JetSmart, the Chile-based ultra-low-cost carrier, is preparing for an initial public offering (IPO) on the US stock market in a move set to transform its growth strategy across Latin America.
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FlyArystan, Kazakhstan’s first low-cost carrier, has initiated an independent investigation into financial irregularities after its management uncovered evidence of fund theft. The airline has contacted an external audit company to carry out a comprehensive review and provide clarity on the situation.
Eve Air Mobility (NYSE: EVEX, EVEXW) has announced the completion of a $230 million equity capital raisethrough a registered direct offering, accompanied by a dual listing in both the United States and Brazil. The financing round saw participation from BNDESPAR, a subsidiary of the Brazilian Development Bank (BNDES), Embraer, and other institutional investors.
Garuda Indonesia has expanded its widebody fleet with the delivery of a new Airbus A330-900, serial number 1887, acquired on lease. The aircraft is powered by Rolls-Royce Trent 7000-72 engines, offering improved fuel efficiency and reduced emissions over previous-generation A330 models.
Alaska Airlines has expanded its regional fleet with the delivery of two new Embraer E175 jets, bearing serial numbers 17000995 and 17000992. Both aircraft are operated by Horizon Air, Alaska’s regional affiliate, and are powered by GE CF34-8E5 engines.
Air China and the Macau Special Administrative Region (SAR) government have increased their equity stakes in Air Macau following a substantial US$297 million capital injection into the airline. This financial maneuver comes in the wake of Air Macau’s US$84 million net loss in 2024, which raised solvency concerns for the region’s flagship carrier.
Air Kenya, a key regional airline based in Nairobi, is preparing to expand its turboprop fleet with the addition of two Bombardier Q200 aircraft. The turboprops are expected to support the airline’s domestic and East African operations, with serial number 448 arriving soon and serial number 454 scheduled for delivery by the end of Q2 2025.
