GOL Linhas Aéreas, Brazil’s largest domestic airline, has revealed a revised 5-Year Financial Plan as part of its ongoing Chapter 11 reorganization process. This comprehensive plan outlines key strategies to secure the airline’s financial stability, including fleet growth, debt restructuring, and significant capital raises.
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Libyan Express has expanded its fleet with the delivery of a Boeing 737-800, identified by serial number 34948, acquired from Buraq Air, another Libya-based airline. The addition of this aircraft marks a strategic move to bolster Libyan Express’ operational capacity and route network.
Ryanair has announced the launch of a new direct route from Zagreb to Palermo, Italy, beginning March 30, 2024, and running through the summer season. Scheduled to operate on Tuesdays, Thursdays, and Sundays, the route will utilize the 180-seat Airbus A320 from Lauda Europe, Ryanair’s Austrian subsidiary.
US regional carrier SkyWest Airlines has taken delivery of one Bombardier CRJ200, bearing serial number 7634, powered by efficient General Electric CF34-3B1 engines. This latest fleet addition supports SkyWest’s continued efforts to optimize and expand regional air service operations.
US-based carrier Southwest Airlines has officially taken delivery of a new Boeing B737-8, serial number 68626, powered by advanced CFM International LEAP-1B28 engines. This aircraft addition further supports Southwest’s ongoing strategy for fleet modernization and operational efficiency.
Total Linhas Aéreas, a Brazilian airline, has reserved registrations for three ex-Breeze Airways Embraer E195 aircraft. The aircraft, identified by their serial numbers 19000196, 19000244, and 19000281, are set to join Total Linhas Aéreas’ fleet, marking a strategic move to enhance its operational capacity.
Volofin Capital Management (UK) has announced the successful structuring and closing of a spares inventory financing facility for Virgin Atlantic (UK). The facility, valued at up to $100 million, will support Virgin Atlantic in managing and optimizing its aircraft spare parts inventory.
