AerCap has announced the successful pricing of $900 million aggregate principal amount of 5.65% senior notes due 2029, illustrating the lessor’s strong access to global debt markets and proactive funding strategy.
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ATR, the world’s leading regional turboprop manufacturer, has announced its 2024 full-year financial and operational results, highlighting a 40% increase in aircraft orders, totaling 56 new aircraft. The company achieved a book-to-bill ratio well above 1, reinforcing its strong market position in regional aviation.
Cebu Air, the Philippines’ largest airline, has reported its 9M 2024 financial results, highlighting an 11% increase in total revenue to $1.26 billion compared to the same period in the previous year. However, the airline’s net income fell by 33%, settling at $57.8 million. This mixed performance reflects both the recovery in travel demand and ongoing operational cost pressures impacting profitability.
Kenya Airways, the national carrier of Kenya, has resumed trading its shares after a suspension that lasted nearly five years. The suspension was initially implemented as part of a comprehensive restructuring effort to revive the struggling airline and address its financial challenges. The process aimed to reduce the airline’s reliance on state resources and restore its…
Castlelake, a global alternative investment manager with two decades of experience in asset-based private markets, has announced the creation of Merit AirFinance, a dedicated aviation lending entity aimed at supplying debt capital to airlines and leasing companies for both new and used aviation assets. The move marks a significant strategic development, offering clear separation between Castlelake’s…
LATAM Airlines Group, the largest airline holding company in Latin America, has received a series of credit rating upgrades from Fitch Ratings (US), reflecting improved financial performance and stronger fundamentals following its post-bankruptcy recovery. The agency affirmed a Positive Outlook across all categories.
GOL (Brazil), currently undergoing Chapter 11 bankruptcy proceedings, has announced plans to request authorization from the Bankruptcy Court to enter into a settlement agreement with Brazil’s Attorney General’s Office of the National Treasury and the Special Secretariat of the Federal Revenue. This move represents a critical step in GOL’s ongoing restructuring process.
