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.
Tarom, the flag carrier of Romania, has received shareholder approval for a $6.6 million capital injection from the Ministry of Transport, scheduled for late 2024. This move is a part of the airline’s ongoing restructuring strategy aimed at stabilizing operations and improving long-term viability.
Garuda Indonesia is set to receive a financial boost through a capital injection from Danantara Indonesia, aimed at strengthening its working capital and contributing to the development of the tourism sector in Indonesia. This move comes as part of broader efforts to ensure the airline’s continued operational stability and to support national economic priorities tied to tourism and connectivity.
Kenya Airways is actively seeking a significant capital infusion of up to $2 billion. This strategic move is intended to manage its existing debt and facilitate an ambitious fleet expansion to enhance its operational capabilities.
Air China has announced plans to inject US$200 million into its subsidiary Air Macau as part of efforts to strengthen the airline’s financial foundation. The Macau government, holding a 21.5% share in Air Macau, will contribute an additional $42.4 million, aligning with its ownership stake.
Akasa Air, a fast-growing airline based in India, will receive a capital injection of $130-140 million following a minority stake sale to a consortium of Indian investors, including Premji Invest and Claypond Capital. This strategic move underscores the airline’s commitment to expansion and strengthening its financial position.
