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SriLankan Airlines Explores Debt Refinancing Before A330 Fleet Renewal

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SriLankan Airlines CEO Richard Nuttall is exploring refinancing options to restructure the airline’s debt, which would serve as a preliminary step before any A330 fleet renewal. The carrier is also considering doubling its total fleet size to 50 aircraft, signaling a potential long-term expansion strategy.

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IndiGo Takes B737-8 on Wet Lease From Qatar Airways

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IndiGo, India’s largest airline by fleet size and market share, has added a Boeing 737-8 aircraft to its operational roster through a wet lease from Qatar Airways. The aircraft, bearing serial number 43317, is powered by LEAP-1B28 engines manufactured by CFM International.

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Altavair Appoints Beng Yip As SVP For Asia Pacific

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Altavair, a U.S.-based aviation investment and leasing firm, has announced the appointment of Beng Yip as Senior Vice President of Marketing and Head of Asia Pacific, marking a significant expansion in its executive leadership focused on the region. This move reflects Altavair’s intent to deepen its footprint in one of the fastest-growing aviation markets in the world.

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GOL Revises 5-Year Plan Amid Chapter 11 Reorganization

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GOL Linhas Aéreas, Brazil’s largest domestic airline, has revealed a revised 5-Year Financial Plan as part of its ongoing Chapter 11 reorganization process. This comprehensive plan outlines key strategies to secure the airline’s financial stability, including fleet growth, debt restructuring, and significant capital raises.