Finnair has released its interim report for Q3 2024, detailing a steady financial performance amid challenging market conditions.
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Moody’s Investors Service has affirmed the long-term and short-term issuer ratings of Clover Aviation Capital, a prominent Hong Kong-based aircraft leasing company. The ratings, set at Baa3 for long-term and P-3 for short-term, are aligned for both foreign and local currency obligations. The outlook has been revised from stable to positive, signaling potential future upgrades…
Pakistan’s government, in its bid to privatize Pakistan International Airlines (PIA), received only one bid from a shortlist of six potential bidders. Blue World City, a major real estate consortium with diversified interests, has emerged as the sole bidder for a 60% stake in PIA. This privatization aligns with Prime Minister Shehbaz Sharif‘s commitments to…
Azul Secured Finance, a subsidiary of Azul (Brazil), has announced the commencement of exchange offers for Eligible Holders of its outstanding 11.500% Senior Secured Second Out Notes due 2029 and 10.875% Senior Secured Second Out Notes due 2030. These notes are to be exchanged for newly issued notes of the same respective terms and maturities. The initiative aims to provide greater flexibility…
Air Mauritius has announced the return of its seasonal direct flights between Geneva, Switzerland, and Mauritius for the winter 2024-2025 season.
euroAtlantic Airways, based in Portugal, has announced the appointment of Raul Largo as its new Chief Commercial Officer (CCO), effective November 1, 2024. Largo joins euroAtlantic with a comprehensive background in commercial aviation, bringing his expertise to lead and expand the airline’s commercial strategies. His role is set to play a critical part in enhancing euroAtlantic’s market reach and optimizing revenue…
Allegiant (US) has expanded its fleet with the delivery of a Boeing 737-8200, identified by serial number 68005. The aircraft is powered by LEAP-1B27 engines, known for their fuel efficiency and advanced performance capabilities.
