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Avianca Midco 2 Offers Note Exchange for Senior Secured Notes

Avianca Group International‘s subsidiary, Avianca Midco 2, has officially announced an offer to exchange any and all of its outstanding 9.000% Tranche A-1 Senior Secured Notes for newly issued 9.000% Senior Secured Notes, both maturing in 2028. This exchange aims to provide enhanced financial flexibility and optimize the company’s capital structure.

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AerCap Prices $1.5 Billion Senior Notes Offering

AerCap Ireland and AerCap Global Aviation Trust, leading entities in the aircraft leasing sector, have announced the successful pricing of a $1.5 billion senior notes offering. The offering comprises $750 million in 4.875% Senior Notesdue in 2028 and an additional $750 million in 5.375% Senior Notes due in 2031.

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Beond Targets Fleet Expansion to 27 Aircraft by 2028

Beond, a luxury airline based in the Maldives, has announced plans to expand its fleet to 27 aircraft within the next four years. By 2028, the carrier aims to operate flights to 54 destinations across 39 countries, reflecting its ambitious growth strategy to establish a significant presence in the global aviation market.

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Air Canada to Transfer B737 MAX Fleet to Rouge by 2028

Air Canada has announced its plan to transfer its B737 MAX fleet to its low-cost subsidiary, Air Canada Rouge, by 2028. This strategic move aims to streamline Rouge’s operations by eventually consolidating the unit to a single fleet type, enhancing operational efficiency and reducing costs. Meanwhile, the mainline Air Canada unit still has 12 more B737 MAX aircraft on order, ensuring continued modernization and…

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Air Nostrum Faces Challenges in Meeting Debt Repayments

Air Nostrum (Spain) has announced its inability to meet upcoming debt repayment deadlines, prompting discussions with the Sociedad Estatal de Participaciones Industriales (SEPI) and the Instituto de Crédito Oficial (ICO). The airline faces significant financial obligations, including substantial repayments spread over the coming years.

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Avolon Extends and Upsizes Credit Facility to $5.8 Billion

Avolon (Ireland), a leading global aircraft leasing company, has announced a significant enhancement to its unsecured revolving credit facility. The facility, backed by a syndicate of 25 banks, has been upsized by $1 billion, bringing the total to $5.8 billion, and its maturity date has been extended by two and a half years, from April 2026 to October 2028.