AerDragon Aviation Leasing Company of China has entered into a significant financial transaction by securing a US$200 million debut unsecured syndicated facility. This three-year facility marks the company’s first foray into syndicated financing, providing a strategic boost for its leasing operations.
Grupo SATA (Portugal) has disclosed its 2024 financial results, highlighting significant challenges faced by both Azores Airlines and SATA Air Acores. Azores Airlines ended the year with a net loss of $81.1 million on revenues of $382.9 million, while SATA Air Acores reported a negative result of $13.2 million with revenues around $68.3 million.
GOL (Brazil) has announced that following a recent capitalization initiative, its common and preferred stock is now 80%owned by its parent company, Abra Group (UK). This move consolidates Abra Group’s position as the controlling stakeholder in the Brazilian carrier, strengthening its influence over GOL’s operations and future strategy.
Air India has reported impressive revenue growth for the fiscal year 2025, with revenues climbing nearly 14% to reach $7.1 billion. This marks a substantial increase for the Indian flag carrier, which also posted an operating profit during this period.
Willis Lease Finance (US) has announced that its subsidiary, Willis Engine Structured Trust VIII, has successfully priced $524 million in aggregate principal amount of Series A Fixed Rate Notes and $72 million in Series B Fixed Rate Notes.
Breeze Airways (US), led by CEO David Neeleman, is actively planning for a potential initial public offering (IPO) in 2026. The airline is optimistic about this next phase of growth following its first profitable quarter earlier in 2025.
Air T (US) has announced the successful renegotiation of a critical financing agreement involving its wholly owned subsidiary, AAM 24-1. This new transaction has grown to a total of $100 million, aimed at supporting the growth and strategic initiatives of Crestone Air Partners.
Wizz Air Holdings (Hungary) has reported its financial results for the fiscal year ending 31 March 2025. The company’s total revenue increased by 3.8%, reaching US$6.0 billion. Despite this rise in revenue, Wizz Air’s net profit experienced a significant decline of 41.5%, dropping to $243.8 million. The carrier also reported a total cash position of $1.97 billionat the end of the period.
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.
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.
