Chorus Aviation Repays Senior Debentures and Redeems Preferred Shares

ByAdmin 02/01/202507/01/2025

Chorus Aviation (Canada) has announced the full repayment of its outstanding 5.75% Senior Unsecured Debentures due on December 31, 2024. The repayment amounted to US$59.9 million, along with all accrued and unpaid interest, settled entirely in cash. This milestone marks the company’s commitment to maintaining its financial responsibilities and strengthening its capital structure.

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Airlines | Financial

Air Astana Group Reports 10.4% Revenue Growth in Q3 2024

ByAdmin 05/11/202407/11/2024

Air Astana Group, the national airline group of Kazakhstan, has reported strong financial results for the third quarter of 2024, achieving a 10.4% increase in total revenue and other income, reaching $410 million. The group’s adjusted EBITDAR rose by 12.6% to $128.8 million, reflecting operational efficiency and growing demand across its network. With a robust…

Boeing | Corporation | Manufacturers

Boeing Delivers 14 Aircraft in October 2024, Receives Order for Seven B777Fs

ByAdmin 13/11/202414/11/2024

In October 2024, Boeing recorded its lowest monthly delivery total since November 2020, with only 14 aircraft delivered. This marks a notable drop for Boeing, reflecting the challenges the manufacturer is facing in maintaining consistent delivery numbers. Despite the low output, Boeing received an order for seven B777F freighters from an unidentified customer or customers, highlighting ongoing demand for cargo aircraft even amid production…

Corporation | Financial

Avation Repurchases 7.8 Million Shares

ByAdmin 18/12/202423/12/2024

Avation, the Singapore-based leasing company, has successfully completed the repurchase of 7.8 million shares through the market. This accounts for 10.45% of the company’s 74.6 million ordinary shares in issue. The repurchased shares will be held in treasury, reflecting the company’s strategic approach to managing its equity structure.

Corporation | Merger

SMFL LCI Helicopters to Acquire Macquarie Rotorcraft, Expanding Global Fleet

ByAdmin 11/03/202513/03/2025

SMFL LCI Helicopters, the joint venture between Sumitomo Mitsui Finance & Leasing Co. and LCI Investment, has announced an agreement to acquire Macquarie Rotorcraft, a major helicopter leasing company. This acquisition will significantly expand SMFL LCI’s fleet, strengthening its position in global rotorcraft leasing across sectors such as offshore transportation, emergency medical services, search and rescue, and utility operations.

Airlines | Financial | Low Cost Carrier | Management

Ryanair Confirms 47% EU Ownership as of March 2025

ByAdmin 08/04/202509/04/2025

Ryanair Holdings, headquartered in Ireland, has confirmed that 47% of its issued share capital was held by EU nationals at the close of its financial year on 31 March 2025. The disclosure reflects the airline group’s continued monitoring and compliance efforts with European Union ownership requirements.

Airlines | Financial

Spring Airlines Announces $21-42M Share Repurchase Plan

ByAdmin 08/11/202412/11/2024

Spring Airlines, a major low-cost carrier in China, has unveiled plans for a share repurchase valued between $21 and $42 million. The repurchase will be conducted through centralized bidding and is set to be entirely self-funded, reflecting the airline’s financial strength and commitment to enhancing shareholder value.

Airlines | Financial

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