28 May 2026

#4 May 2026: North American Aviation Newsletter

Aircastle Announces New $375 Million Unsecured Term Loan

Aircastle has closed a new US$375 million unsecured term loan with a five-year term and an expansion feature available within six months of closing. The financing strengthens Aircastle’s access to capital and supports its ability to grow its aircraft portfolio amid volatile macroeconomic conditions.

Avelo Airlines Celebrates Fifth Anniversary

Avelo Airlines has marked five years since launching operations on 28 April 2021, when it became the first new airline in the U.S. in nearly 15 years. The carrier highlighted its network growth, operational reliability and continued focus on offering convenient, value-led travel.

Cessna SkyCourier to Support Expanded Inter-Island Service for Air Marshall Islands

The Cessna SkyCourier has reached a new milestone with the first aircraft delivered to the Republic of the Marshall Islands for Air Marshall Islands. The 19-passenger variant includes a passenger-to-freighter conversion kit, enabling flexible operations across essential inter-island passenger and cargo services.

Acumen’s Take

On Aircastle’s Term Loan

Aircastle’s new financing reflects the continued importance of diversified capital access for aircraft lessors. Strong banking support gives lessors greater flexibility to grow portfolios and respond to market opportunities.

On Avelo’s Fifth Anniversary

Avelo’s five-year milestone highlights the resilience of low-cost and leisure-focused airline models in the U.S. market. Continued network growth will depend on balancing affordability, reliability and disciplined capacity expansion.

On SkyCourier’s Marshall Islands Delivery

The SkyCourier delivery underlines the importance of adaptable aircraft for remote and island communities. Flexible passenger-cargo capability can strengthen essential connectivity where aviation plays a critical infrastructure role.

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