Azul Linhas Aéreas, Brazil’s largest regional carrier, is pushing deeper into its Chapter 11 restructuring plan with sweeping measures designed to reset its balance sheet and stabilize operations. The airline confirmed it will return 20 aircraft, most of them older Embraer E195s already parked, while simultaneously trimming its network by exiting more than 15 cities and cutting 50 routes.
Avolon Holdings Limited, a leading global aviation finance company, announced the early results of its cash tender offers for outstanding notes, with demand far exceeding initial expectations. Conducted through its wholly owned subsidiary Avolon Holdings Funding Limited, the process has led the company to raise its maximum tender cap from $750 million to $1 billion.
airBaltic, the Latvian national carrier, has issued a preliminary trading update for July–August 2025, ahead of its Q3 interim results due in November. The airline highlighted a 12% year-on-year increase in ticket yields for Augustand consistent growth in revenue per available seat kilometer (RASK), even as overall passenger volumes declined.
Turkish Airlines has released its August 2025 traffic results, highlighting strong growth across both passenger and cargo operations. The airline carried over 9 million passengers during the month, representing a 12.8% year-on-year increase, while the passenger load factor rose to 86.2%, up from 85.2% in August 2024.
Avolon Holdings Limited (Avolon), one of the world’s leading aviation finance companies, has announced the pricing of a US$1.25 billion private offering of 4.950% senior unsecured notes due 2032. The issuance is being made through its wholly owned subsidiary, Avolon Holdings Funding Limited (AHFL).
Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, reported a 39% year-on-year increase in net income after tax (NIAT) for the first half of 2025. The improvement was attributed to favorable fuel prices, the stronger ringgit, and operational efficiency gains achieved through ongoing fleet renewal.
Emirates has taken another decisive step in its fleet expansion strategy by securing a groundbreaking aircraft financing agreement with Emirates NBD for two Boeing 777 Freighter aircraft. This marks the airline’s first direct, mortgage-style financing structure conducted entirely in the UAE, without reliance on traditional offshore vehicles.
Etihad Airways has reported its strongest-ever half-year performance, achieving record profitability, passenger numbers, and fleet growth in the first six months of 2025. The Abu Dhabi-based carrier continues to build momentum through network expansion, operational efficiency, and enhanced customer service.
The Portuguese government has formally set the valuation for the partial privatization of TAP Air Portugal (TP), placing a $817.7 million price on a 44.9% minority stake in the national carrier. In addition, 5% of the airline’s shares will be reserved for employees, while the state will retain majority ownership to safeguard strategic control.
Bain Capital and Atlas Air, through their subsidiary Titan Aviation Leasing, have announced the launch of Titan Aircraft Investments II, a new freighter aircraft investment platform backed by a $410 million capital commitment. This initiative aims to provide innovative leasing solutions and meet the growing global demand for dedicated cargo aircraft capacity.
