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Japan Airlines To Issue $1.3B In Bond-Type Preferred Shares

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Japan Airlines (JAL) has announced its intention to raise capital through the issuance of bond-type preferred shares, with an issuance cap of US$1.3 billion. These instruments will not carry voting rights or conversion rights to common stock, positioning them as a hybrid financing mechanism aimed at strengthening the airline’s balance sheet while limiting dilution for existing shareholders.

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Italy Suspends ITA Airways Stake Sale to Lufthansa Over Price Dispute

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Italy’s Treasury has temporarily suspended the sale of a 41% stake in ITA Airways to Lufthansa due to a price disagreement between the two parties. The deal, originally announced in May 2023, stipulated that Lufthansa would acquire the stake for €325 million, marking a strategic move to strengthen its position in Southern Europe. However, Lufthansa…

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Delta Takes Delivery of New A321neo

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Delta Air Lines, one of the largest carriers in the United States, has expanded its fleet with the delivery of a new Airbus A321neo, identified by serial number 11874. The aircraft is powered by PW1133G-JM engines, reflecting Delta’s commitment to modernizing its fleet with fuel-efficient and environmentally friendly technology.

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Akasa Air Plans 30 Aircraft Fleet By July 2025

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Akasa Air (India) has outlined ambitious growth plans that include expanding its fleet to a total of 30 aircraft by July 2025. The airline is also setting up two new strategic operational hubs at Navi Mumbai International Airport and Jewar Airport (Noida International Airport), where it intends to base 5 to 7 aircraft each by the end of the year.

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Emirates to Invest $5 Billion in Refitting 220 Aircraft Amid Delivery Delays

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Emirates (UAE) is set to spend $5 billion on retrofitting 220 aircraft, as the airline faces delays in the delivery of new aircraft from manufacturers. President Tim Clark emphasized that this investment is essential to sustaining the airline’s extensive global network while awaiting fleet modernization.

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China Eastern Adds A321neo With LEAP-1A32 Engines

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China Eastern has expanded its single-aisle aircraft fleet with the recent delivery of a new Airbus A321neo, bearing serial number 12496. The aircraft is powered by CFM International LEAP-1A32 engines, marking a continued preference by the airline for this advanced and fuel-efficient powerplant in its narrowbody expansion strategy.