Fitch Assigns BB Rating to Uzbekistan Airports

ByAdmin 01/09/202503/09/2025

Uzbekistan Airports (#Uzairports), the state-owned operator of all airports in Uzbekistan, has received its first international credit rating from Fitch Ratings, which assigned a ‘BB’ Long-Term Issuer Default Rating (IDR) with a stable outlook. The rating is equalized with that of the Republic of Uzbekistan, its ultimate parent, and highlights the company’s pivotal role in the country’s aviation and economic development strategy.

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Airlines | Financial

Fitch Ratings Upgrades United Airlines’ Issuer Default Rating to ‘BB’ with Positive Outlook

ByAdmin 08/03/202511/03/2025

Fitch Ratings has upgraded United Airlines’ Issuer Default Rating (IDR) from ‘BB-‘ to ‘BB’, with a Positive outlook, signaling confidence in the airline’s continued financial recovery and operational strength. The rating upgrade reflects improved financial metrics, as United has successfully reduced debt levels, enhanced liquidity, and strengthened profitability. The airline’s ability to optimize its route network, manage costs efficiently, and sustain strong…

Financial | Lessor

Aircastle Prices $650M In 5.000% Senior Notes Due 2030

ByAdmin 15/07/202517/07/2025

Aircastle, a global aircraft leasing company based in Ireland, has announced the successful pricing of US$650 million aggregate principal amount of 5.000% Senior Notes due 2030. The notes were priced at 99.306% of par, resulting in a yield that reflects current market demand for aviation-linked fixed-income products.

Airlines | Bankruptcy | Financial

Azul Pursues $600M Financing Amid Imminent Bankruptcy

ByAdmin 26/05/202527/05/2025

Azul, one of Brazil’s largest airlines, is reportedly in advanced negotiations with creditors to secure approximately $600 million in emergency financing. This strategic move is aimed at sustaining operations through a potential bankruptcy process, which could be initiated as early as next week. The airline, like many others in Latin America, has faced significant financial turbulence over recent…

Airlines | Low Cost Carrier | Network

AJet Launches Direct Flights From Istanbul To Aleppo

ByAdmin 30/07/202531/07/2025

AJet, the Turkish low-cost carrier and subsidiary of Turkish Airlines, will inaugurate direct flights between Istanbul and Aleppo on August 2, 2025. This move marks another milestone in the airline’s expansion into Syria, building on its growing network across the region.

Countries | Financial | Governments

US-EU Reach Zero-Tariff Deal on Aircraft Trade

ByAdmin 29/07/202530/07/2025

A new agreement between the United States and the European Union will preserve tariff-free trade in aircraft and aircraft parts, shielding the aerospace industry from potential disruptions amid broader tariff tensions. The deal, announced on July 28, 2025, reinstates a zero-for-zero tariff structure on jets and components, averting what could have been a severe blow to global production and…

Corporation | Financial | Funding

Vertical Aerospace Raises $90 Million in Public Offering

ByAdmin 28/01/202530/01/2025

Vertical Aerospace, the UK-based leader in electric vertical take-off and landing (eVTOL) aircraft, has announced the successful closing of its underwritten public offering, generating gross proceeds of $90 million. The funds were raised before deducting underwriting discounts, commissions, and other associated expenses.

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