Avolon Liveried A321neo
Aviation engineering news

Avolon raises $750 million from new credit facility

Dublin, Ireland-based leasing specialist Avolon has raised $750 million from a new credit facility with a syndicate of seven banks. Avolon which specialises in next-generation airliner leasing such as the A320neo family will extend the lessor’s lending capacity providing more opportunities in the airline sector. The latest credit line, which [read more]

Airbus A321XLR Complete
Aviation engineering news

Airbus delivers 53 aircraft in May 2024

European aerospace giant Airbus delivered 53 aircraft to 34 customers in May 2024 maintaining its strong delivery record for the year. Wide-body deliveries included four Airbus A350s (3x -900 1x -1000) to customers including Turkish Airlines, Lufthansa, Virgin Atlantic and Air France. Two A330-900s were also delivered to ITA Airways [read more]

Groundfoce Portugal Menzies
Airport News

Menzies Aviation increases Portuguese market share with acquisition

Edinburgh headquartered Menzies Aviation has completed the acquisition of a 50.1% stake in Portuguese ground handling agent, Groundforce Portugal. Groundforce Portugal handles around 100,000 aircraft turnarounds every year across five airports and its acquisition goes Menzies Aviation a 65% share in Portuguese market. Airports include Lisbon, Porto and Faro on [read more]