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Moody’s Downgrades Azul Rating To Ca

ByAdmin

Moody’s has recently announced a significant downgrade of the corporate family rating for Azul (Brazil), reducing it from Caa2 to Ca. This move by the rating agency reflects increasing concerns about the airline’s financial position and overall risk profile. The downgrade also extends to Azul Secured Finance and Azul Investments, underscoring the broader impact across the group’s financial entities.

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ByAdmin

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De Havilland Sells DHC8-400 To Barrick Gold For Pakistan Ops

ByAdmin

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Air Moana Secures Tahiti Support For ATR Acquisition

ByAdmin

Air Moana, based in French Polynesia, has received significant financial backing from the government of Tahiti through a strategic equity and loan guarantee arrangement involving Natireva, the parent company overseeing the airline’s development. Tahiti has acquired 54 shares of Natireva for a symbolic investment of $54, an administrative step designed to unlock a much larger financial mechanism: a $5.7 million loan guarantee.

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Maldivian to Begin Operations with Leased A330-200

ByAdmin

Maldivian, the national carrier of the Maldives, is set to expand its operational capacity with the introduction of a leased Airbus A330-200, serial 1161, beginning 17 January 2025. This move marks a significant step forward for the airline as it ventures into widebody operations, bolstering its fleet with larger aircraft to meet growing demand.

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T’Way Air Expands European Service with Boeing 777-300ER

ByAdmin

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…