Fly Play (Iceland) has announced a major operational and financial restructuring, securing binding conditional subscription commitments for a $20 million convertible bond. This new funding is designed to support a strategic shift in its business model and network structure.
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China Airlines, the flag carrier of Taiwan, has received a new Boeing 777 Freighter (B777F) as part of its ongoing cargo fleet modernization program. The aircraft, bearing manufacturer serial number 68060, is powered by GE90-110B1/115B engines manufactured by GE Aviation. This latest addition underlines the airline’s strategic focus on expanding its long-haul freight capacity in response to sustained global cargo demand.
GetJet Airlines has entered into a seasonal wet-lease agreement with Etihad Airways for the upcoming winter 2025/26 season, reinforcing its growing presence in the global ACMI and charter market. Under the terms of the agreement, two Airbus A320 family aircraft from the GetJet fleet will be based at Zayed International Airport in Abu Dhabi, beginning 1 October 2025. These aircraft will operate across Etihad’s…
Aerolineas Argentinas has announced that it will no longer require transfers from the National Treasury to fund its operations in 2025, marking a significant milestone for the state-owned carrier. This development represents the first time since its nationalization in 2008 that the airline will function without financial backing from the Argentine government.
Alliance Airlines (Australia) has announced a 9.5% increase in statutory profit before tax, reaching $26.2 million for 1H FY2024, while revenues rose by 11.3% to $211.6 million for the period ending 31 December 2024. The company also confirmed the appointment of James Jackson as chairman.
Alaska Air Group, the parent company of Hawaiian Airlines, has announced plans to establish new pilot and flight attendant bases for the Hawaiian brand in Seattle, with operations set to begin in March 2026. This move represents a significant step in the post-merger integration of Hawaiian Airlines into Alaska’s mainland infrastructure.
Avation, a Singapore-based aircraft leasing company, has entered into a term sheet agreement with a major international bank for a $85 million portfolio financing facility. This facility will be utilized primarily for the refinancing of existing aircraft within Avation’s fleet and for the acquisition of additional aircraft, subject to specific conditions.
