Air Europa has formally agreed to a €300 million (approximately $349 million) investment offer from Turkish Airlines in exchange for a minority stake in the Spanish carrier. The strategic move is designed to bolster Turkish Airlines’ reach into the Latin American market, a region where it seeks deeper connectivity despite the two carriers belonging to different global alliances—SkyTeam for Air Europa and Star…
Sun PhuQuoc Airways, a Vietnamese carrier backed by Sun Group, is set to receive a fresh equity contribution of $38 million from its parent company. This capital injection is part of a broader $95.9 million investment plan for a long-term aviation project with a 50-year horizon, aimed at strengthening the airline’s position in the Vietnamese and regional market.
Hyundai Glovis, the South Korean logistics and transport affiliate of Hyundai Motor Group, has strengthened its commitment to the aviation cargo sector by increasing its investment in the Socius Korea Investment No. 1 Corporate Financial Stability Private Equity Partnership. The fund is the major backer of Air Incheon, which is in the process of acquiring Asiana Cargo. With…
India is actively encouraging its airlines to explore potential investments in Air Mauritius, following a direct request from the island nation for increased support and enhanced connectivity. Air Mauritius is grappling with a negative equity of $237 million, marking a severe financial crisis for the carrier that has long played a crucial role in connecting the Indian subcontinent with the…
AIP Capital, a U.S.-based aviation investment and asset management firm, is preparing for a substantial acquisition of Boeing 737 MAX aircraft, leveraging its $321 million pre-delivery payment (PDP) financing fund. This move forms part of AIP’s broader strategy to expand its aircraft portfolio and deepen its footprint in the global leasing space.
Air Europa (Spain) is actively exploring the possibility of selling up to 25% of its capital as it seeks to secure a strategic investor to navigate ongoing economic pressures. The airline’s board of directors is expected to convene to review potential investor interest and set a framework for the partial divestment, driven by diminishing travel demandand the economic impact of US-imposed tariffs.
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…
Kenya Airways is actively seeking a significant capital infusion of up to $2 billion. This strategic move is intended to manage its existing debt and facilitate an ambitious fleet expansion to enhance its operational capabilities.
Kenya Airways, the flag carrier of Kenya, is currently in the process of seeking a strategic investor to aid in its financial recovery and future growth plans. This search is part of a broader strategy that includes completing a significant capital restructuring and enhancing liquidity to ensure sustainable operations.
France-based global logistics leader CMA CGM has officially submitted a bid to acquire the cargo operations of Air Belgium. A court ruling on the proposed acquisition is expected by 27 March 2025.
