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Lufthansa Issues €515M Hybrid Bond

Lufthansa has successfully issued an unsecured euro hybrid bond with a total volume of US$515 million (approximately €475 million). This bond is part of Lufthansa’s financial strategy to maintain liquidity and strengthen its financial position. The bond bears an interest rate of 5.25% per annum and has a term of 30 years, demonstrating Lufthansa’s confidence in its long-term stability and growth.

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Azul and GOL Merger Discussions Progress

Azul (Brazil) is reportedly on the verge of signing a Memorandum of Understanding (MOU) with Abra Group (UK)in the coming weeks, paving the way for a potential merger with GOL (Brazil). This move could mark a significant shift in Brazil’s aviation market, bringing together two major carriers to create a dominant player in the region.

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Finnair Reports 5.6% Passenger Growth for December 2024

Finnair (Finland) reported a 5.6% increase in passenger numbers for December 2024, transporting a total of 927,000 passengers. The airline also saw its Revenue Passenger Kilometers (RPKs) rise by 6.7%, while Available Seat Kilometers (ASKs) decreased by 2.2%. Notably, the Passenger Load Factor (PLF) improved by 6.5 points, reaching 77.4%.

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Lufthansa to Take Stake in ITA Airways

Lufthansa Group (Germany) is poised to finalize a major deal to acquire a stake in ITA Airways (Italy) on January 13, 2025, marking the culmination of years of negotiations. This strategic investment is expected to strengthen Lufthansa’s position in the European aviation market and provide ITA Airways with a stable partner to support its growth and modernization efforts.