Aeromexico has initiated a $1.1 billion bond offering aimed at refinancing its debt, specifically addressing $663 million in senior secured notes due in 2027.
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Spirit Airlines (US) has entered into a pivotal agreement with International Aero Engines (IAE) that will see IAE provide monthly credits through the end of 2025 to mitigate the financial impact of the GTF engine issues that have plagued Spirit’s operations. This move is expected to partially offset an estimated liquidity impact of $150-195 million, giving the airline critical breathing room to manage…
Jet2 has expanded its fleet with the delivery of a new Airbus A321neo, bearing serial 12355. The aircraft is powered by LEAP-1A32 engines, offering greater fuel efficiency and lower emissions, aligning with the airline’s growth and sustainability strategy.
Japan Airlines (JAL) has confirmed that it will postpone the retirement of its Boeing 777-300ER fleet by approximately one year, in response to ongoing delivery delays of the Airbus A350 widebody aircraft. This decision will allow JAL to maintain its long-haul service capacity without significant disruption to its global route network.
Phoenix Aviation Capital, an Ireland-based aircraft leasing and finance company, has successfully closed a $300 million senior secured credit facility, reinforcing its financial capacity to support existing and future aviation asset transactions. The deal marks a strategic milestone as the company continues to expand its presence in the global aircraft leasing market.
SWISS, the national carrier of Switzerland, is reconsidering the long-term viability of its nine Airbus A220-100 aircraft, prompted by continued technical challenges with their Pratt & Whitney PW1500G engines. The airline is reportedly weighing all options, including potential retirement or replacement of the fleet segment.
Greater Bay Airlines is set to launch a new scheduled service between Hong Kong and Tunxi on December 4, 2024, utilizing a Boeing 737-800 aircraft. This new route expands Greater Bay Airlines’ network within East Asia, offering travelers a direct connection between Hong Kong and the scenic city of Tunxi, located in China’s Anhui Province. The route is expected to serve tourists and…
