weather the current crisis. This comes as the airline charts a path forward to remain competitive and preserve liquidity....
Business Aviation
Vertical Aerospace | February 19, 2022
Vertical Aerospace (Vertical) [NYSE: EVTL] notes Avolon’s announcement today that it will partner with AirAsia Aviation Group Ltd (AirAsia), Asia’s leading low-cost airline, to create a transformational ride sharing platform in Southeast Asia, including a non-binding memorandum of understanding to lease a minimum of 100 VX4s, Vertical’s flagship electric aircraft. As announced in June 2021, Avolon, the world’s second largest aircraft lessor, pre-ordered 500...
LCI | October 11, 2021
LCI, a leading aviation leasing company, today announced that its parent company, the Libra Group, has acquired the remaining minority interest in LCI Helicopters held by global investment firm KKR. We would like to thank the KKR team for their exemplary support these last seven years, helping LCI grow across sectors including offshore wind power and search and rescue. We are equally delighted that Libra Group has returned to full ownership. It has always been a valu...
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