Flair Airlines (Canada) has announced plans to raise $150 million in senior debt as part of its ongoing financial restructuring efforts. The airline has enlisted the expertise of Haywood Securities (Canada) to manage the fundraising process, aiming to stabilize its operations and support long-term growth.
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SMBC Aviation Capital, a leading aircraft leasing company based in Ireland, has entered into lease agreements with Breeze Airways, a U.S.-based airline, for three Airbus A220-300 aircraft. The delivery schedule is set to commence with the first two aircraft arriving in November and December 2024, followed by the final aircraft in early 2025.
American Eagle (US) has taken delivery of a new Embraer E175, identified by serial number 17000977. The aircraft is powered by CF34-8E5 engines, offering exceptional performance and efficiency for regional operations.
Afrijet – Fly Gabon, a leading carrier in Central Africa, has announced plans to expand its fleet from the current seven aircraft to 12 by 2031. The growth strategy begins with the addition of a new ATR42-600, scheduled for delivery in August 2025.
Air New Zealand has revealed that it does not expect significant improvements in aircraft availability until 2026, citing ongoing challenges with its fleet of Boeing 787-9 and Airbus A320neo aircraft. These availability issues have impacted the carrier’s operational capacity and ability to meet growing passenger demand.
Flair Airlines (Canada) is facing heightened scrutiny as its Chief Financial Officer, Sumanth Rao, has been charged with involuntary manslaughter. The charges stem from a tragic incident involving a fatal car crash. According to reports, the crash involved an underage driver who had been drinking at a gathering hosted at Rao’s Atlanta-area home.
BBN Airlines Indonesia has taken delivery of its first Boeing 737-400F, a freighter aircraft designed to support the airline’s cargo expansion strategy. The aircraft, serial number 26302, arrives on lease and is equipped with CFM56-3C1 engines, marking a significant milestone for the airline as it enters the dedicated cargo market.
