Falko, a UK-based specialist in regional aircraft leasing, has provided a comprehensive summary of its 4Q 2024 and full-year 2024 portfolio activity, showcasing significant achievements in transactions and portfolio management.
AirJapan, a prominent Japanese airline, has announced plans to receive new aircraft during fiscal 2025 to support its ongoing expansion of international operations. This fleet growth will particularly focus on strengthening the airline’s connectivity across Asia, a key market for its strategic growth.
United Airlines, a major US-based carrier, has announced impressive financial results for the fourth quarter of 2024 and the full fiscal year. The airline reported a 7.8% increase in total operating revenue for Q4, reaching $14.7 billion, while achieving a net income of $1.0 billion for the quarter.
easyJet, the UK-based low-cost airline, has reported strong financial results for its fiscal first quarter, highlighting a 13% increase in Group revenue, which reached US$2.5 billion. This growth reflects the airline’s ability to capitalize on rising demand and optimize its operations amidst an improving aviation market.
Air Lease Corporation (ALC), a leading aircraft leasing company based in the United States, has announced the establishment of its commercial paper program. The program enables ALC to issue Notes with an aggregate face or principal amount outstanding under the program capped at US$2.0 billion.
GOL, one of Brazil’s leading airlines, is reportedly engaged in discussions with several major global carriers regarding potential investment opportunities. The airlines involved in these talks include United Airlines and American Airlinesfrom the United States, Air France-KLM, the International Airlines Group (IAG) based in the United Kingdom, and the Lufthansa Group from Germany.
Go First Airways, an Indian low-cost carrier, has been ordered into liquidation by the National Company Law Tribunal (NCLT) after its lenders filed a request for insolvency resolution. The decision marks a critical turning point for the airline, which had been facing financial challenges for some time.
Korean Air, South Korea’s flagship carrier, has successfully secured US$453 million in corporate bond demand forecasting, surpassing its initial target of $137 million by more than threefold. This remarkable interest reflects investor confidence in the airline’s financial stability and growth prospects.
FTAI Aviation, headquartered in the Cayman Islands, has announced plans to redeem all outstanding 4,940,000 8.00% Fixed-to-Floating Rate Series B Cumulative Perpetual Redeemable Preferred Shares. The redemption price is set at $25.00 per Series B Share in cash, along with an additional $2.4 million covering accumulated and unpaid distributions.
Korean Air has announced its decision to proceed with the merger of its three low-cost carriers (LCCs): Jin Air, Air Seoul, and Air Busan. The move comes despite resistance from some Busan-based shareholders, who have voiced concerns about the impact on the local aviation sector and competition.
