Cayman Islands Seeks US$183 Million Loan Facility for Cayman Airways Expansion
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Spirit Airlines, a prominent low-cost carrier in the United States, has received approval from the US Bankruptcy Courtto complete the sale of 23 Airbus aircraft, comprising A320 and A321 models, to GA Telesis (GAT), a leading aviation solutions company. This transaction marks a significant development in Spirit Airlines’ restructuring efforts.
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Total Linhas Aéreas, the Brazilian cargo operator, is preparing to take delivery of another Boeing 737-400 Freighter (B737-400F), identified by serial number 27674. This addition reflects Total’s ongoing efforts to expand its cargo capabilities and modernize its freighter fleet.
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Air Mauritius has received a critical financial lifeline from its parent company, Airport Holdings Ltd (AHL), which has formally converted a US$176 million shareholder loan into equity. This move comes as AHL acknowledges the airline’s ongoing financial challenges and aims to stabilize its capital structure during a period of fiscal strain.
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Finnair, the national carrier of Finland, has received export credit support exceeding US$105 million to finance its 18th Airbus A350-900. The funding, facilitated by the export credit agencies of Germany, France, and the UK, underscores international confidence in the airline’s operational and financial stability. The aircraft, identified as serial 708, was financed through an arrangement led by Citibank Europe (UK).
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Sun Country Airlines has slightly revised its Q1 2025 total revenue forecast, now estimating revenue between $325 million and $330 million. The updated projection reflects minor adjustments in market conditions, pricing trends, and passenger demand.
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The Civil Aviation Authority (CAA) of Eritrea has reportedly filed a lawsuit against Ethiopian Airlines, seeking a total of $3.57 million in compensation.
Spirit Airlines to Finalize Sale of 23 Aircraft to GA Telesis
ByAdmin
Spirit Airlines, a prominent low-cost carrier in the United States, has received approval from the US Bankruptcy Courtto complete the sale of 23 Airbus aircraft, comprising A320 and A321 models, to GA Telesis (GAT), a leading aviation solutions company. This transaction marks a significant development in Spirit Airlines’ restructuring efforts.
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Total to Take Delivery of Another B737-400F
ByAdmin
Total Linhas Aéreas, the Brazilian cargo operator, is preparing to take delivery of another Boeing 737-400 Freighter (B737-400F), identified by serial number 27674. This addition reflects Total’s ongoing efforts to expand its cargo capabilities and modernize its freighter fleet.
Air Mauritius Secures $176M Equity Boost from Airport Holdings
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Air Mauritius has received a critical financial lifeline from its parent company, Airport Holdings Ltd (AHL), which has formally converted a US$176 million shareholder loan into equity. This move comes as AHL acknowledges the airline’s ongoing financial challenges and aims to stabilize its capital structure during a period of fiscal strain.
Finnair Secures Export Credit Support for 18th A350-900
ByAdmin
Finnair, the national carrier of Finland, has received export credit support exceeding US$105 million to finance its 18th Airbus A350-900. The funding, facilitated by the export credit agencies of Germany, France, and the UK, underscores international confidence in the airline’s operational and financial stability. The aircraft, identified as serial 708, was financed through an arrangement led by Citibank Europe (UK).