GOL, one of Brazil’s leading airlines, has proposed a substantial $3.4 billion capital increase through share issuance as part of its strategy to exit Chapter 11 bankruptcy protection. The plan marks the most significant financial restructuring move by the company since it filed for bankruptcy earlier this year in the United States.
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LATAM Airlines delivered strong financial results for the first quarter of 2025, posting a 2.7% increase in total revenues to US$3.4 billion and a 37.6% rise in net income to US$355 million. The group’s liquidity position remained solid with US$2.1 billion in cash and cash equivalents.
euroAtlantic Airways, a leading Portuguese charter and ACMI operator, has announced plans to acquire two Boeing 777 aircraft. This strategic expansion aims to strengthen the airline’s fleet and enhance its operational capabilities, enabling it to meet the growing demands of the global market.
Jordan Airmotive has enhanced its existing partnership with Canadian cargo airline Cargojet, expanding its scope to include comprehensive maintenance and overhaul support for Cargojet’s fleet of General Electric CF6-80C2 engines.
United Airlines has expanded its next-generation narrowbody fleet with the delivery of a new Airbus A321neo, serial number 12385, powered by PW1133G-JM engines. This addition supports United’s ongoing fleet renewal program aimed at improving efficiency and passenger experience across its domestic and transcontinental operations.
Airzena, the flag carrier of Georgia, has expanded its fleet with the delivery of one Boeing 737-900ER, bearing serial number 41534. The aircraft is on lease and is powered by CFM56-7BE engines, further enhancing the airline’s medium-haul capabilities as it continues its post-pandemic recovery and regional growth strategy.
Chorus Aviation has announced that its Class A Variable Voting Shareholders and Class B Voting Shareholders have approved a special resolution authorizing a share consolidation plan. The company’s Board of Directors is now authorized to proceed with the implementation of the consolidation.
