LATAM Colombia Names Erika Zarante Bahamon as New CEO

ByAdmin 01/11/202404/11/2024

LATAM Colombia has announced the appointment of Erika Zarante Bahamon as its new Chief Executive Officer, effective January 1, 2025. Zarante Bahamon will succeed Santiago Alvarez, who will move into the role of Chief Commercial Officer, focusing on advancing LATAM Colombia’s commercial strategy as the airline positions itself for growth in the competitive Colombian aviation market.

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Lufthansa Plans More Sale/Leaseback Deals to Raise Liquidity by 2024 End

ByAdmin 09/11/202409/11/2024

Lufthansa, Germany’s flagship airline, is intensifying its efforts to raise liquidity by the end of 2024 through the sale/leaseback (SLB) of an additional nine A320neo and A321neo aircraft. This financial strategy allows Lufthansa to free up cash while retaining operational use of these aircraft, supporting the airline’s liquidity needs amidst ongoing market pressures. Lufthansa has previously employed this approach, raising $247 million during…

Airlines | Financial

LATAM Airlines Group Proposes Dividend Payment

ByAdmin 20/03/202523/03/2025

The Board of Directors of LATAM Airlines Group, headquartered in Chile, has agreed to propose a substantial dividend payment totaling US$293 million, scheduled to be distributed on 22 April 2025.

Airlines | Boeing | Flag Carrier | Fleet | Order

Thai Airways Reaffirms B787 Order, Eyes 35 More Aircraft

ByAdmin 08/04/202509/04/2025

Thai Airways International has reaffirmed its commitment to fleet expansion as a core element of its strategic growth plan, confirming that its order for 45 Boeing 787 aircraft remains active, with deliveries set to begin from mid-2027. In addition to this substantial widebody order, the airline also announced intentions to procure an additional 35 aircraft, contingent on evolving market conditions and demand recovery.

Airlines | Bombardier | Delivery | Fleet | Pratt & Whitney

QantasLink Enhances Fleet with Bombardier Q400, Serial Number 4456

ByAdmin 31/01/202503/02/2025

QantasLink, Australia’s prominent regional airline, has taken delivery of a Bombardier Q400, serial number 4456, operated by Sunstate Airlines and powered by PW150A engines. This acquisition aligns with QantasLink’s strategy to modernize its fleet and enhance regional connectivity.

Estonia Delays CRJ900 Sale Talks Into June 2024

ByAdmin 27/05/202527/05/2025

Estonia has reported delays in its efforts to sell several CRJ900 aircraft formerly operated by Nordica, the state-owned airline, and owned by Transpordi Varahaldus, a public asset management entity. The sale discussions, initially slated for earlier completion, are now expected to extend into June 2024.

Airlines | ATR | Investor

TransVerde Airlines Seeks $15M to Launch Cabo Verde Domestic Operations

ByAdmin 13/11/202414/11/2024

TransVerde Airlines, a new carrier in Cabo Verde, is actively seeking $15 million through a mix of equity and debt financing to fund the launch of its domestic passenger and cargo operations. The airline, led by founder and president Rui Lima, plans to operate with three leased ATR42/72 aircraft. Brookfield Aviation Finance from the UK is advising TransVerde on securing the necessary funding, which will…

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