Wheels Up, the private jet membership and charter operator, has acquired a fleet of 17 Embraer Phenom 300 aircraft from Grand View Aviation. The company, which reported its third quarter results last month, dramatically restructured its memberships, eliminated the aircraft…
Avolon, a leading global aviation finance company, announces an agreement to acquire Castlelake Aviation Limited (‘CA Ltd’), an entity managed by Castlelake L.P., the global alternative investment manager. CA Ltd.’s total assets as of 31 March 2024 were $5.0 billion,…
PR: The investment will further cement Qatar Airways’ position as a key driver in realising economic and business potential on the African continent 20 August 2024 Qatar Airways Group has acquired a 25% stake in Southern Africa’s premier independent regional…
PR: Metrea announced that it has completed the acquisition of the French Air and Space Forces (FASF) KC-135 aerial refueling fleet. In an agreement signed on 17 May 2024, Metrea has agreed to acquire all fourteen of the FASF KC-135…
In an interesting transaction between lessors, Saudi Arabia’s AviLease is acquiring thirteen new-generation aircraft from Avolon. While the acquisition of aircraft by one lessor from another is not unusual, that is mostly for used ones. This deal is for new…