Aero Capital Solutions (ACS), based in the United States, has announced the final closing of its fourth and largest aviation investment vehicle to date, securing total aggregate equity commitments of US$936 million. The fund underscores the growing investor appetite for aviation assets and ACS’s expanding role as a major player in the aircraft leasing and investment…
Kenya Airways (KQ) has initiated a strategic review of its 41.2% stake in Precision Air (Tanzania), citing negative shareholder equity and the need to align with its broader turnaround strategy. The stake, currently valued at approximately $498 million, is under assessment as KQ seeks to optimize its financial position and restructure its investments.
airBaltic (Latvia) is evaluating a potential initial public offering (IPO) on the London Stock Exchange (LSE) as soon as the second quarter of 2025, with the goal of raising up to $328 million. While the airline has expressed interest in the listing, no final decision has been made regarding the timing or structure of the offering.
Vietjet (Vietnam) has secured a $300 million aircraft financing agreement with Carlyle Aviation Partners (US), ensuring financial support for its upcoming aircraft deliveries scheduled for 2025-26. This deal reflects Vietjet’s commitment to fleet expansion and operational growth in the highly competitive Southeast Asian aviation market.
Croatia Airlines has warned of negative financial outcomes in the short term, citing challenges associated with its fleet renewal investment cycle. The airline is currently undergoing a major fleet transition, which is expected to improve long-term operational efficiency but will temporarily strain financial performance.
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.
Turkish Airlines has officially approved a capital ceiling increase, doubling its previous limit to $276 million for the 2025-2029 period. This decision replaces the previous ceiling, which was set to expire on December 31, 2024.
easyJet (UK) and easyJet FinCo (Netherlands) have issued a prospectus for a $5 billion Euro Medium Term Note (EMTN) Program, reinforcing their strategic financing initiatives to support future growth, fleet investments, and operational resilience.
Qatar Airways is nearing the completion of its acquisition of a 49% stake in RwandAir and a 60% stake in the new Bugesera International Airport, following prolonged negotiations with the Rwandan government. The update was confirmed by Rwanda’s President Paul Kagame, who indicated that discussions are now in their final stages.
Frank Wulf, the Global Head of Aviation at Nord/LB (Germany), has announced his decision to step down from his role and exit the aviation finance sector, effective January 31, 2025. Citing personal reasons, Wulf will conclude his tenure after a long-standing career in aviation finance.
