Spirit Airlines, a major U.S.-based ultra-low-cost carrier, has successfully completed a private offering of its Class B® Pass Through Certificates, Series 2025-1B®, with an aggregate face amount of US$215 million. The offering represents another strategic move to bolster the airline’s financial flexibility as it navigates current industry challenges and positions itself for long-term sustainability.
SMBC Aviation Capital Finance, a subsidiary of SMBC Aviation Capital based in Ireland, has successfully completed the sale of US$500 million in five-year senior unsecured notes, priced at a principal rate of 5.10%. The offering represents a major financing initiative for the aircraft leasing group as it continues to expand and optimize its capital structure.
Air Mauritius has received a critical financial lifeline from its parent company, Airport Holdings Ltd (AHL), which has formally converted a US$176 million shareholder loan into equity. This move comes as AHL acknowledges the airline’s ongoing financial challenges and aims to stabilize its capital structure during a period of fiscal strain.
Aerolineas Argentinas, the national carrier of Argentina, has reported a confirmed net profit of US$114 million for the year 2024. The figure was validated by the country’s Treasury Department, marking a significant financial milestone for the airline after years of fiscal challenges.
Aero Capital Solutions (ACS), based in the United States, has announced the final closing of its fourth and largest aviation investment vehicle to date, securing total aggregate equity commitments of US$936 million. The fund underscores the growing investor appetite for aviation assets and ACS’s expanding role as a major player in the aircraft leasing and investment…
Israir has disclosed its financial results for 2024, showcasing a significant improvement in both revenue and profitability. The Israeli carrier’s revenue soared by 16.2% to reach US$453 million, a testament to its growing influence and expanding operations in the aviation market.
Vietnam Airlines has successfully achieved a profit of $311.2 million for the year 2024, with the total revenue and other income amounting to $4.4 billion.
Utair, a key player in the Russian aviation sector, has announced a net profit of $10.3 million for the year 2024. The airline also saw a significant increase in its revenue, which rose by 20.9% to reach $941.9 million.
Surf Air Mobility, a U.S.-based aviation company, has formally entered into definitive agreements for a significant fundraising effort through a registered direct offering. This strategic financial maneuver involves the sale of 2 million shares of its common stock, aiming to raise a total of $5 million.
S7 Airlines, one of Russia’s premier carriers, experienced a significant drop in net profit by 33.5%, totaling $166.6 million for the year 2024, despite a marginal revenue increase of almost 1% to $2.2 billion.
