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Japan Airlines To Issue $1.3B In Bond-Type Preferred Shares

Japan Airlines (JAL) has announced its intention to raise capital through the issuance of bond-type preferred shares, with an issuance cap of US$1.3 billion. These instruments will not carry voting rights or conversion rights to common stock, positioning them as a hybrid financing mechanism aimed at strengthening the airline’s balance sheet while limiting dilution for existing shareholders.

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Air Europa Seeks to Sell 20% Stake to Repay Bailout Debt

Air Europa, Spain’s second-largest airline, has announced plans to sell 20% of its capital to generate funds for repaying its bailout debt, which is due in 2026. The airline has made it clear that it does not want any new partners influencing its operations, signaling a preference for financial backing without strategic control.