Spirit AeroSystems Sells Fiber Materials Inc. for $165M
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Standard Chartered sells Pembroke to AviLease
Investment bank Standard Chartered Group will sell its aviation finance leasing business Pembroke to Saudi Arabian lessor AviLease. The acquisition, which is expected to close by the end of the year, includes 120 owned and managed aircraft that are leased to…
CALC sells entire Boeing MAX portfolio to DAE
Lessor Dubai Aerospace Enterprise (DAE) is acquiring 64 Boeing MAX aircraft from fellow lessor China Aircraft Leasing Corporation (CALC) holdings. The aircraft are all in CALC’s unfilled orders backlog with Boeing, with deliveries scheduled through 2026. The portfolio includes 66 MAX 8, -9,…
German state sells final stake in Lufthansa
UPDATE – The German state has sold the last 6.2 percent of its share in Lufthansa Group, one year earlier than it was prescribed to do so. This means that the airline is now fully private again and no longer…
Embraer sells Portuguese aerostructure units to Aernnova
Embraer has sold its two Portuguese aerostructure units to Aernnova in Spain for $172 million. At the same time, the two companies have signed a long-term supply agreement to safeguard the supplies of assemblies to Embraer, they announced on January…