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.
Vietravel Airlines, a Vietnamese carrier operating under the tourism-focused Vietravel Group, has received formal approval from its shareholders to increase its charter capital to $100 million. This significant move aims to bolster the airline’s financial foundation and support expansion efforts amid the region’s ongoing aviation recovery.
Air Canada has released preliminary results for its recently concluded substantial issuer bid, part of its ongoing efforts to enhance shareholder value and optimize capital structure. The airline had invited shareholders to tender their Class A Variable Voting Shares and Class B Voting Shares, offering to buy back up to $436 million worth of shares at prices ranging from $13.40 to…
Aeroflot Group has posted a robust financial performance for the first quarter of 2025, with revenues climbing 9.6% year-on-year to reach $2.4 billion. This growth reflects a rebound in international travel, higher load factors, and increasing passenger numbers across its domestic and global networks.
Willis Lease Finance Corporation, through its wholly owned subsidiary Willis Engine Structured Trust VIII, has successfully completed a $596 million asset-backed securities (ABS) offering. The transaction includes the issuance of $524 million in Series A Fixed Rate Notes and $72 million in Series B Fixed Rate Notes, underscoring the firm’s continued use of capital markets to finance its engine leasing portfolio.
Sun PhuQuoc Airways, a Vietnamese carrier backed by Sun Group, is set to receive a fresh equity contribution of $38 million from its parent company. This capital injection is part of a broader $95.9 million investment plan for a long-term aviation project with a 50-year horizon, aimed at strengthening the airline’s position in the Vietnamese and regional market.
