Capital A, the parent company of AirAsia, has successfully completed its $226 million private placement, according to Group CEO Tony Fernandes. While the investment round is finalized, no details on the investors have been disclosed. The funds are expected to support Capital A’s ongoing restructuring and expansion strategy.
American Airlines has adjusted its Q1 2025 revenue guidance, now expecting flat revenue growth, a downgrade from its initial forecast of a 3-5% increase. The revision reflects weaker-than-anticipated demand trends, competitive pricing pressures, and macroeconomic factors impacting air travel.
airBaltic has reported strong passenger growth for February 2025, carrying 289,500 passengers, a 4% increasecompared to the same period last year. This marks the highest February passenger count in the airline’s history, reflecting its continued expansion and operational efficiency.
Willis Lease Finance Corporation has released its 2024 financial results, highlighting a strong revenue performance and substantial net income growth. The company reported total revenues of $569.2 million, reflecting increased demand for engine leasing and asset management services.
Silver Airways and its subsidiary Seaborne Virgin Islands have been granted approval to extend the 60-day period under Section 1110 of the U.S. Bankruptcy Code as part of their ongoing Chapter 11 restructuring efforts. This extension allows the carriers to maintain control of their aircraft and essential assets, ensuring operational continuitywhile they restructure financially.
Ryanair Holdings, the Ireland-based low-cost airline group, has lifted its prohibition on non-EU nationals purchasing ordinary shares. This decision ensures continued compliance with EU airline ownership and control regulations, allowing the company to maintain its operating licenses and market position.
Capital A, the parent company of AirAsia, has secured approval from Bursa Malaysia Securities for its proposed regularisation plan, a key milestone in its efforts to exit Practice Note 17 (PN17) status. This approval allows the company to move forward with its financial restructuring and business reorganisation, reinforcing its long-term growth strategy.
Fitch Ratings has upgraded United Airlines’ Issuer Default Rating (IDR) from ‘BB-‘ to ‘BB’, with a Positive outlook, signaling confidence in the airline’s continued financial recovery and operational strength. The rating upgrade reflects improved financial metrics, as United has successfully reduced debt levels, enhanced liquidity, and strengthened profitability. The airline’s ability to optimize its route network, manage costs efficiently, and sustain strong…
TAP Air Portugal has successfully secured US$210 million in financing, with the debt maturing in 2029 and carrying an interest rate of 4.467%. This strategic financial move is part of TAP’s ongoing efforts to strengthen its capital structure and support its operational and strategic initiatives.
SWISS has reported a robust financial performance for the 2024 fiscal year, achieving an operating profit of US$769 million. This marks the airline’s second-highest annual earnings in its history, following record results in 2023. The airline also recorded total revenues of US$6.2 billion, reflecting a 6% increase from the previous year and reaching an all-time high.
