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Eve Air Mobility Raises $230M, Dual Lists in US and Brazil

ByAdmin

Eve Air Mobility (NYSE: EVEX, EVEXW) has announced the completion of a $230 million equity capital raisethrough a registered direct offering, accompanied by a dual listing in both the United States and Brazil. The financing round saw participation from BNDESPAR, a subsidiary of the Brazilian Development Bank (BNDES), Embraer, and other institutional investors.

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ByAdmin

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ORIX Promotes James Meyler and Appoints John O’Donoghue

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ORIX Corporation (Japan) has announced significant leadership changes within its aviation group, highlighting its focus on strengthening its global executive team. James Meyler, currently serving as CEO of ORIX Aviation (Ireland) Group, has been promoted to the role of Group Executive, ORIX, Japan, while retaining his CEO position. This strategic move underscores the corporation’s confidence in Meyler’s leadership and…

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Southwest Airlines Lowers Q1 2025 Unit Revenue Growth Forecast, Ends Free Checked Baggage

ByAdmin

Southwest Airlines has revised its Q1 2025 unit revenue growth forecast, now expecting 2-4% growth, a reduction from its prior 5-7% range. The airline cites challenging market conditions and pricing pressures as key factors behind the adjustment, reflecting a more cautious outlook for the quarter.