Chorus Aviation (Canada) has released its 2024 financial results, highlighting a net loss of $110 million for the year. Despite this, the company saw a 0.4% revenue increase, reaching $985 million.
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China’s Commercial Aircraft Corporation (COMAC) has opened an office in Hong Kong, its second international location established this week, following the launch of a Singapore office. This expansion marks a strategic step for COMAC, the developer of China’s ARJ21 and C919 commercial aircraft, as it aims to increase its footprint in key global markets and…
Virgin Australia, currently majority-owned by Bain Capital (US), is actively preparing for a significant transition back to public trading through an Initial Public Offering (IPO) on the Australian Securities Exchange (ASX). This week, Virgin Australia executives are scheduled to meet with potential investors to discuss the upcoming IPO and outline the airline’s strategic direction and financial…
Air Transport Services Group (ATSG), a prominent provider of air cargo and aircraft leasing services in the U.S., is set to be acquired by Stonepeak, a leading investment firm, in a transaction valued at approximately $3.1 billion, including debt. This acquisition marks a significant expansion of Stonepeak’s presence in the aviation sector, particularly in cargo…
Asiana Airlines (South Korea) has successfully repaid $2.6 billion in loans received from the Export-Import Bank of Korea, the Key Industrial Stability Fund, and the Korea Development Bank. The repayment eliminates a major financial burden for the airline, positioning it for long-term stability and a smoother transition amid its planned merger with Korean Air.
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of American Airlines Group Inc. at ‘B+’. This rating reflects the company’s ongoing efforts to manage its financial profile amidst a competitive industry landscape.
Air New Zealand has announced the commencement of a share buyback program starting 07 March 2025, aiming to repurchase up to 343.7 million shares for a maximum total of $57 million. This initiative forms part of the airline’s capital management strategy, reflecting confidence in its financial position and future growth prospects.
China’s Commercial Aircraft Corporation (COMAC) has opened an office in Hong Kong, its second international location established this week, following the launch of a Singapore office. This expansion marks a strategic step for COMAC, the developer of China’s ARJ21 and C919 commercial aircraft, as it aims to increase its footprint in key global markets and…
Virgin Australia, currently majority-owned by Bain Capital (US), is actively preparing for a significant transition back to public trading through an Initial Public Offering (IPO) on the Australian Securities Exchange (ASX). This week, Virgin Australia executives are scheduled to meet with potential investors to discuss the upcoming IPO and outline the airline’s strategic direction and financial…
Air Transport Services Group (ATSG), a prominent provider of air cargo and aircraft leasing services in the U.S., is set to be acquired by Stonepeak, a leading investment firm, in a transaction valued at approximately $3.1 billion, including debt. This acquisition marks a significant expansion of Stonepeak’s presence in the aviation sector, particularly in cargo…
Asiana Airlines (South Korea) has successfully repaid $2.6 billion in loans received from the Export-Import Bank of Korea, the Key Industrial Stability Fund, and the Korea Development Bank. The repayment eliminates a major financial burden for the airline, positioning it for long-term stability and a smoother transition amid its planned merger with Korean Air.
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of American Airlines Group Inc. at ‘B+’. This rating reflects the company’s ongoing efforts to manage its financial profile amidst a competitive industry landscape.
Air New Zealand has announced the commencement of a share buyback program starting 07 March 2025, aiming to repurchase up to 343.7 million shares for a maximum total of $57 million. This initiative forms part of the airline’s capital management strategy, reflecting confidence in its financial position and future growth prospects.
China’s Commercial Aircraft Corporation (COMAC) has opened an office in Hong Kong, its second international location established this week, following the launch of a Singapore office. This expansion marks a strategic step for COMAC, the developer of China’s ARJ21 and C919 commercial aircraft, as it aims to increase its footprint in key global markets and…
Virgin Australia, currently majority-owned by Bain Capital (US), is actively preparing for a significant transition back to public trading through an Initial Public Offering (IPO) on the Australian Securities Exchange (ASX). This week, Virgin Australia executives are scheduled to meet with potential investors to discuss the upcoming IPO and outline the airline’s strategic direction and financial…
Air Transport Services Group (ATSG), a prominent provider of air cargo and aircraft leasing services in the U.S., is set to be acquired by Stonepeak, a leading investment firm, in a transaction valued at approximately $3.1 billion, including debt. This acquisition marks a significant expansion of Stonepeak’s presence in the aviation sector, particularly in cargo…
Asiana Airlines (South Korea) has successfully repaid $2.6 billion in loans received from the Export-Import Bank of Korea, the Key Industrial Stability Fund, and the Korea Development Bank. The repayment eliminates a major financial burden for the airline, positioning it for long-term stability and a smoother transition amid its planned merger with Korean Air.
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of American Airlines Group Inc. at ‘B+’. This rating reflects the company’s ongoing efforts to manage its financial profile amidst a competitive industry landscape.
Air New Zealand has announced the commencement of a share buyback program starting 07 March 2025, aiming to repurchase up to 343.7 million shares for a maximum total of $57 million. This initiative forms part of the airline’s capital management strategy, reflecting confidence in its financial position and future growth prospects.
