Global Jet Capital closes $617M ABS offeringnews Fayaz Hussain 17 Sep 24 0Business aircraft financial solutions provider Global Jet Capital announced the closing of its BJETS 2024-2 securitisation, raising approximately $617m. “We are pleased with the success… Read more
JA Mitsui Leasing Capital Corporation (JMCC) open for business jetsnews Alasdair Whyte 4 Sep 24 0JA Mitsui Leasing Capital Corporation (JMCC), one of Japan’s 10 largest leasing companies, has started offering business jet finance in the US. The Japanese financier… Read more
Bombardier redeems $788m in senior notesnews Fayaz Hussain 21 Jun 24 0Canadian aerospace manufacturer Bombardier announced that it has successfully completed the redemption of a portion of its outstanding senior notes. The company repurchased a total… Read more
Bombardier to redeem senior notesnews Fayaz Hussain 7 Nov 23 0Bombardier announced a series of financial transactions including a tender offer of $110m , redeeming all of its outstanding 7.5% senior notes due in 2025… Read more
Corporate aircraft leasing firm Jet Bank secures $250m initial equity raisenews CJI Expert 29 Jun 23 0Jet Bank, a new corporate aircraft leasing firm, has secured $250m in its initial equity raise. The investment now allows the firm to acquire aircraft… Read more
Piaggio Aerospace Expression of Interest deadline extended until 19 June 2023news Terry Spruce 14 Jun 23 0Piaggio Aero Industries and Piaggio Aviation Extraordinary Commissioners Carmelo Cosentino, Vincenzo Nicastro and Gianpaolo Davide Rossetti have announced they extended till 19th June, 6 pm… Read more
Jet Support Services Inc buys Shearwater Global Capital – Miller time at JSSIopinion Alasdair Whyte 26 May 23 0Jet Support Services Inc (JSSI) has acquired Shearwater Global Capital, the specialist aircraft financier. Chris Miller, Shearwater’s founder and the rest of the team will… Read more
Bombardier closes $750m offeringnews CJI Expert 23 Jan 23 0Bombardier has closed an offering of $750m senior notes due February 1st 2029. Read more
Hyperion Aviation launches financing for aircraft leasingnews CJI Expert 12 Dec 22 0Hyperion Aviation has launched a new financing platform, Hyperion Aero Capital, to provide funds for long-term leased business jets and cargo aircraft. Read more
Vista acquires online broker Cambernews CJI Expert 8 Dec 22 0Vista Global has acquired online charter broker Camber, according to the broker’s website. Camber, which was named SimpleCharters until its rebrand at the end… Read more
Embraer bizav revenues rise as deliveries stay strongnews CJI Expert 14 Nov 22 0Embraer’s Executive Jets Division has posted an increase in revenue to $271.7m in the third quarter (Q3) of 2022, up by 6% compared with Q3… Read more
Wheels Up’s sales rise and losses grow, as president role cutnews CJI Expert 14 Nov 22 0Wheels Up grew its membership in the first nine months of the year but made a loss of $86.8m. It has also scrapped the role… Read more
CJI Miami 2022: Is the heat wave cooling?opinion CJI Expert 7 Nov 22 0Outside the Fontainebleau conference centre, the Florida heat beat down on nearly 500 delegates at this year’s CJI Miami conference. Read more
Vista US sales almost triple in 2022news CJI Expert 21 Oct 22 0Vista sales have almost tripled in the US in the first nine months of 2022 from the same period last year. Read more
Wheels Up raises $260m for investmentnews CJI Expert 20 Oct 22 0Wheels Up has raised $259m through mortgaging its owned aircraft, the proceeds of which will be used to add “financial flexibility” to the business. Read more
Surf Air agrees $450m aircraft financing facility with Jetstream Aviation Capitalnews Yves Le Marquand 13 Oct 22 0Jetstream Aviation Capital has agreed to finance up to $450m for Surf Air Mobility (SAM) through a customised operating lease and sale structure. The financing… Read more
Gama Aviation grows H1 revenue by a thirdnews CJI Expert 28 Sep 22 0Gama Aviation's revenue has increased by almost a third in its half-year results. Read more
Vista Global secures $288m of Pass Through Certs with Jefferiesnews CJI Expert 13 Sep 22 0Vista Global has secured $287.5m of fixed-income securities in the form of Pass Through Certificates with Jefferies as placement agent. Read more
Vista launches new membership solutionsnews Mike Stones 8 Sep 22 0Vista is streamlining its global subscription offer across its VistaJet and XO brands with the launch of two new solutions: VistaJet VJ25, designed for low-frequency… Read more
CJI London 2022: Day two – new entrants, easing their flight pathnews Mike Stones 11 Mar 22 0Helping new entrants to understand the true costs of private jet ownership, improving sustainability and fathoming the widening web of Russian sanctions were the three… Read more
