Sun Country Secures $75M Credit Facility From Mitsubishi UFJ

ByAdmin 16/04/202517/04/2025

Sun Country Airlines (US) has secured a US$75 million senior secured revolving credit facility from Mitsubishi UFJ Financial Group (Japan). The new agreement replaces a previous $25 million revolving credit facility (RCF), representing a major boost to the airline’s liquidity as it continues to expand operations and reinforce its financial flexibility.

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Airbus | Airlines | Delivery | Fleet | Pratt & Whitney

LATAM Receives A320neo MSN 12660 With PW1127G-JM Engines

ByAdmin 19/06/202523/06/2025

LATAM Airlines, the largest carrier in Latin America, has taken delivery of a new Airbus A320neo, bearing manufacturer serial number (MSN) 12660. The aircraft is equipped with Pratt & Whitney PW1127G-JM engines, part of the GTF (Geared Turbofan) family, and represents a continued push toward modernizing LATAM’s narrowbody fleet for fuel efficiency and environmental performance.

Airlines | Fleet | Retirement

United Airlines To Retire 21 Aircraft Early In 2025

ByAdmin 24/03/202525/03/2025

United Airlines has announced plans to retire 21 aircraft earlier than scheduled in early 2025 as part of a broader cost-saving strategy. This decision follows internal projections of lower-than-anticipated Q1 profitability, prompting the airline to optimize its operations and preserve cash. While specific aircraft types have not been disclosed, the move is expected to be cash-positive in the current fiscal year.

Airlines | Financial | Investor

SpiceJet Equity Infusion 2025

ByAdmin 18/03/202521/03/2025

SpiceJet founder and chairman Ajay Singh will inject US$33.8 million into the airline through the conversion of warrants into equity shares. This move will significantly raise his stake, pushing his overall shareholding to more than 33%.

Airlines

Trans Maldivian Airways May Be Placed on the Market for Sale

ByAdmin 04/12/202409/12/2024

A consortium of investors, spearheaded by The Carlyle Group, is contemplating the sale of Trans Maldivian Airways (TMA), the world’s largest seaplane operator. This decision comes in response to a significant rebound in tourism to the Maldives. The group, which includes King Street Capital Management and Davidson Kempner Capital Management, is collaborating with a financial adviser to gauge interest from…

Airbus | Airlines | Delivery | Fleet | Pratt & Whitney

Delta Air Lines To Take Delivery Of Airbus A220-300

ByAdmin 12/08/202514/08/2025

Delta Air Lines is preparing to take delivery of a brand-new Airbus A220-300 from Airbus, marking another step in the airline’s ongoing fleet modernization strategy. The aircraft, bearing MSN 55374 and registration N334DU, will be powered by a pair of Pratt & Whitney PW1521G-3 engines. It is configured with a two-class cabin layout offering 12 First Class and 128 Economy Class seats, designed to enhance passenger comfort on…

Airlines | AOC | Cargo | Governments

Air Ceilao Applies for AOC to Launch Charter Flights

ByAdmin 05/12/202409/12/2024

Air Ceilao, a new Sri Lankan airline, has officially applied to the Civil Aviation Authority of Sri Lanka (CAA) for an Air Operator Certificate (AOC) and license to operate domestic and international charter flights. The proposed operations will focus on transporting both passengers and cargo.

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