LATAM Airlines Group, the largest airline group in Latin America, has announced that certain of its shareholders have initiated a public offering of 10 million American Depositary Shares (ADSs), with each ADS representing 2,000 common shares. The move is designed to improve shareholder liquidity and broaden LATAM’s exposure to international investors, particularly in North American capital markets.
Delta Air Lines, one of the leading U.S. carriers, has successfully completed a $2.0 billion public offering of unsecured notes. The move is part of the airline’s broader financial strategy to enhance liquidity and support long-term capital needs.
Delta Air Lines has received legal clearance to proceed with a significant lawsuit against cybersecurity provider CrowdStrike regarding a massive computer outage in July 2024. A Georgia state judge ruled that much of Delta’s claims may move forward, rejecting efforts by CrowdStrike to dismiss key aspects of the case.
Airbus is employing a strategic delivery route for a new A350 aircraft destined for Delta Air Lines, opting to send the aircraft from Toulouse to Tokyo before its final delivery to the United States. The decision comes amid ongoing trade tensions and tariff risks between the European Union and the United States.
Delta Air Lines has announced the authorization of a $1 billion share repurchase program, marking a significant return to shareholder-focused financial strategies. The repurchase initiative is scheduled to be completed no later than June 30, 2028, and will complement Delta’s existing quarterly dividend payouts.
Delta Air Lines is drawing a firm line in the sand regarding tariffs imposed on aircraft manufactured by Airbus, refusing to absorb the added costs associated with trade measures targeting European aerospace imports. The move marks a potential flashpoint in global aviation, as airlines across continents face increasing pressure from geopolitical economic policy shifts.
Pratt & Whitney (US) and Delta Air Lines (US) have entered into a long-term agreement to expand the GTF engine overhaul capacity at Delta TechOps’ Atlanta facility. This move reflects growing global demand for GTF maintenance support and aims to transform the facility into one of the largest GTF MRO centers in the world over the next decade.
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.
Delta Air Lines, a major player in the global aviation sector, has recently expanded its aircraft fleet by taking delivery of a new Airbus A350-900. This aircraft, with serial number 720, is outfitted with Rolls-Royce Trent XWB-84 engines, known for their operational efficiency and environmental benefits.
Delta Air Lines and LATAM Airlines Group are preparing to integrate Argentina into their existing trans-American joint venture, a move that is still subject to regulatory approval from the Argentine authorities. This expansion would mark a significant enhancement of their collaborative network in South America.
