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Air Antilles to Reinstate ATR and DHC6 Aircraft for High Season

Air Antilles (Guadeloupe) has announced plans to bolster its fleet by reintroducing two ATR aircraft — an ATR72 and an ATR42 — and a DHC6 back into operations starting December 20, 2024. This strategic move aims to strengthen the airline’s network and service offerings during the high-demand travel season.

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Avolon Extends and Upsizes Credit Facility to $5.8 Billion

Avolon (Ireland), a leading global aircraft leasing company, has announced a significant enhancement to its unsecured revolving credit facility. The facility, backed by a syndicate of 25 banks, has been upsized by $1 billion, bringing the total to $5.8 billion, and its maturity date has been extended by two and a half years, from April 2026 to October 2028.

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Danish State Acquires Majority Stake in Copenhagen Airport

Copenhagen Airport (Denmark) is now majority owned by the Danish State, following the acquisition of a controlling stake from ATP (Denmark) for $4.52 billion. This significant transaction positions the Danish State as the primary shareholder in one of Scandinavia’s busiest airports.

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Turkish Airlines Plans A350-1000 Subfleet for Australia

Turkish Airlines is preparing to operate a specially configured subfleet of Airbus A350-1000s for long-haul services to Australia, signaling a significant expansion in its global route network. The airline is also considering New Zealand as a future destination, reflecting its ambitious growth strategy.

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LOT Appoints New Supervisory Board Chairwoman

LOT Polish Airlines (Poland) has introduced a new Supervisory Board as part of its ongoing organizational updates. Agnieszka Trzaskalska has been appointed as the Chairwoman of the Supervisory Board, bringing extensive experience to this pivotal role. Additionally, Anna Wilga-Szczepanik joins the board, further strengthening its leadership team.

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GOL Requests Approval for Settlement Agreement in Chapter 11 Case

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.