Spirit Airlines (US) has initiated a US$350 million equity rights offering as part of its ongoing Chapter 11 bankruptcy restructuring efforts. This strategic move aims to bolster the airline’s financial stability and ensure operational continuity amid its restructuring process.
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Qatar Airways has strengthened its long-haul fleet with the addition of two new Boeing 787-9 Dreamliners, registered as A7-BHU and A7-BHV, both powered by General Electric GEnx-1B74/75 engines. The expansion aligns with the airline’s continued fleet modernization efforts and strategic growth into high-demand international markets.
China Southern Airlines, one of China’s largest carriers, has announced its financial forecast for 2024, projecting a net loss attributable to shareholders estimated between $170.8 million and $255.6 million. This anticipated loss underscores the challenges the airline continues to face amidst a recovering but volatile aviation market.
Vietnam Airlines has entered a significant financial partnership with Vietcombank through a newly signed memorandum of understanding (MoU) focused on capital arrangement for the acquisition of 50 narrowbody aircraft. The agreement lays the foundation for structured financing of the airline’s fleet renewal and expansion from 2026 to 2032.
Air Serbia achieved notable passenger growth in October 2024, carrying a total of 381,386 passengers across its scheduled and charter services. This figure marks a 4% increase compared to October of the previous year, highlighting the airline’s steady recovery and expansion in the regional and international markets.
Copa Airlines, the flag carrier of Panama, is set to enhance its operational capacity with the planned addition of 13 Boeing 737-8 aircraft to its fleet in 2025. The delivery schedule commences with two aircraft in June, followed by the remaining units throughout the year. Additionally, the airline anticipates the arrival of a Boeing 737-800…
Amedeo Air Four Plus (UK) has received notice from Emirates (UAE) regarding the upcoming redelivery of its A380, serial 157. Emirates has opted to return the aircraft in a “half-life” condition instead of the full-life standard. Additionally, a cash sum will accompany the aircraft’s return as part of the agreement. The lease for this A380 is set to expire on 04…
