Boeing has issued a prospectus for an exchange offer of senior notes worth up to $8 billion. This initiative is part of the company’s financial strategy to manage its outstanding debt obligations and optimize its capital structure.
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Air New Zealand has taken redelivery of its first retrofitted Boeing B787-9, identified by serial number 37964, after a six-month cabin upgrade program carried out in Singapore. This marks the airline’s first completed retrofit under its multi-year widebody refurbishment strategy.
SriLankan Airlines reported a $6.6 million net loss for the seven months ending October 2024, as net traffic revenue fell 14.9% to $517.3 million. The decline reflects weaker demand and financial struggles, continuing the airline’s challenging financial trajectory.
Capital A, the Malaysia-based parent of AirAsia, has secured approval from its shareholders and debtholders for a capital reduction plan valued at up to $1.4 billion. This strategic move is designed to help the company restructure its financial obligations and improve its overall balance sheet health.
EFW (Elbe Flugzeugwerke), a German aerospace company specializing in aircraft conversions, and HNA Aviation Group from China have signed a Memorandum of Understanding (MOU) outlining a strategic partnership for A330P2F (passenger-to-freighter) conversions. Under this agreement, EFW will provide support for Grand China Aircraft Maintenance Services, an HNA subsidiary, operating out of Haikou. This collaboration positions both companies to capitalize on the rising demand for…
JD Airlines, a growing player in China’s cargo aviation market, has taken delivery of a Boeing 737-800BCF (Boeing Converted Freighter), serial number 30697. Leased and equipped with CFM56-7B26 engines, this freighter addition aligns with JD Airlines’ strategy to expand its air cargo capabilities amidst increasing demand for air freight services across China. The B737-800BCF is…
Aeroflot, Russia’s flagship carrier, has reported a solid financial performance for the first quarter of 2025, achieving a net profit of $689 million. The carrier’s revenues also rose 12.4% year-on-year, reaching a total of $1.9 billion, highlighting strong demand recovery and robust cost management across its operations.
