Ryanair Holdings, the Ireland-based low-cost airline group, has lifted its prohibition on non-EU nationals purchasing ordinary shares. This decision ensures continued compliance with EU airline ownership and control regulations, allowing the company to maintain its operating licenses and market position.
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United Airlines, based in the US, reported lease agreements for 40 new Airbus A321neos during the third quarter of 2024.
Thai Airways is facing further delays in its ongoing business rehabilitation process as creditors who sought to revoke the resolution to amend the rehabilitation plan encountered a setback. The Central Bankruptcy Court has postponed their hearing to 21 January 2025, granting creditors additional time to prepare the necessary documentation.
Alaska Air Group reported a net loss of $166 million for the first quarter of 2025, despite achieving a substantial 41% year-on-year increase in operating revenues, which rose to $3.13 billion. The results highlight the ongoing financial challenges facing the airline, even as passenger demand and revenue streams show significant recovery momentum.
Sun Country Airlines Holding, a hybrid carrier based in the United States, has reported its financial results for the first quarter of 2025, highlighting a profitable start to the year. The airline posted total operating revenue of $326.6 million, a 4.9% increase year-over-year.
Aircastle has entered into a significant financial agreement with a consortium of Japanese banks, securing a five-year unsecured term loan totaling $600 million. This strategic funding initiative provides the company with an opportunity to increase the total loan amount to $700 million during the first year of the agreement, offering considerable flexibility to support its leasing and investment operations.
Skytrans, an Australian-based airline, has expanded its fleet with the acquisition of a second Airbus A319 aircraft, bearing the serial number 1740. This strategic addition aims to strengthen the airline’s charter operations across Australia and the Asia-Pacific region.
