Chorus Aviation Launches $17.5M Share Buyback Program

ByAdmin 07/04/202508/04/2025

Chorus Aviation, based in Canada, has announced its intention to initiate a substantial issuer bid (SIB) through which the company will offer to repurchase up to US$17.5 million worth of its outstanding Class A Variable Voting Sharesand Class B Voting Shares. The move is part of Chorus Aviation’s ongoing capital management strategy aimed at delivering value to shareholders.

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Airlines | Network

WestJet Resumes Halifax-Paris Service for Summer 2025

ByAdmin 20/11/202422/11/2024

WestJet, Canada’s prominent low-cost carrier, has announced the return of its seasonal service between Halifax (YHZ)and Paris (CDG) for summer 2025. This transatlantic route will complement WestJet’s growing European network, which also includes services to Edinburgh, Dublin, and London, all resuming in May 2025.

Airbus | Financial | Fleet | Lessor | Transactions

CDB Aviation Finalizes Sale of Eight Airbus A330 Aircraft

ByAdmin 31/10/202403/11/2024

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), has announced the successful completion of a mandate to sell eight Airbus A330-200 aircraft. This transaction underscores CDB Aviation’s robust asset management capabilities and its commitment to delivering tailored solutions for its stakeholders.

Airlines | Crisis | Financial | Flag Carrier

Boliviana de Aviación Faces Operational Challenges Due to Lease Payment Delays

ByAdmin 12/12/202413/12/2024

Boliviana de Aviación (BoA), Bolivia’s national airline, is grappling with significant operational challenges due to financial constraints. The carrier has been unable to pay the leases for six of its aircraft, resulting in their grounding. Additionally, two more planes remain out of service due to ongoing maintenance, further impacting the airline’s operational capacity.

Airlines | Corporation | Financial | Flag Carrier | Traffic

Grupo Aeromexico Reports Passenger Growth in November 2024

ByAdmin 08/12/202410/12/2024

Grupo Aeromexico, one of Mexico’s leading carriers, reported a steady rise in passenger numbers for November 2024, highlighting a 0.3% year-on-year increase to reach 2.0 million passengers. The airline also saw notable growth in key operational metrics, reflecting its robust recovery and growing demand for air travel.

Airlines | Financial | Quarterly Performance

Avianca Reports $58 Million Net Profit for Q3 2024

ByAdmin 01/12/202404/12/2024

Avianca Group International (Colombia) has reported strong financial results for the third quarter of 2024, posting a net profit of $58 million. The airline also saw a 17.6% increase in total operating revenues, reaching $1.3 billion, and ended the quarter with a robust cash position of $1.1 billion.

Corporation | Engines | Pratt & Whitney | Transactions

ACIA Aero Leasing Signs Contract for PW127M Engines

ByAdmin 16/10/202416/10/2024

ACIA Aero Leasing, based in Ireland, has signed a contract with Pratt & Whitney Canada for the purchase of ten new PW127M engines.

Airlines | Network

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