Phoenix Aviation Capital, a full-service aircraft lessor, and AIP Capital, a global aviation asset management and investment firm, today announced an agreement to acquire a portfolio of ten LEAP-1B engines from CFM International*. The agreement demonstrates the strong relationship between the par...

European budget airline Wizz Air has announced a downward revision of its annual profit forecast, falling short of analyst expectations and attributing the adjustment to challenging macroeconomic conditions. The Hungarian carrier's net income guidance for the financial year now stands between €35...

AIP Capital, a global aviation asset management and investment firm, announces the closing of an LP investment in a VIG Partners fund which holds a control investment in Korean low-cost carrier, EastarJet, and placement of five new Boeing 737 MAX 8 aircraft. Two aircraft delivered to EastarJet in...