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LATAM Airlines Shareholders Launch 10M ADS Public Offering

ByAdmin

LATAM Airlines Group, the largest airline group in Latin America, has announced that certain of its shareholders have initiated a public offering of 10 million American Depositary Shares (ADSs), with each ADS representing 2,000 common shares. The move is designed to improve shareholder liquidity and broaden LATAM’s exposure to international investors, particularly in North American capital markets.

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Avation Delivers And Sells ATR72-600 To Caribbean Airline

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Avation, the Singapore-based leasing company, has announced the delivery and sale of a new ATR72-600 to an undisclosed airline in the Caribbean. The transaction resulted in approximately $5 million in net cash proceeds, marking a successful and profitable disposal for the lessor.

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Jazeera Airways Resumes Kuwait-Bhairahawa Flights After Delay

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Jazeera Airways, the Kuwaiti airline, has resumed its direct flights between Kuwait and Bhairahawa in Nepal as of November 9, 2024. The airline had previously postponed the launch of this route due to a range of logistical and operational challenges. The resumption of this service is expected to enhance travel options for both business and leisure passengers, connecting Kuwait with one of…

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Aerolíneas Argentinas Considers Acquisition by Delta and Avianca Consortium

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Rumors have surfaced regarding Aerolíneas Argentinas potentially being acquired by a consortium involving Delta Air Lines from the United States and Avianca of Colombia. The Argentine government, which holds a stake in Aerolíneas Argentinas, is reportedly weighing a purchase proposal put forth by the two airlines, suggesting potential international expansion for the Argentine carrier under new ownership. This rumored deal,…

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Air Canada Delays A321XLR And B787-10 Deliveries To 2026

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Air Canada has revised its fleet delivery schedule, confirming that both the A321XLR and B787-10 aircraft types will now be delivered starting in 2026, representing a delay of several months from the originally expected timeline. The adjustments affect the airline’s fleet development strategy through 2028 and reflect broader supply chain constraints impacting OEMs globally.