Hawaiian Airlines Unveils $600M Hawai‘i Investment Plan as the carrier outlines a multi-year strategy to modernize infrastructure, enhance the guest experience, and deepen its long-term commitment to sustainability and community development across the islands. The initiative, branded the Kahuʻewai Hawai‘i Investment Plan, represents one of the airline’s largest single investments in its home market and will be…
Air Europa has formally agreed to a €300 million (approximately $349 million) investment offer from Turkish Airlines in exchange for a minority stake in the Spanish carrier. The strategic move is designed to bolster Turkish Airlines’ reach into the Latin American market, a region where it seeks deeper connectivity despite the two carriers belonging to different global alliances—SkyTeam for Air Europa and Star…
Israir Airlines, a leading leisure-focused carrier in Israel, has made a strategic financial move by acquiring a 20% equity stake in Isracard, one of the country’s largest credit card and payment companies. The US$12 million investment aims to deepen customer engagement, enhance brand loyalty, and drive growth in Israir’s passenger base through integrated financial offerings.
Ryanair, Europe’s largest low-cost airline, has called on Austria to abolish its passenger tax and reduce airport charges, threatening to reduce or eliminate flight services if its demands are not met. In exchange, the airline has proposed a substantial investment: to base 10 Boeing 737 MAX 8200 aircraft in the country, a move that would significantly expand its Austrian operations.
Air China and the Macau Special Administrative Region (SAR) government have increased their equity stakes in Air Macau following a substantial US$297 million capital injection into the airline. This financial maneuver comes in the wake of Air Macau’s US$84 million net loss in 2024, which raised solvency concerns for the region’s flagship carrier.
Turkish Airlines is actively evaluating a potential investment in Air Europa, with intentions to submit a bid for a minority stake in the Spanish carrier. This move aligns with Turkish Airlines’ broader strategy of expanding its European footprint and securing a stronger presence in the Iberian Peninsula. The development comes amid a competitive bidding process, with binding offers due in…
Sun PhuQuoc Airways, a Vietnamese carrier backed by Sun Group, is set to receive a fresh equity contribution of $38 million from its parent company. This capital injection is part of a broader $95.9 million investment plan for a long-term aviation project with a 50-year horizon, aimed at strengthening the airline’s position in the Vietnamese and regional market.
Air France and Lufthansa have officially halted negotiations with the Hidalgo family, the owners of Spanish airline Air Europa, over the proposed acquisition of a 25% stake in the carrier. The talks reportedly collapsed due to an unresolved dispute concerning the valuation of Air Europa, which the Hidalgo family placed at $1.1 billion.
flynas, the Saudi Arabian low-cost airline, has achieved a remarkable milestone by completing its initial public offering (IPO) of US$1.1 billion on the Riyadh stock exchange. The offering was met with extraordinary demand, as all shares were sold within minutes of opening. The IPO represents approximately 30% of the company’s share capital, indicating a strong appetite among investors for exposure to Saudi…
SpiceJet founder and chairman Ajay Singh will inject US$33.8 million into the airline through the conversion of warrants into equity shares. This move will significantly raise his stake, pushing his overall shareholding to more than 33%.
