VAH

Voyager Aviation Holdings Reaches Sale Agreement with Azorra

Retrieved on: 
Thursday, July 27, 2023

Voyager Aviation Holdings, LLC (“VAH” or the “Company”), a leading global aviation investment firm, announced today that it has reached an agreement with Azorra Explorer Holdings Limited (an affiliate of Azorra Aviation Holdings, LLC) (“Azorra”) to sell substantially all of VAH’s assets and for Azorra to assume and maintain ongoing employee and business arrangements with VAH’s employees and aircraft lessees.

Key Points: 
  • Voyager Aviation Holdings, LLC (“VAH” or the “Company”), a leading global aviation investment firm, announced today that it has reached an agreement with Azorra Explorer Holdings Limited (an affiliate of Azorra Aviation Holdings, LLC) (“Azorra”) to sell substantially all of VAH’s assets and for Azorra to assume and maintain ongoing employee and business arrangements with VAH’s employees and aircraft lessees.
  • The agreement will create a stronger, more diversified platform as VAH and Azorra bring together a global customer base, talented employees, and unique commercial aircraft leasing solutions to better serve their airline customers.
  • The Company is entering Chapter 11 with a sale agreement with Azorra, a Chapter 11 plan and the support of key financial stakeholders to sell substantially all of VAH’s assets and transition its employees and lease agreements to Azorra, as documented in a restructuring support agreement.
  • To guide VAH through the Chapter 11 and sale process, the Company has appointed a Chief Restructuring Officer, Robert Del Genio from FTI Consulting.

EQS-News: Flughafen Wien AG: Strong Q1/2023 - Significant increases in passengers, revenue and net profit; well-booked summer travel season expected

Retrieved on: 
Tuesday, May 16, 2023

Flughafen Wien AG: Strong Q1/2023 - Significant increases in passengers, revenue and net profit; well-booked summer travel season expected

Key Points: 
  • Flughafen Wien AG: Strong Q1/2023 - Significant increases in passengers, revenue and net profit; well-booked summer travel season expected
    The issuer is solely responsible for the content of this announcement.
  • Our next goal is to achieve net zero by 2033,” states
    Günther Ofner, Member of the Management Board of Flughafen Wien AG.
  • “Travel demand is high: in April 2023, Vienna Airport already registered around 90% of the pre-crisis level with 2.5 million passengers.
  • We are therefore expecting a good summer travel season and intensively preparing for it.

VAH Delivered Its Second New Airbus A220-300 in 2022 and Announces Five More A220 Aircraft Under Sale and Leaseback

Retrieved on: 
Thursday, January 26, 2023

“We are delighted to celebrate the delivery of our second A220 to Breeze in 2022 and to further reinforce our long-term partnership with five additional aircraft,” continued Hooman Yazhari, VAH Executive Chairman.

Key Points: 
  • “We are delighted to celebrate the delivery of our second A220 to Breeze in 2022 and to further reinforce our long-term partnership with five additional aircraft,” continued Hooman Yazhari, VAH Executive Chairman.
  • “The transaction underscores the strength of our partnerships and aligns with our strategy to continue diversification of our portfolio in aircraft types and new airline partnerships.
  • The A220 delivers up to 25% lower fuel burn and CO2 emissions per seat compared to previous generation aircraft, and 50% lower NOx emissions than industry standards.
  • In addition, the aircraft noise footprint is reduced by 50% compared to previous generation aircraft - making the A220 a good neighbor around airports.

EQS-News: Flughafen Wien AG: Flughafen Wien Group in Q1-3/2022: Upward trend continues for passenger volume, revenue and earnings

Retrieved on: 
Sunday, November 27, 2022

Flughafen Wien AG: Flughafen Wien Group in Q1-3/2022: Upward trend continues for passenger volume, revenue and earnings

Key Points: 
  • Flughafen Wien AG: Flughafen Wien Group in Q1-3/2022: Upward trend continues for passenger volume, revenue and earnings
    The issuer is solely responsible for the content of this announcement.
  • Revenue and net profit rose considerably, and the company is almost debt-free before it begins with new and large-scale investments.
  • In October 2022 we registered 2.4 million passengers at Vienna Airport in October 2022, compared to 2.8 million in October 2019.
  • In October 2022, the Flughafen Wien Group (Vienna Airport, Malta Airport and Kosice Airport) reported a total of 3,073,523 travellers (+52.2% vs. October 2021).

EQS-News: Flughafen Wien AG: Flughafen Wien Group in H1/2022: The airport business is buzzing again

Retrieved on: 
Thursday, August 18, 2022

Flughafen Wien AG: Flughafen Wien Group in H1/2022: The airport business is buzzing again

Key Points: 
  • Flughafen Wien AG: Flughafen Wien Group in H1/2022: The airport business is buzzing again
    The issuer is solely responsible for the content of this announcement.
  • Vienna Airport will be a trailblazer and operate in a CO-neutral manner, thus becoming a green airport.
  • The global airport association ACI named Vienna Airport the Best European Airport 2022, says Julian Jger, Member of the Management Board of Flughafen Wien AG, expressing his pride in the entire airport team.
  • All statements made in this press release that refer to future developments of Flughafen Wien AG/Flughafen Wien Group are based on current assumptions and forecasts of the management.

VAH Announces New Seven Aircraft Purchase Agreement of ~ $300 Million

Retrieved on: 
Tuesday, July 5, 2022

Voyager Aviation Holdings, LLC (VAH) announced the signing of a purchase agreement with a fellow blue chip aircraft leasing firm for seven young and in-production aircraft, all of which are on long-term leases with strong credit quality airlines.

Key Points: 
  • Voyager Aviation Holdings, LLC (VAH) announced the signing of a purchase agreement with a fellow blue chip aircraft leasing firm for seven young and in-production aircraft, all of which are on long-term leases with strong credit quality airlines.
  • The average age is ~8 years with an average remaining lease term of ~5 years.
  • The portfolio was selected to support the Companys diversification into younger narrowbody assets with attractive returns for the Companys shareholders and third-party investors.
  • VAH is a privately held aviation investment firm and commercial aircraft leasing company.

VAH Announces A330-300 Aircraft Lease Extensions

Retrieved on: 
Monday, June 20, 2022

Voyager Aviation Holdings, LLC (VAH) announced today that they have successfully extended the agreement for the long-term lease of five (5) Rolls-Royce powered A330-300 aircraft with Turkish Airlines for an extension of four more years.

Key Points: 
  • Voyager Aviation Holdings, LLC (VAH) announced today that they have successfully extended the agreement for the long-term lease of five (5) Rolls-Royce powered A330-300 aircraft with Turkish Airlines for an extension of four more years.
  • VAH delivered these aircraft to Turkish Airlines during 2016 and 2017 for an initial lease term of six (6) years following the installation of a new, dual-class cabin interior.
  • We are very pleased to continue our valued partnership with Turkish Airlines and support the airline in its growth.
  • VAH is a privately held aviation investment firm and commercial aircraft leasing company based in Ireland.

Dinnaga Padmaperuma Joins VAH as Chief Technical Officer

Retrieved on: 
Wednesday, June 8, 2022

VAH is pleased to announce the appointment of Dinnaga Padmaperuma as Chief Technical Officer, based in the lessors Dublin office in Ireland.

Key Points: 
  • VAH is pleased to announce the appointment of Dinnaga Padmaperuma as Chief Technical Officer, based in the lessors Dublin office in Ireland.
  • Before joining VAH, Mr. Padmaperuma has accumulated a broad aviation background that encompasses working for a number of top lessors, MROs as well as Chief Technical Officer for an airline.
  • In his new role as Chief Technical Officer, Mr Padmaperuma will oversee all of the Companys technical operations as VAH executes its growth strategy to become a leading provider of aircraft and capital solutions to the aviation industry.
  • VAH is a privately held aviation investment firm and commercial aircraft leasing company based in Ireland.

EQS-News: Flughafen Wien AG: Q1/2022: Significant increase in passenger numbers and pleasing improvement in earnings with positive result for the period of € 6.7 million – strong summer season expected

Retrieved on: 
Tuesday, May 24, 2022

17 million at Vienna Airport as well as revenue of 560 million, EBITDA of at least 172 million and a consolidated net profit of at least 20 million.

Key Points: 
  • 17 million at Vienna Airport as well as revenue of 560 million, EBITDA of at least 172 million and a consolidated net profit of at least 20 million.
  • To the extent that passenger development exceeds expectations in the months ahead, a significant improvement of business results could take place.
  • Today Austrias largest photovoltaic facility with 24 hectares starts producing electricity states Gnther Ofner, Member of the Management Board of Flughafen Wien AG.
  • Revenue of the Flughafen Wien Group in Q1/2022 amounted to 110.9 million, comprising an increase of 92.9% from the previous year.

VAH Takes Delivery of Its First New Airbus A220

Retrieved on: 
Monday, April 25, 2022

Voyager Aviation Holdings, LLC (VAH) announced today that it has delivered one new Airbus A220 on long-term lease to Breeze Airways (Breeze).

Key Points: 
  • Voyager Aviation Holdings, LLC (VAH) announced today that it has delivered one new Airbus A220 on long-term lease to Breeze Airways (Breeze).
  • We are delighted to deliver our first A220 to Breeze and to begin our partnership with the airline and its Management team, VAH President & CEO Mike Lungariello said.
  • The performance and fuel efficiency of this A220 aircraft is a key component to the Breeze business strategy.
  • This is VAHs first A220 and delivery from Airbus U.S. Manufacturing Site.