ITA Airways secures $240m financing from AIP Capital to revolutionize fleet with eco-efficient aircraft

ITA Airways secures $240m financing from AIP Capital to revolutionize fleet with eco-efficient aircraft

AIP Capital, an alternative investment manager with a focus on commercial aviation, has announced the completion of a $240 million debt financing deal for ITA Airways, Italy’s national airline. The transaction is secured by three state-of-the-art Airbus A330-900neo aircraft, powered by Rolls-Royce Trent 7000 engines, known for their fuel efficiency and reduced emissions. This financing […]

Great Eastern Shipping Company acquires medium range product tanker

Great Eastern Shipping Company acquires medium range product tanker

The Great Eastern Shipping Company Limited (G E Shipping) made headlines on March 28, 2024, with its strategic acquisition of a Medium Range product tanker, signaling a significant step in its fleet modernization and expansion efforts. The vessel, built in 2013 with a deadweight tonnage (dwt) of approximately 51,486, is slated to join the company’s […]