Ongoing Engine Issues Continue to Affect Boeing 737 MAX Performance

Flexjet’s Ricci Family Endows Two Innovation Chairs at Embry-Riddle Flexjet Chairman Kenn Ricci, together with his wife Pamela and their family, has established two endowed faculty chairs at Embry-Riddle Aeronautical University to promote innovation in aviation, aerospace, and space. The Ricci Family Chair for Innovation and the Flexjet Chair for Innovation are intended to attract distinguished faculty members and cultivate a culture of bold thinking and problem-solving among students. Kenn Ricci emphasized the importance of fostering innovative mindsets, stating, “We want to encourage bold thinking about the growth and advancement of aviation. In creating these two chairs, we are supporting the kind of educators who will instill an ethos of problem-solving in their students, which inevitably will lead to innovation.” Pamela Ricci added that the endowments represent a meaningful investment in the future, saying, “What better way to elevate the caliber of faculty for Embry-Riddle students and create a better future for our children’s children than creating these endowed chairs?” The timing of the endowments is significant for both Embry-Riddle and Flexjet. Mori Hosseini, chairman of the university’s Board of Trustees, praised the Ricci family’s commitment, noting that the new chairs “ensure that Embry-Riddle will continue to inspire and equip future generations of leaders in our field.” He further highlighted that the Riccis’ support will “fuel innovation and excellence, advancing our mission and the entire industry for decades to come.” Kenn Ricci himself joined Embry-Riddle’s board of trustees last year, deepening his involvement with the institution. This philanthropic initiative builds on the Ricci family’s previous contributions. In 2007, Kenn Ricci endowed a chair at University Hospitals’ Rainbow Babies & Children’s Hospital in Cleveland to support cystic fibrosis research, demonstrating a longstanding commitment to impactful giving. Flexjet’s Strategic Growth and Industry Position The announcement coincides with Flexjet’s aggressive expansion strategy within the competitive fractional business aviation sector. The company recently secured an $800 million private equity investment and placed a $7 billion order for Embraer aircraft, signaling its intent to broaden its market footprint. Additionally, Flexjet made headlines with a $6 billion order for 300 ‘windowless’ jets from Otto Aerospace, underscoring its pursuit of cutting-edge technology and innovation. These strategic moves are part of Flexjet’s broader effort to maintain a competitive edge against rivals such as Bond, which recently ordered 50 Bombardier business jets, and the established industry leader NetJets. While these investments position Flexjet for continued growth, they also introduce new operational and financial risks as the company navigates an increasingly crowded and dynamic market. Industry observers are closely monitoring how Flexjet’s strategic initiatives, including its philanthropic partnerships with institutions like Embry-Riddle, will shape both its own trajectory and the wider business aviation landscape. Flexjet’s portfolio also includes jet card seller Sentient Jet and on-demand charter broker FXAir, reflecting a multifaceted approach to the evolving aviation market.

Flair Airlines Partners with Netcore Cloud to Advance AI in Aviation Customer Service **New York, October 27, 2025** – Flair Airlines, Canada’s foremost independent ultra-low-cost carrier, has entered into a strategic partnership with Netcore Cloud, a global leader in agentic marketing, to enhance its customer engagement through an AI-powered digital experience platform. This collaboration represents a pivotal advancement in Flair’s ongoing commitment to innovation and the delivery of seamless, personalized travel experiences. Enhancing the Customer Journey with AI Flair Airlines sought a partner with extensive aviation expertise to elevate the customer journey and develop a scalable, future-ready AI roadmap. Netcore Cloud was chosen for its alignment with Flair’s business objectives and its proven success in driving digital transformation for global airlines. The partnership is designed to deliver meaningful customer experiences at scale by leveraging Netcore’s advanced technology. Central to Netcore’s solution are AI-driven personalization capabilities that provide relevant and contextual engagement across all digital touchpoints. The platform also enables omnichannel automation, ensuring seamless communication throughout the traveler’s journey—from booking to post-flight interactions. Additionally, advanced analytics and insights equip Flair’s marketing teams with data-driven intelligence to optimize customer interactions and enhance campaign performance. Kalpit Jain, Group CEO of Netcore Cloud, emphasized the broader impact of the partnership, stating, “Flair embarked on a transformation from being a no-frills carrier to becoming a meaningful part of every customer’s travel experience. Our role extended beyond technology—we helped embed a culture of AI-driven personalization that fuels ancillary revenue growth and strengthens long-term customer loyalty.” Challenges and Industry Context While this partnership is expected to reinforce Flair’s position as a leader in affordable, customer-centric air travel, it also presents challenges typical of digital transformation initiatives in aviation. Integrating new AI technologies with existing systems, ensuring robust data privacy and security, and managing rising customer expectations for enhanced service remain critical considerations. This development aligns with a broader industry trend, as airlines increasingly pursue cross-sector collaborations to scale loyalty benefits and deliver consistent, high-quality customer experiences. The move is likely to intensify competition, prompting other carriers to accelerate their own AI initiatives or establish similar partnerships to maintain market relevance. About Flair Airlines Headquartered in Edmonton, Alberta, Flair Airlines operates a growing fleet of Boeing 737 aircraft, serving over 25 destinations across Canada, the United States, Mexico, the Dominican Republic, and Jamaica. The airline is dedicated to making air travel affordable, accessible, and enjoyable. About Netcore Cloud Netcore Cloud is a leading agentic marketing platform offering a comprehensive Customer Engagement Suite designed to create personalized, omnichannel experiences. Trusted by more than 6,500 brands worldwide—including Walmart, Unilever, Tommy Hilfiger, Domino’s, McDonald’s, Pizza Hut, and Crocs—Netcore leverages artificial intelligence to analyze customer data and enable targeted, meaningful digital interactions. For further information, visit netcorecloud.com.

Chapman Freeborn Prioritizes Humanitarian and Emergency Relief Amid Global Challenges Chapman Freeborn has reaffirmed its dedication to humanitarian and emergency relief operations, highlighting its enduring partnership with the World Food Program (WFP) at the 17th Global Humanitarian Aviation Conference (GHAC) held in Istanbul earlier this month. The conference, organized by the WFP, convened key stakeholders in humanitarian aviation to discuss the evolving challenges and demands of global aid delivery. Strategic Partnerships and Sector Commitment Bernardo Nunes, Chief Operating Officer of Chapman Freeborn, emphasized the company’s transition from providing ad hoc support to establishing strategic partnerships that enable more coordinated and scalable humanitarian missions worldwide. He described GHAC as a crucial platform for fostering collaboration and innovation within the sector, noting that the company’s active participation facilitated engagement with important stakeholders and the exploration of new methods to improve emergency response and aid distribution. Ekaterina Andreeva, a senior executive at Chapman Freeborn, underscored the company’s longstanding involvement in humanitarian efforts. She recalled that one of the company’s earliest charters was a humanitarian mission, and affirmed that this sector remains a core focus. Chapman Freeborn continues to be a committed supporter of the WFP and other humanitarian organizations. Addressing Logistical Challenges and Market Opportunities The humanitarian aviation sector faces significant logistical obstacles, particularly in conflict-affected regions. Recent crises have revealed challenges such as blocked roads, damaged infrastructure, and government-imposed restrictions, which have severely hindered aid delivery in areas like Gaza. The United Nations has called for a substantial increase in emergency assistance for Gaza, highlighting the urgent need for resilient and adaptable logistics solutions. In response to these challenges, demand for efficient and reliable transport services is rising. Chapman Freeborn is actively exploring opportunities in emerging markets, including the expanding helicopter charter sector in Indonesia, as noted by Saladin Siregar, the company’s regional representative. Concurrently, competitors are enhancing their disaster relief capabilities; for instance, Duke Energy has made significant investments in logistics to support rapid emergency response. Global Reach and Industry Position Founded in the United Kingdom in 1973, Chapman Freeborn operates on a global scale with offices across North America, Europe, Africa, Asia, and Australia. While the company is widely recognized for its private jet charters, it is also a major player in the cargo market, specializing in aircraft charter and leasing services for freight forwarders, multinational corporations, governments, and humanitarian agencies. Chapman Freeborn is part of Avia Solutions Group, the world’s largest ACMI (aircraft, crew, maintenance, and insurance) provider, which operates a fleet of 187 aircraft. The group offers a comprehensive range of aviation services, including maintenance, repair and overhaul (MRO), pilot and crew training, and ground handling. With a workforce exceeding 14,000 employees and more than 250 subsidiaries, Avia Solutions Group and Chapman Freeborn are well-positioned to address the complex demands of humanitarian and emergency relief logistics on a global scale.

XTI Aerospace and Valkyrie AI Unveil Vanguard Platform for TriFan 600 VTOL Aircraft ENGLEWOOD, Colo., DALLAS, and AUSTIN, Texas, Oct. 27, 2025 — XTI Aerospace, Inc. (NASDAQ: XTIA), a developer of scalable vertical flight technologies, in partnership with Valkyrie Sciences, a leader in artificial intelligence and advanced materials, has announced the launch of the Vanguard Platform. This intelligent technology system is specifically designed to enhance the next generation of vertical takeoff and landing (VTOL) aircraft, with a focus on XTI’s TriFan 600. Advancing VTOL Technology Through Strategic Collaboration The Vanguard Platform will integrate Valkyrie’s expertise in graphene and composite materials, advanced battery technology, and smart systems architecture to significantly advance the TriFan 600 program. This collaboration is underpinned by a $2 million strategic investment from XTI in Valkyrie, alongside a services agreement with Valkyrie Intelligence. The partnership builds on the advisory role of Valkyrie Founder Charlie Burgoyne, who has been working with XTI since July 2025. Burgoyne brings extensive experience in deploying real-world artificial intelligence applications, having advised prominent military and intelligence agencies including LANL, DOE, DARPA, NASA, CENTCOM, and SOCOM. Valkyrie’s industry credentials include the design of mesh networks for a leading global automotive manufacturer and the development of digital-twin systems for Fortune 100 companies. These capabilities will form the foundation of the Vanguard Platform’s integration into the TriFan 600, aiming to enhance the aircraft’s performance and operational intelligence. Scott Pomeroy, CEO of XTI Aerospace, emphasized the strategic importance of the alliance, stating, “This alliance supports our technology-first objectives at the leading edge of emerging aerospace technologies. Applied AI will be one of the most significant differentiators in this next era of aerospace and defense. Valkyrie’s expertise will help accelerate opportunities across our portfolio, from vertical flight to unmanned systems and beyond; we believe this is a first-of-its-kind approach.” Charlie Burgoyne, CEO of Valkyrie, highlighted the platform’s innovative design, explaining, “The Vanguard Platform, combining Valkyrie’s applied AI technology for aerospace and XTI’s VTOL engineering, is designed to streamline aircraft development. Central to this vision is the Vanguard chassis, which integrates distributed mesh intelligence—a networked, onboard computing framework enabling real-time coordination across aircraft systems. Our production and engineering processes will emphasize lean, data-driven development and the direct integration of intelligent systems into aerospace hardware.” Competitive Landscape and Market Implications The unveiling of the Vanguard Platform occurs amid intensifying competition within the VTOL sector. Established aerospace companies such as Boeing, with its CxR concept, and Shield AI, developing collaborative combat aircraft, are advancing their own VTOL platforms. Lockheed Martin’s Nomad™ family of uncrewed aircraft systems also represents a significant competitive force, likely to drive further innovation in the market. Moreover, the integration of advanced technologies, including additive manufacturing for thermal management in fuel cell systems, is expected to influence the competitive landscape and accelerate technological progress. Market analysts anticipate that the XTI-Valkyrie partnership will generate heightened interest in VTOL technology, as industry leaders and new entrants alike seek to incorporate artificial intelligence, advanced materials, and intelligent systems into next-generation aircraft. Further details regarding XTI’s $2 million strategic investment will be available in the company’s forthcoming SEC filing. ThinkEquity served as advisor for the transaction. About XTI Aerospace, Inc. XTI Aerospace, Inc. (XTIAerospace.com) is the parent company of XTI Aircraft Company, headquartered near Denver, Colorado. The company is currently developing the TriFan 600, a fixed-wing business aircraft designed for vertical takeoff and landing (VTOL) capability, with maximum cruising speeds exceeding 300 knots.

Skyparts and Setna iO Forge Strategic Partnership to Enhance Global Aircraft Parts Network Skyparts, the original equipment manufacturer (OEM) trade desk of Acron Aviation, has entered into a strategic channel partnership with Setna iO, a prominent distributor specializing in used serviceable material (USM) and OEM aircraft parts. This collaboration aims to accelerate Skyparts’ global expansion and bolster its inventory capabilities, aligning with the company’s objective to provide OEM-quality solutions combined with the speed and flexibility characteristic of the aftermarket. Strengthening Supply Chain Integrity and Reach The partnership seeks to merge the reliability of OEM products with the agility of USM distribution, thereby enhancing value and dependability for aviation customers worldwide. All products distributed through this alliance will carry OEM-issued airworthiness tags and come with full OEM warranty coverage, ensuring comprehensive traceability, regulatory compliance, and assured product quality. Setna iO’s expertise lies in components for modern aircraft from leading manufacturers including Boeing, Airbus, Embraer, Bombardier, and ATR. Utilizing a network of strategically positioned warehouses and regional sales teams, Setna iO facilitates rapid delivery of both used and new parts. This capability enables operators, maintenance, repair, and overhaul providers (MROs), and lessors to access critical components efficiently and reliably. John Duff, Operating Director at Skyparts, emphasized the significance of the partnership, stating, “This channel partnership with Setna iO creates a smarter, more responsive supply chain that puts the customer first. In an industry where time, cost, and quality are critical, we are delivering a powerful solution for customers seeking dependable serviceable material with OEM assurance.” Navigating a Competitive and Complex Market The aviation parts market is highly competitive, with efficiency and innovation serving as key differentiators. Skyparts and Setna iO face potential challenges including market competition, integration complexities, and possible resistance from incumbent suppliers. Industry analysts observe that such partnerships often attract increased scrutiny from competitors and stakeholders alike. Rival firms may respond by forging new alliances or enhancing their own supply chain capabilities to protect and expand their market share. Despite these hurdles, the alliance positions both companies to address the growing demand for high-quality, traceable aircraft parts. It underscores Skyparts’ dedication to excellence, responsiveness, and fostering long-term customer trust within the global aviation supply chain. At the same time, it highlights the necessity for both partners to carefully navigate evolving market dynamics to fully capitalize on the benefits of their collaboration.

Trax and Aeroxchange Expand Partnership to Accelerate Aviation Maintenance Integration **Miami, October 27, 2025** – Trax, a global leader in paperless aviation maintenance and engineering software, and Aeroxchange, a premier secure-network provider for the commercial aviation supply chain, have announced an expanded agreement to accelerate and enhance the integration of their platforms. This strategic move aims to improve connectivity and provide a more seamless experience for customers involved in aviation maintenance and supply chain operations. Enhanced Integration to Streamline Operations Building on a longstanding collaboration, the new agreement will embed Aeroxchange’s services directly into Trax’s workflows. This integration enables customers to access Aeroxchange’s extensive network of parts, repair, pool, and consignment service suppliers directly through Trax applications. By streamlining these processes, the partnership is expected to improve operational efficiency across the aviation maintenance sector. Both companies anticipate that the enhanced integration will lead to faster implementations, quicker troubleshooting, and reduced downtime for airlines and maintenance, repair, and overhaul (MRO) providers. By aligning their technology roadmaps, Trax and Aeroxchange aim to accelerate the delivery of new features and innovations, helping customers adapt to evolving industry demands. Miguel Sosa, Vice President of Innovation at Trax, emphasized the significance of the agreement, stating, “We are excited to build on our decades-long relationship with Aeroxchange to provide additional supply chain options to our customers. This agreement is a key aspect of Trax’s strategy to create a fully integrated digital platform, allowing our customers to maximize value from their investment in our solutions as well as complementary industry-leading offerings. We look forward to providing additional process automation opportunities through this expanded network agreement.” Al Koszarek, President and CEO of Aeroxchange, added, “By working together, we will ensure our mutual customers are able to unlock the maximum benefits of our respective products in support of their airline MRO operations.” Challenges and Market Implications Despite the promising benefits, the expanded partnership presents certain challenges. Achieving seamless integration between the two systems will require substantial technical collaboration and rigorous testing. Market reactions have been mixed; while some investors express optimism about the enhanced capabilities, others voice concerns regarding the complexity and potential delays in implementation. Additionally, competitors in the aviation maintenance and engineering software sector may respond by enhancing their own supply chain solutions, potentially intensifying competition. Recent data indicates that Trax is leveraging its long-term relationship with Aeroxchange to broaden supply chain options for its customers, reinforcing its commitment to innovation and delivering customer value. Company Profiles Trax, a wholly owned subsidiary of AAR CORP. (NYSE: AIR), offers aviation maintenance mobile and cloud products that support digital signatures, paperless workflows, RFID logistics, biometric security, and offline capabilities. Its eMRO and eMobility products provide comprehensive solutions for managing all aspects of aircraft maintenance. More information is available at trax.aero. Aeroxchange operates the only electronic business network that privately and securely supports all MRO business processes in aviation for both buyers and sellers. Its platform automates the full lifecycle of electronic communication, from order creation to final invoice, accelerating repair, replenishment, sourcing, and inventory pooling. Further details can be found at corp.aeroxchange.com.

AEI Launches Boeing 737-900ER Freighter Conversion Program Aeronautical Engineers, Inc. (AEI), a prominent figure in passenger-to-freighter aircraft conversions, has officially initiated its Boeing 737-900 Extended Range Special Freighter (B737-900ERSF) program. Operating under an existing licensing agreement as a Boeing-licensed third-party Supplemental Type Certificate (STC) provider, AEI’s new initiative represents a significant expansion of its freighter portfolio. This move highlights the company’s dedication to innovation and operational efficiency amid the evolving demands of the global air cargo industry. Expanding Capacity for Growing Cargo Markets The B737-900ERSF is positioned to become the largest and most capable narrow-body freighter in AEI’s range, offering enhanced payload capacity and increased cargo volume compared to existing Boeing 737 freighter models. These improvements are designed to meet the rising demand from operators seeking aircraft that combine greater space with operational efficiency, particularly as global e-commerce and express delivery markets continue to experience rapid growth. Robert T. Convey, AEI’s Senior Vice President of Sales and Marketing, emphasized the strategic importance of the program, stating, “With e-commerce and express markets expanding worldwide, the B737-900ERSF gives operators the right balance of payload, volume and operating economics.” This reflects AEI’s intent to provide a solution tailored to the evolving needs of cargo operators in a competitive and fast-changing environment. Certification and Market Challenges AEI aims to secure Federal Aviation Administration (FAA) supplemental type certification for the B737-900ERSF by 2029, with subsequent approvals anticipated from the European Union Aviation Safety Agency (EASA) and the Civil Aviation Administration of China (CAAC). The program faces several challenges, including navigating complex regulatory frameworks and implementing the technical modifications necessary for the conversion. Furthermore, AEI enters a competitive market landscape where rival conversion programs for larger aircraft such as the Boeing 787 and 777-300ER are already underway. These competing efforts may accelerate the pace of freighter conversion projects industry-wide as providers respond to shifting market dynamics. Despite these obstacles, the market response has been largely positive. Airlines have expressed interest in expanding their cargo operations to capitalize on surging demand. Industry forecasts predict substantial growth in the global freighter fleet through 2044, a trend that is expected to support increased demand for narrow-body freighter conversions like the B737-900ERSF. With this program, AEI seeks to reinforce its reputation as a trusted provider in the freighter conversion sector. By anticipating industry trends and delivering tailored solutions, AEI aims to set new standards in freighter performance and efficiency, thereby supporting the expanding global logistics networks well into the future.

Korean Air and Archer Initiate eVTOL Operations in South Korea Korean Air has entered into a strategic partnership with Archer Aviation to introduce electric vertical takeoff and landing (eVTOL) operations within South Korea, marking a pivotal advancement in the region’s adoption of advanced air mobility technologies. This collaboration seeks to integrate Archer’s eVTOL aircraft into Korean Air’s existing network, aiming to deliver efficient and sustainable urban air mobility solutions that could transform the country’s transportation landscape. Advancing Urban Air Mobility in South Korea The partnership is poised to accelerate the incorporation of eVTOL technology into South Korea’s transportation infrastructure, positioning both Korean Air and Archer at the forefront of this emerging market. The announcement was met with a positive market response, as Archer’s stock price rose by 5%, signaling strong investor confidence in the potential of eVTOL technology and the strategic alliance. While competitor reactions have yet to be fully disclosed, industry analysts regard this development as a significant milestone for the Asian urban air mobility sector. Despite the enthusiasm surrounding the initiative, Korean Air and Archer face considerable challenges in operationalizing eVTOL services. Regulatory approval remains a critical hurdle, with aviation authorities tasked with developing new certification and oversight frameworks tailored to eVTOL aircraft. Furthermore, the integration of these novel aircraft systems with existing air traffic management infrastructure demands sophisticated technological coordination. Equally important is securing market acceptance, as the companies must convincingly demonstrate the safety, reliability, and convenience of eVTOL services to build public trust. Collaborative Efforts and Future Prospects Both Korean Air and Archer have expressed confidence in their capacity to overcome these obstacles by combining Korean Air’s extensive operational expertise with Archer’s cutting-edge eVTOL technology. The partnership intends to collaborate closely with regulators, local governments, and industry stakeholders to facilitate a seamless rollout of the new services. This initiative not only highlights South Korea’s commitment to pioneering next-generation transportation solutions but also has the potential to serve as a blueprint for similar projects in other international markets. Details regarding the timeline for commercial operations and specific route plans are anticipated to be disclosed in the coming months, as the companies continue to advance their shared vision for urban air mobility.

New Aviation Technologies Unveiled at Munich’s Inter Airport Europe 2025 The 25th edition of Inter Airport Europe, hosted by RX Global at Messe Munich, showcased a dynamic convergence of business activity and technological innovation within the aviation sector. The event attracted 377 international suppliers presenting the latest advancements in ground handling equipment, terminal design, fueling systems, and artificial intelligence applications. Delegates from 23 countries, including airport representatives from Tokyo, Vietnam, and Uzbekistan, engaged with solutions designed to enhance the efficiency, safety, and environmental sustainability of passenger, baggage, and cargo operations. Innovations and Industry Insights Inter Airport Europe 2025 featured an extensive conference and seminar program, with 40 expert speakers and panellists addressing key industry challenges and opportunities. More than 75 exhibitors introduced new products, among them Smiths Detection’s next-generation high-speed CT scanner, ADB SAFEGATE’s AI: Airside Intelligence platform for remote monitoring and preventative maintenance, and AviaSafe’s advanced lighting solutions aimed at future-proofing airport infrastructure. Despite the enthusiasm surrounding these innovations, industry leaders acknowledged the complexities involved in integrating cutting-edge technologies into existing airport systems. Discussions highlighted the critical importance of regulatory compliance and the pressing need for decarbonization across aviation operations. As airports and service providers pursue modernization, there is a marked increase in demand for sustainable technologies, which is reshaping competitive dynamics within the sector. Airlines and aviation service companies are responding with accelerated innovation, strategic partnerships, and heightened investment to secure their market positions. Dr. Juergen Kappler, portfolio director for Aviation & Critical Infrastructure at Smiths Detection, emphasized the value of direct engagement at the event, stating, “Networking is crucial in this industry; the ability to get face to face with clients and colleagues at Inter Airport Europe delivered very direct conversations.” Claudia Carra, head of master planning, authorisations, and accessibility at SEA Milan Airports, underscored the educational benefits of the seminars, noting, “We can learn from the experience of other airports and companies to see what’s out there, what’s new.” Recognition and Future Outlook The event also celebrated innovation through the Inter Airport Europe Innovation Awards, which honoured both emerging start-ups and established companies for their groundbreaking contributions to the sector. Reflecting a commitment to collaboration, RX Global announced its new Gold Membership in ACI Europe’s World Business Partner programme, aiming to strengthen ties with the global airport community. Nearly 6,000 delegates attended the three-day event, underscoring its significance as a hub for industry exchange. Event director Syreeta Tranfield confirmed that the 26th edition will return to Munich from 12 to 14 October 2025. Looking ahead, RX Global’s transport portfolio will expand with sister events including Airport Show Dubai in May 2026, Inter Aviation Arabia in September 2026, and Inter Airport South East Asia in March 2027, as the aviation industry continues to navigate the challenges and opportunities presented by rapid technological transformation.

Airborne Capital Strengthens Ties with Geosky Airlines Through Second Boeing 767-300BCF Lease **Dublin** – Airborne Capital, a prominent global aircraft asset manager, has secured the placement and delivery of a second Boeing 767-300BCF widebody freighter on a long-term lease to Geosky Airlines, a Georgian cargo carrier. This transaction underscores Airborne Capital’s strategic expansion within the widebody freighter market and reinforces its partnership with Geosky, an established airline founded in 2017. Fleet Expansion and Operational Growth With the addition of this aircraft, Geosky Airlines’ Boeing 767-300BCF fleet now totals four, complementing its existing two Boeing 747-200 cargo planes. The airline operates extensively across local and international routes within the EMEA region and Asia, having demonstrated consistent growth in recent years. Notably, in May 2025, Geosky successfully completed the renewal audit for the IOSA RBI 2025, a key certification reflecting its commitment to operational safety and regulatory compliance. Cian Dooley, Founding Partner at Airborne Capital, expressed satisfaction with the deal, stating, “We are delighted to announce this transaction and to cement our relationship with Geosky Airlines as a client partner. Market interest in these aircraft is strong and we look forward to the successful remarketing of the remaining B767-300BCF aircraft in due course.” Tornike Kortoshidze, President of Geosky Airlines, highlighted the significance of the lease, noting, “Geosky Airlines’ business has been growing steadily in recent years and this additional unit underscores the strong demand for our services.” Industry Context and Market Dynamics This agreement emerges amid challenging conditions for the aviation sector. The International Air Transport Association (IATA) has reported that ongoing supply-chain disruptions are expected to increase airline costs by approximately $11 billion this year, a factor that could influence leasing economics and fleet expansion strategies. Market responses to such transactions are also shaped by broader industry trends and competitive activity. For instance, Etihad Airways’ recent wet lease arrangement with GetJet Airlines illustrates the evolving competitive landscape within cargo and leasing markets. Furthermore, elevated valuations in adjacent sectors, such as the retail giant Costco, may affect investor sentiment and the perceived value of aircraft leasing deals. Airborne Capital, headquartered in Ireland with offices in Shannon, Dublin, London, New York, Hong Kong, and Tokyo, manages an aircraft portfolio valued at over $2 billion. The firm serves as an intermediary connecting investors seeking aviation opportunities with airlines requiring customized capital solutions. Geosky Airlines, an IATA member, specializes in cargo, charter, and ACMI services, providing flexible air freight solutions tailored to the needs of global businesses. Its dedicated team focuses on efficient logistics and adapting services to meet the dynamic demands of international cargo transport. For further information, visit www.airborne.capital and www.geosky.com.