Plus Ultra Líneas Aéreas, a Spanish airline, is preparing to make its initial repayment of $19 million in 2026 towards the $54 million loan it received from Spain’s Sociedad Estatal de Participaciones Industriales (SEPI) during the COVID-19 pandemic.
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LCI (Ireland) and Sumitomo Mitsui Finance and Leasing (Japan) have successfully executed US$420 million in loan facilities, designated to fund social projects, including the acquisition of helicopters. This strategic collaboration highlights the increasing focus on financing projects that contribute to societal benefits, particularly in sectors such as emergency medical services and search and rescue operations.
Cargo Aircraft Management, a subsidiary of Air Transport Services Group (ATSG), has announced its intention to fully redeem all $700 million in aggregate principal amount of its outstanding 2028 Notes. This financial maneuver is scheduled for April 11, 2025, and is subject to the successful completion of the merger between ATSG and Stonepeak Nile MergerCo.
China Eastern Airlines has announced the successful raising of $691 million in perpetual debt financing from its controlling shareholder, China Eastern Airlines Group Co. The debt carries an annual interest rate of 2.20%, providing the airline with a flexible financial instrument to support its operations and growth initiatives.
Jordan Airmotive has enhanced its existing partnership with Canadian cargo airline Cargojet, expanding its scope to include comprehensive maintenance and overhaul support for Cargojet’s fleet of General Electric CF6-80C2 engines.
Air Europa, the Spanish carrier, is preparing to settle its outstanding loan of $157 million this week, originally granted by the Instituto de Crédito Oficial (ICO) in May 2020. The loan had been extended as part of the Spanish government’s support package to help businesses during the COVID-19 pandemic, with Air Europa being one of the primary beneficiaries within the…
Qatar Airways has signed an agreement with Qatari banks led by QNB Group to secure $1.2 billion in strategic financing. This substantial funding package is structured in both conventional and Islamic tranches and is designed to support the airline’s ongoing growth and maintain financial stability in a volatile market environment.
