Spirit Airlines Completes $215M Class B Pass Through Certificate Offering

ByAdmin 03/04/202506/04/2025

Spirit Airlines, a major U.S.-based ultra-low-cost carrier, has successfully completed a private offering of its Class B® Pass Through Certificates, Series 2025-1B®, with an aggregate face amount of US$215 million. The offering represents another strategic move to bolster the airline’s financial flexibility as it navigates current industry challenges and positions itself for long-term sustainability.

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Airlines | Boeing | CFM International | Delivery | Fleet

Aeroitalia Plans B737-800 Deliveries By May 2025

ByAdmin 23/03/202525/03/2025

Aeroitalia has confirmed plans to expand its fleet with the addition of two more B737-800 aircraft scheduled for delivery by May 2025. The move is aimed at strengthening the Italian carrier’s operational capacity ahead of the critical summer travel season.

Airlines | Flag Carrier | Network

Emirates to End Singapore–Australia Fifth Freedom Route

ByAdmin 14/01/202514/01/2025

Emirates (UAE) has announced the discontinuation of its sole remaining Singapore–Australia fifth freedom route starting late March 2025. The decision comes as the airline shifts its focus toward non-stop Dubai–Melbourne services, optimizing its long-haul network.

Airlines | Financial

Akasa Air Secures $130M via Stake Sale

ByAdmin 14/12/202417/12/2024

Akasa Air, a fast-growing airline based in India, will receive a capital injection of $130-140 million following a minority stake sale to a consortium of Indian investors, including Premji Invest and Claypond Capital. This strategic move underscores the airline’s commitment to expansion and strengthening its financial position.

Kenya Airways Expands Fleet with Leased B737-800 from DAE Capital

ByAdmin 19/02/202520/02/2025

Kenya Airways has taken delivery of a Boeing B737-800, serial 39604, on lease from DAE Capital (UAE), marking the resumption of its fleet expansion strategy.

Airlines | Management

Mexicana Ordered to Disclose Aircraft Leasing Contracts

ByAdmin 12/01/202514/01/2025

Mexicana has been directed by the Instituto Nacional de Transparencia, Acceso a la Información y Protección de Datos Personales (INAI), Mexico’s data compliance regulator, to disclose contracts related to the leasing of aircraft. This includes agreements signed with Petrus Aero Holdings (US) and any other involved companies.

Airlines | Crisis | Financial | Management

Rex Group Undergoes Sale and Recapitalization Process

ByAdmin 24/02/202524/02/2025

Rex Group (Australia) has officially commenced a sale and/or recapitalization process, following its recent financial difficulties. EY Australia, the appointed administrator, is overseeing the restructuring, aiming to secure the airline’s future through a potential sale or new capital injection.