The proposed merger between GOL and Azul, two of Brazil’s largest airlines, has received government support, with the country’s ports and airports minister stating that the move would strengthen the aviation sector and prevent either airline from facing financial difficulties.
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TAP Air Portugal announced plans to issue €350 million in five-year bonds, targeting institutional investors as part of a strategy to strengthen its financial position and extend debt maturity. The initiative aims to refinance TAP’s existing liabilities and consolidate its cash flow amidst ongoing financial challenges. The airline expects the proceeds to enhance its financial…
Air China has expanded its fleet with the recent delivery of one COMAC C909, bearing serial number 10180. The aircraft is powered by CF34-10A engines, a regional-class turbofan engine developed by GE Aviation, widely known for its efficiency and reliability.
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.
COMAC (Commercial Aircraft Corporation of China) is partnering with Vietnamese low-cost carrier Vietjet to introduce the ARJ21 aircraft to the Vietnamese market, with initial operations expected to commence later in 2024. This collaboration represents a significant step for both companies, as COMAC seeks to expand its footprint internationally and Vietjet aims to diversify its fleet with efficient regional jets.
Alaska Airlines CEO Ben Minicucci shared his perspective on the carrier’s performance and outlook following the challenges faced in the first quarter of 2025. According to Minicucci, although bookings have stabilized, pricing powerhas yet to fully recover, reflecting the ongoing impact of economic uncertainty in the aviation sector.
Jet Time, a Danish charter and ACMI operator, has announced the extension of its partnership with Finnair through its first full-year ACMI contract, which will see two Boeing 737-800s operated on behalf of the Finnish flag carrier from winter 2025 until October 2026.
