airBaltic (Latvia) is considering pushing back its planned IPO to early 2026, as CEO Martin Gauss acknowledged that ongoing engine delivery challenges are restricting the airline’s growth trajectory.
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Genesis, an Ireland-based aircraft leasing company, has completed a transaction with BOC Aviation of Singapore, acquiring three of the most sought-after narrowbody aircraft in the aviation market. This acquisition includes a Boeing 737-8 currently on lease to TUI in Germany, an Airbus A320 with Volaris in Mexico, and an Airbus A320neo leased to TAP Air Portugal. These aircraft are among the most liquid models in the narrowbody segment, reflecting Genesis’s…
Japan Airlines (JAL) has announced that it will extend the retirement timeline for its Boeing 777 fleet due to global delivery delays affecting new aircraft. Despite this adjustment, JAL confirmed that the first six A350-1000s on order are arriving as scheduled, ensuring gradual fleet modernization.
AirAsia Aviation Group, based in Malaysia, is in the advanced stages of finalizing a significant financial agreement that involves securing up to US$226 million in debt financing. This strategic financial move is being facilitated by an undisclosed domestic bank, with the primary aim of refinancing the group’s existing US dollar-denominated debt and allocating funds for various corporate…
Iberia, Spain’s national carrier, is set to introduce Airbus A321XLR service on its routes from Madrid to Paris Charles de Gaulle (CDG) and Stockholm Arlanda by November 7, 2024. This deployment of the A321XLR will enhance Iberia’s connectivity across Europe, offering passengers greater comfort and efficiency on these popular routes.
Moody’s has recently announced a significant downgrade of the corporate family rating for Azul (Brazil), reducing it from Caa2 to Ca. This move by the rating agency reflects increasing concerns about the airline’s financial position and overall risk profile. The downgrade also extends to Azul Secured Finance and Azul Investments, underscoring the broader impact across the group’s financial entities.
Aircalin, the national airline of New Caledonia, has officially disclosed its latest fleet expansion plans with an order for two Airbus A350-900 aircraft. This strategic move underscores the airline’s commitment to modernizing its fleet and enhancing its operational capabilities to meet growing passenger and cargo demands.
