Binter Receives New E195-E2 Aircraft

ByAdmin 01/01/202503/01/2025

Binter, the Canary Islands-based airline, has expanded its fleet with the addition of a new E195-E2 aircraft. This delivery marks a significant step in the airline’s fleet modernization efforts, bringing advanced technology and enhanced passenger comfort to its operations. The newly acquired aircraft, bearing serial number 19020163, is powered by PW1921G engines, which are celebrated for their superior efficiency and environmental benefits.

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Airlines | Financial | Flag Carrier

Thai Airways Plans $1.27 Billion Rights Offering

ByAdmin 27/11/202401/12/2024

Thai Airways International has announced plans to raise up to $1.27 billion through a share rights offering, marking a pivotal step in its efforts to exit court-supervised debt restructuring. This initiative will also enable the resumption of the trading of the airline’s stock on the Thai stock exchange.

Embraer | Fleet | Pratt & Whitney

Porter Aircraft Leasing Secures Sale and Leaseback for PW1921G Engines

ByAdmin 13/01/202514/01/2025

Porter Aircraft Leasing (Canada) has entered into sale and leaseback financing agreements with Avolon (Ireland)for four PW1921G engines. These engines are slated for delivery in 2025 and 2026 and will support Porter’s ongoing acquisition of E195-E2 aircraft.

Airlines | Governments | Merger

Korean Air and Asiana Airlines Anticipate EU Merger Approval by Early November 2024

ByAdmin 28/10/202430/10/2024

Korean Air and Asiana Airlines are optimistic about receiving European Union (EU) regulatory approval for their merger by early November 2024.

Airlines | Investor

Air Europa Seeks Investor for 25% Stake Amid Market Pressures

ByAdmin 09/04/202511/04/2025

Air Europa (Spain) is actively exploring the possibility of selling up to 25% of its capital as it seeks to secure a strategic investor to navigate ongoing economic pressures. The airline’s board of directors is expected to convene to review potential investor interest and set a framework for the partial divestment, driven by diminishing travel demandand the economic impact of US-imposed tariffs.

Pakistan Receives Single Bid for PIA Stake in Privatization Push

ByAdmin 30/10/202401/11/2024

Pakistan’s government, in its bid to privatize Pakistan International Airlines (PIA), received only one bid from a shortlist of six potential bidders. Blue World City, a major real estate consortium with diversified interests, has emerged as the sole bidder for a 60% stake in PIA. This privatization aligns with Prime Minister Shehbaz Sharif‘s commitments to…

Airlines | Financial

Thai Airways Issues 5.1B Shares in Capital Restructuring

ByAdmin 23/12/202423/12/2024

Thai Airways International has successfully completed the issuance of 5.1 billion additional common shares, a significant step in its business rehabilitation plan and capital restructuring efforts. This move aims to fortify the airline’s financial stability as it continues its recovery from financial challenges and positions itself for long-term sustainability.

Airlines | Financial | Flag Carrier

Airlines | Investor

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