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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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…
Skymark Airlines, one of Japan’s prominent domestic carriers, has reported its financial results for the fiscal year ending March 2025. The airline posted a net profit of $14.6 million, reflecting a 28.4% decrease compared to the previous year, even as total revenue increased by 4.6% to $742 million.
China Southern Airlines has expanded its fleet with the recent delivery of a new Airbus A320neo, identified by serial number 12294. This latest addition is powered by advanced LEAP-1A26 engines from CFM International, known for their fuel efficiency and reduced emissions. The acquisition aligns with China Southern’s ongoing commitment to fleet modernization and environmental sustainability, providing enhanced performance on regional…
SWISS has expanded its fleet with the arrival of a new Airbus A320neo, bearing serial 12379, and powered by PW1127G-JM engines. The airline continues its fleet modernization strategy, integrating fuel-efficient aircraft to optimize its operations.
Avianca is preparing for a significant addition to its fleet as it gets ready to introduce an advanced Airbus A320neo with manufacturer serial number (MSN) 13296, equipped with CFM LEAP-1A engines.
Air Kenya, a key regional airline based in Nairobi, is preparing to expand its turboprop fleet with the addition of two Bombardier Q200 aircraft. The turboprops are expected to support the airline’s domestic and East African operations, with serial number 448 arriving soon and serial number 454 scheduled for delivery by the end of Q2 2025.
