Airfinance Journal - News, Analysis & Deals in Aviation Finance

Latest News

SMBC AC places 737

Tui adds ex-Norwegian 737

Brazil carriers face heavy debt burdens

Higher leverage and negative free cash flow headwinds ahead for 2024

Norse Atlantic signs 15% unsecured facility

Airline is also in advanced discussions with potential strategic investors

Play concludes share capital increase

Raises $33m

Exclusive: Sky plans portfolio sell-off

Plans further growth this year

Exclusive: Bankers advise Aquila Air

Exploring options including sale of the portfolio

Wizz Air takes Boeing capacity

Signs one-year ACMI deal for Boeing aircraft

Amelia takes first A320

Amelia also operates one A319 leased from Aercap, AFJ Fleet tracker data shows

CCB Leasing agrees eastern Europe A321neo SLB

Follow similar deals in Mexico

Latest Deals

Latest Analysis

Secured facility will fund 2024 growth: SES 

Airfinance Journal talks to Shannon Engine Support about its inaugural secured RCF and investments in the first half. Last November the lessor closed the largest engine portfolio financing with eight banks. Chief commercial officer Tadhg Dillon points to acceleration and growth of the business over the past three years as the driver behind the engine portfolio facility

How Long Can an Airline Run on Empty?

The holy grail of risk metrics for many financiers is a credit’s leverage ratio: its total liabilities or total debt divided by tangible net worth. This is a simple and uncontroversial metric. However, it is not applicable in all circumstances. The problem is that airlines are no strangers to negative equity.

Aviation Investment Bankers 2024 Bonus Roadmap - Surfin' ...

A total of 7 lessors have now published their results for their financial years ended 31 December 2023. In aggregate they have reported total debt repayment obligations in 2024 of $19.4bn and capital expenditure commitments of $23.4bn

The $1.3 Trillion Airline "Cap Stack"

At $1.3 trillion we might not be as large as real-estate, autos, chemicals or telecoms but we are certainly deserving of attention from investors, bankers, lessors, consultants and global service firms alike.