AeroTime
• Miquel Ros
Air India plans to add more than 100 aircraft across its group in 2027 and 2028 as it pursues a fleet overhaul despite ongoing challenges. Meanwhile, Akasa Air has agreed to a sale-and-leaseback for up to seven Boeing 737-8-200s with Avolon to support further growth.
Aircraft Finance & Leasing
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Norse Atlantic is discussing leases for Boeing 787 Dreamliners with two Asian airlines, according to people familiar with the matter, as the long-haul low-cost carrier faces constrained cash reserves and higher fuel costs. The move could provide liquidity while reducing exposure to its widebody fleet.
Brazilian airline GOL has secured a $160 million loan to fund maintenance, repair and overhaul activities. The financing provides dedicated capital for the carrier’s MRO requirements.
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Air India plans to add more than 100 aircraft across its group in 2027 and 2028 as it pursues a fleet overhaul despite ongoing challenges. Meanwhile, Akasa Air has agreed to a sale-and-leaseback for up to seven Boeing 737-8-200s with Avolon to support further growth.
Air Canada will use a $1.8 billion investment to repay outstanding bonds, directing fresh capital toward balance-sheet obligations rather than fleet or network expansion. The available report does not identify the investor, timing, bond maturities or other terms of the transaction.
The Department of Homeland Security used a no-bid contract to acquire 10 used aircraft, citing an urgent need for deportation flights. The fleet has reportedly remained largely parked for months, raising questions about procurement urgency, utilization and stewardship of public funds.
Japan’s Skymark Airlines has refinanced loans totaling $160 million, marking a significant balance-sheet financing transaction for the carrier. The deal highlights the importance of continued access to financing for airline operators managing fleet, liquidity and broader business requirements.
Marshall Group says it is pursuing a comprehensive sales process for Marshall Aerospace, its final remaining division and a UK-based military maintenance, repair and overhaul provider. The family-owned company aims to identify a buyer and complete the divestment by the end of this year.
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Air Canada is selling a 25% minority stake in its Aeroplan loyalty program to funds managed by Blackstone, La Caisse de dépôt et placement du Québec and other Canadian institutions for C$2.5 billion, valuing the program at about C$10 billion. Air Canada will retain operational and strategic control, using proceeds for debt repayment and share buybacks.
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