Jet2 (US) has strengthened its fleet with the addition of a new Airbus A321neo, identified by serial number 12295. The aircraft is powered by LEAP-1A32 engines, bolstering the airline’s commitment to modern, efficient operations.
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TAP Air Portugal announced plans to issue €350 million in five-year bonds, targeting institutional investors as part of a strategy to strengthen its financial position and extend debt maturity. The initiative aims to refinance TAP’s existing liabilities and consolidate its cash flow amidst ongoing financial challenges. The airline expects the proceeds to enhance its financial…
Korean airline T’Way Air has announced an expansion of its European network starting April 2025, with additional flights and the introduction of Boeing 777-300ER aircraft on certain routes. Flights from Seoul Incheon to Frankfurt will increase from four to seven weekly by the end of May, operated with the Airbus A330-200. Additionally, T’Way will upgrade…
Motu Link Airline, a new carrier based in French Polynesia, is preparing for its planned early 2025 launch by seeking $3.4 million to fund the purchase of its first aircraft, an ATR72-500F. This funding will be raised through a bond loan, amortizable over a period of 90 months at an 11% interest rate. The ATR72-500F, a reliable model suited for regional operations, will be the…
Grupo Aeromexico, Mexico’s flagship airline, has formally requested approval to conduct a secondary public offering (SPO) of shares in both the Mexican Stock Exchange (BMV) and the United States, slated for 2025. While the exact value and number of shares have yet to be determined, the offering marks a significant step in Aeromexico’s financial strategy to strengthen its market position and…
Wizz Air Holdings, the Hungarian low-cost airline, reported mixed financial results for the third quarter of 2024, with a 0.5% increase in total revenue to $3.0 billion. Despite this modest growth, the airline experienced a 21.3% decline in net profit, which fell to $315.2 million. The airline’s total cash holdings remain substantial at $1.85 billion, reflecting its ability to maintain liquidity even amid…
Air Canada has expanded its fleet with the delivery of a new Airbus A220-300, featuring serial number 55306. The aircraft is powered by advanced PW1521G-3 engines, enhancing its efficiency and performance for regional and domestic routes.
