BETA AVIATION PVT. LIMITED

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....

Aviation International News | January 22, 2020

Precision Aviation Group (PAG), an MRO provider and aircraft and helicopter supplier to the civil and defense markets, announced today its acquisition of Toronto-based World Aviation Corporation (WAC). The move expands Atlanta-based PAG’s MRO capabilities in electric motor subcomponent repairs. “Our investment in WAC…will vastly increase the number of capabilities we have to reduce the costs associated with providing MRO services to our customer base,” said PAG president...

BUSINESS AVIATION

KKR, AV AirFinance | June 14, 2021

KKR, a global investment firm, announced AV AirFinance Limited, a global commercial aviation loan servicer founded by a team of seasoned industry professionals in collaboration with KKR. The new secured loan servicing platform includes stable, long-term capital with decades of experience structuring commercial aircraft loan transactions to provide unique and innovative financing options to commercial aviation clients worldwide. KKR and AV AirFinance have agreed to buy a nearly $80...

Pinal Airpark | April 26, 2020

Hundreds of airliners idled by the coronavirus pandemic’s impact on the travel industry and other circumstances crowd a southern Arizona airfield where workers are trying to make room for even more aircraft that may not take to the skies again soon. Pinal Airpark just off Interstate 10 between Casa Grande and Tucson, as of last week was providing storage space for approximately 270 aircraft, and manager Jim Petty said most of them were there because of the pandemic. About 250 miles ...