airBaltic (Latvia) is evaluating a potential initial public offering (IPO) on the London Stock Exchange (LSE) as soon as the second quarter of 2025, with the goal of raising up to $328 million. While the airline has expressed interest in the listing, no final decision has been made regarding the timing or structure of the offering.
Spirit Aviation Holdings (US), the parent company of Spirit Airlines, has announced that Spirit Airlines has successfully completed its financial restructuring, marking a significant step in stabilizing its financial position and reducing debt obligations. The airline converted approximately $795 million of funded debt into equity, significantly lowering its leverage and improving its financial flexibility.
SkyWest Charter (US) has responded to objections raised by the US Department of Transportation (DOT), asserting that it is fully fit, willing, and able to conduct passenger operations as a commuter air carrier. The statement comes amid ongoing regulatory scrutiny, with the DOT questioning certain aspects of SkyWest Charter’s business model and operational structure.
Jazeera Airways (Kuwait) Chairman Marwan Boodai has clarified that the $236 million ruling in favor of the Ministry of Defense in the balloon case will not have any financial impact on the airline, as the liability is fully covered by insurance.
Hanjin Group Chairman Cho Won-tae has officially stated that Air Busan (South Korea) will not be sold as a separate entity, reinforcing the group’s commitment to maintaining its aviation portfolio. Amid speculation about potential restructuring or divestment, Cho’s remarks affirm that Air Busan will remain under Hanjin Group’s control, ensuring stability for the airline.
Vietjet (Vietnam) and Satair (Denmark) have entered into a multi-year partnership for Satair’s Integrated Material Services (IMS), covering spare parts and material support for Vietjet’s entire Airbus A320 and A330 fleet. This collaboration will enhance fleet reliability, maintenance efficiency, and operational cost management for the airline.
Lufthansa Technik Malta has announced plans to build a new 6,400-square-meter hangar to support Boeing 787 cabin modifications, strengthening its MRO (Maintenance, Repair, and Overhaul) capabilities. The expansion will enable the company to increase service capacity and accommodate growing demand for cabin retrofits and upgrades.
AAR (US) has signed a multi-year nacelle maintenance, repair, and overhaul (MRO) agreement with Cebu Pacific Air (Philippines) to support the airline’s Airbus A320 fleet, powered by CFM56-5B engines. The contract will see AAR performing nacelle MRO services at its Chonburi, Thailand facility, reinforcing its commitment to expanding support for Asia-Pacific carriers.
TAAG Angola has expanded its fleet with the delivery of an Airbus A220-300, serial 55334, powered by Pratt & Whitney PW1500G engines. This latest addition aligns with the airline’s modernization strategy, improving fuel efficiency, passenger comfort, and operational flexibility.
Sky Vision Airlines (Egypt) has taken delivery of its first Airbus A321-200P2F (Passenger-to-Freighter) conversion, serial 1707, on lease from Juniper Aviation Investments (Singapore). This aircraft marks a significant milestone in the airline’s expansion into dedicated cargo operations, leveraging the efficiency and payload capabilities of the A321-200P2F.
