Jin Air, a leading South Korean low-cost carrier, has expanded its fleet with the delivery of a Boeing 737-8, identified by serial number 63442. The aircraft is equipped with LEAP-1B engines, known for their exceptional fuel efficiency and environmental performance.
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Aeromexico has initiated a $1.1 billion bond offering aimed at refinancing its debt, specifically addressing $663 million in senior secured notes due in 2027.
Rex (Australia) has completed the sale of Air Partner’s (UK) 50% shareholding in National Jet Express (NJE) to entities controlled by the remaining shareholders of NJE. The proceeds from this transaction will be utilized by Rex to repay secured debt, contributing to its financial stabilization.
Aerolineas Argentinas, Argentina’s national carrier, is at risk of closure as the government, led by Javier Milei, has proposed a privatization process to address the airline’s financial struggles. This privatization plan is seen as a critical measure to ensure the airline’s sustainability, but it has encountered resistance from employees and unions concerned about job security and potential changes…
Kalitta Air, a major U.S.-based cargo carrier, has expanded its long-haul capabilities with the delivery of its first Boeing 777-300ERSF, serial number 32785. This aircraft, known as “The Big Twin” in the cargo industry, has been leased and is powered by GE90-115B engines. The conversion from a passenger to a freighter aircraft was completed by…
Afrijet, a leading regional airline based in Gabon, has appointed Nyl Moret Mba as its new Chief Executive Officer (CEO). This leadership transition is expected to usher in a new phase of strategic growth and operational development for the airline.
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…
