BNDES (Brazil) has approved $158 million in financing for Horizon Air (US) to facilitate the acquisition of six Embraer E175 aircraft, scheduled for delivery between 2025 and 2026. This funding underscores Brazil’s continued support for Embraer aircraft sales in international markets.
easyJet (UK) and easyJet FinCo (Netherlands) have issued a prospectus for a $5 billion Euro Medium Term Note (EMTN) Program, reinforcing their strategic financing initiatives to support future growth, fleet investments, and operational resilience.
Alliance Airlines (Australia) has announced a 9.5% increase in statutory profit before tax, reaching $26.2 million for 1H FY2024, while revenues rose by 11.3% to $211.6 million for the period ending 31 December 2024. The company also confirmed the appointment of James Jackson as chairman.
Norwegian has announced plans to establish a new pilot base in Sweden, set to open in April 2025. This move reflects the airline’s long-term commitment to expanding operations in Sweden, which it views as a critical market for 2025 and 2026.
Norwegian has implemented Program X, a strategic profitability program aimed at enhancing cost efficiency and operational synergies. The initiative is led by Jeanette Bo-Alnes, the newly appointed Chief Performance Officer, and will run until at least the end of 2026.
airBaltic (Latvia) has announced a temporary 40% wage reduction for its management board, a voluntary decision aimed at supporting the airline’s financial stability ahead of its planned initial public offering (IPO). The measure will remain in effect until the successful completion of the share listing process.
VoePass, a regional airline in Brazil, is navigating a financial crisis, reporting a $37.2 million debt burden. To mitigate its financial struggles, the airline is demanding $6 million from its partner LATAM Brasil, as it continues discussions with creditors.
ATR, the world’s leading regional turboprop manufacturer, has announced its 2024 full-year financial and operational results, highlighting a 40% increase in aircraft orders, totaling 56 new aircraft. The company achieved a book-to-bill ratio well above 1, reinforcing its strong market position in regional aviation.
Norwegian Group has released its financial results for 2024, highlighting a 38% increase in operating revenue to $3.1 billion. Despite this significant revenue growth, the company experienced a 22% decline in net profit, totaling $120.5 million for the year.
Juneyao Air, a prominent Chinese airline, has unveiled a share repurchase program intending to buy back up to 31.6 million shares, with the total repurchase amount not exceeding $68.4 million. The repurchase price is capped at CNY 15.80 per share.
