Virgin Australia has officially marked its return to the Australian Securities Exchange (ASX) following a successful initial public offering (IPO) that raised $439 million, signaling a major step in the airline’s post-restructuring comeback. This IPO marks the airline’s second listing after its 2020 voluntary administration and subsequent ownership change under Bain Capital.
Garuda Indonesia is set to receive a substantial $405 million shareholder loan from Danantara Asset Management, Indonesia’s sovereign wealth fund, in a significant move aimed at bolstering the national carrier’s financial stability and operational recovery. This funding is part of a wider $1 billion support package intended to ensure the airline’s long-term viability.
Aurigny, the flag carrier of Guernsey, has reported a net loss of $8.7 million for the year 2024, attributing the deficit largely to increased wet lease expenses and continuing global supply chain issues. These financial headwinds have posed significant operational challenges for the regional airline, which serves routes between the Channel Islands and the UK mainland.
Air Serbia has announced its expectations for 2025, forecasting that the airline will carry over 4.7 million passengersduring the calendar year. Accompanying this ambitious traffic target, the airline projects revenue to surpass $806 million, a significant step forward from its previous benchmarks and a strong indication of its growing market presence and operational momentum.
Air Austral has reported a 1.6% increase in revenue to $514 million for the fiscal year 2024–25, which ended on 31 March 2025, marking a modest improvement in its top-line performance. However, despite the revenue growth, the airline ended the year with a net deficit just under $12.6 million, continuing its struggle to reach financial stability.
Fuji Dream Airlines, a regional Japanese airline known for its colorful fleet and domestic network, has launched a new executive leadership structure by appointing Shunsuke Honda as its new president. This change follows the retirement of Shunichi Kusunoki, who had served in the role and overseen significant developments in the airline’s operations.
Air Algerie, Algeria’s national airline, has signed a Memorandum of Understanding (MOU) with Sonatrach Holding, the country’s state-owned oil and gas conglomerate, to facilitate the transfer of ownership of Tassili Airlines. The agreement focuses on consolidating external and support aviation activities, indicating a broader restructuring within Algeria’s state-owned enterprises.
Sabena technics, a leading French independent MRO provider, has signed a Memorandum of Understanding (MOU)with Aer Lingus, Ireland’s flag carrier, to provide comprehensive base maintenance and aircraft enhancements for the airline’s Airbus A330 fleet. The work will be carried out at Sabena technics’ Bordeaux facility over a three-year period from 2026 to 2029.
SMBC Aviation Capital, one of the world’s leading aircraft leasing firms based in Ireland, has finalized an agreement to lease one Airbus A320neo to Air Cairo, an Egyptian low-cost and charter carrier. The aircraft is scheduled for delivery in 2026, further supporting Air Cairo’s ongoing strategy to modernize and expand its fleet.
Jambojet, the low-cost subsidiary of Kenya Airways, has announced the acquisition of its ninth aircraft, a De Havilland Canada Q400 turboprop, which is expected to arrive within the next week. This addition reinforces the airline’s strategy to expand and strengthen its domestic and regional presence in East Africa.
