SpiceJet founder and chairman Ajay Singh will inject US$33.8 million into the airline through the conversion of warrants into equity shares. This move will significantly raise his stake, pushing his overall shareholding to more than 33%.
IAG (UK) has announced the launch of IAGi Ventures, its new corporate venturing arm, with plans to invest up to $216 million over five years in high-potential companies. The initiative aims to drive innovation, technological advancements, and strategic business growth, strengthening IAG’s long-term position in the aviation and travel sectors.
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.
Air Europa, a leading Spanish airline, is attracting significant investment interest from major global carriers as it prepares for a capital increase. According to CEO Jesus Nuno de la Rosa, potential investors include Air France-KLM, Lufthansa, Etihad Airways, and Delta Air Lines. The airline expects up to 20% of its capital to be subscribed through new shares before the summer of 2025.
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.
Thai Airways International has undergone a significant shareholding restructure as part of a debt-to-equity conversion, altering the composition of its major shareholders. This move is a key element of Thai Airways’ broader restructuring plan aimed at improving its financial stability and positioning the airline for long-term recovery.
Air Belgium has confirmed receiving a bid from a single investor by the November 15, 2025 deadline. The bid is reportedly focused on acquiring either the passenger or cargo division of the carrier. The airline now has until December 5, 2024, to either accept or reject the offer.
Klaus-Michael Kuhne, a significant shareholder of Lufthansa Group, has publicly voiced concerns about a perceived decline in service quality at Lufthansa and its subsidiary, SWISS. In his statement, Kuhne highlighted dissatisfaction with operational standards and hinted at plans to exert greater influence on the airline’s management to address these issues.
Embraer, the Brazilian aerospace manufacturer, is exploring the possibility of launching a new commercial airplane program, with potential investment support from Saudi Arabia’s Public Investment Fund (PIF). This development marks a strategic shift in Embraer’s search for partners, moving its focus from Asia to the Middle East, as it seeks funding and collaboration to advance its aviation ambitions.
TransVerde Airlines, a new carrier in Cabo Verde, is actively seeking $15 million through a mix of equity and debt financing to fund the launch of its domestic passenger and cargo operations. The airline, led by founder and president Rui Lima, plans to operate with three leased ATR42/72 aircraft. Brookfield Aviation Finance from the UK is advising TransVerde on securing the necessary funding, which will…
