Moody’s has recently announced a significant downgrade of the corporate family rating for Azul (Brazil), reducing it from Caa2 to Ca. This move by the rating agency reflects increasing concerns about the airline’s financial position and overall risk profile. The downgrade also extends to Azul Secured Finance and Azul Investments, underscoring the broader impact across the group’s financial entities.
Etihad has recently expanded its fleet with the delivery of one Boeing 787-9 aircraft, registered as A6-BNH. This aircraft is powered by GEnx-1B74/75 engines, known for their improved fuel efficiency and environmental performance. The delivery marks a significant milestone for Etihad, as the airline continues to modernize its long-haul fleet with state-of-the-art, fuel-efficient aircraft.
Air Zimbabwe has announced plans to sell two B777-200ER aircraft, serial numbers 28421 and 28422, in an “as-is” condition to help settle its outstanding debts. The airline is seeking bids for the aircraft by 25 July 2025, marking a significant move to reduce financial pressures and stabilize its operations.
Air Cairo is poised to bolster its fleet with the delivery of two Airbus A320 aircraft, identified by serial numbers 6500and 6458. These aircraft acquisitions are facilitated under a lease agreement with Macquarie AirFinance, a major aircraft leasing company based in Ireland. This move marks a strategic expansion for the Egyptian carrier, strengthening its capacity and operational flexibility.
Air Arabia Abu Dhabi, the UAE-based low-cost carrier, has expanded its fleet with the addition of two A320 aircraft. The new aircraft, bearing serial numbers 5004 and 5058, are powered by CFM56-5B4/3 engines, aligning with the airline’s focus on maintaining operational efficiency and reliability.
Norway has sold its entire 6.37% stake in Norwegian, a move involving around 65.5 million shares. This decision represents a major step in the Norwegian government’s efforts to reduce its exposure to commercial airline investments and reflects broader shifts in its aviation policy.
Virgin Australia is set to launch an initial public offering (IPO) as part of its strategic plan to diversify its shareholder base. According to reports, the carrier will offer a significant portion of its shares to new investors, a move designed to reduce the controlling stake of Bain Capital while maintaining the position of Qatar Airways as a key shareholder.
Qatar Airways has signed an agreement with Qatari banks led by QNB Group to secure $1.2 billion in strategic financing. This substantial funding package is structured in both conventional and Islamic tranches and is designed to support the airline’s ongoing growth and maintain financial stability in a volatile market environment.
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.
Volaris, a leading low-cost carrier in Mexico, and Hainan Airlines, a major Chinese airline, are planning to launch a codeshare agreement in the second half of 2025, pending regulatory approval. This strategic partnership is expected to enhance passenger connectivity between Mexico and China, expanding travel options and boosting economic and cultural exchanges.
