easyJet, the UK-based low-cost airline, has reported strong financial results for its fiscal first quarter, highlighting a 13% increase in Group revenue, which reached US$2.5 billion. This growth reflects the airline’s ability to capitalize on rising demand and optimize its operations amidst an improving aviation market.
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IAG (UK) has announced the completion of the first US$567 million tranche of its US$1.13 billion share buyback program, following the last share acquisition on 29 May 2025. This strategic move is part of IAG’s broader plan to return value to shareholders and strengthen its financial position.
SriLankan Airlines has announced plans to resume direct flights between Colombo and Beijing Capital International Airport, starting July 2, 2025. The service will be operated using the airline’s Airbus A330-200, providing enhanced connectivity between Sri Lanka and China.
Air Lease Corporation (US) has revealed its key activities for the fourth quarter of 2024, showcasing significant progress in its operations and financial strategies. The company delivered 18 new aircraft to its customers and successfully completed the sale of 14 aircraft to third-party buyers, generating $540 million in proceeds.
Abra Group (UK) continues to express interest in SKY Airline (Chile), with the option to convert an existing loan into shares. This arrangement provides the Group with a potential future stake in the Chilean low-cost carrier, reinforcing its presence in the South American market.
Sun Country Airlines has strengthened its financial position by raising $60 million through a new C-tranche appended to its 2019-1 Enhanced Equipment Trust Certificate (EETC). The airline used the full amount to pay down a significant portion of its term loan, which was financing five Boeing 737-900ER aircraft. This move reflects the airline’s strategy of optimizing its capital structure, reducing long-term debt obligations,…
AirSial, a private Pakistani airline based in Sialkot, has expanded its fleet with the addition of a leased Airbus A320, bearing the manufacturer serial number (MSN) 4160. The aircraft is equipped with CFM56-5B4/3 engines, a common and reliable powerplant for the A320ceo family, indicating AirSial’s continued preference for proven and efficient technologies as it grows its operational footprint.
