IndiGo (India) has taken delivery of a new Airbus A321neo, identified by serial number 12091. The aircraft is powered by LEAP-1A32 engines, reinforcing IndiGo’s position as one of the leading operators in the region with a modern and efficient fleet.
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BermudAir has successfully raised an additional $2 million through a tokenized bond issuance, bringing the total funding raised from this initiative to $3 million since May 2024. The Bermuda-based airline initially garnered $1 million earlier this year, and this latest funding round will bolster BermudAir’s ambitions to expand its fleet and add new routes, positioning it for growth in the…
Air India Express, a leading low-cost subsidiary of Air India, has unveiled an ambitious plan to add 65 aircraft to its fleet over the next three years. This significant expansion aligns with the airline’s strategic goal to enhance its capacity and footprint in the regional and international aviation markets.
EgyptAir, the national carrier of Egypt, has taken delivery of a Boeing 787-9 Dreamliner, expanding its fleet with a state-of-the-art long-haul aircraft. The aircraft, registered as SU-GFZ, is powered by Trent 1000-J3 engines, renowned for their efficiency and reliability in long-haul operations.
Riyadh Air, the emerging Saudi Arabian airline wholly owned by the Public Investment Fund (PIF), has successfully secured its inaugural Islamic Revolving Credit Facility totaling SAR 5 billion. This financial arrangement comprises a SAR 3 billion revolving credit facility, complemented by a committed accordion option for an additional SAR 2 billion. The one-year, unsecured financing…
Azul (Brazil) has unveiled additional details regarding its financial transactions, highlighting agreements to raise up to $500 million through the issuance of superpriority notes. This funding initiative is part of Azul’s strategy to strengthen its financial position and support its ongoing operations.
KLM Cityhopper (Netherlands) has taken delivery of two Embraer E195-E2 aircraft, identified by serials 19020158 and 19020161. Both aircraft are equipped with PW1921G engines, further strengthening the airline’s regional fleet.
