easyJet has secured a new Revolving Credit Facility (RCF) totaling US$1.7 billion, streamlining its liquidity structure by replacing two previously undrawn credit lines. This newly arranged RCF replaces the US$1.75 billion United Kingdom Export Finance (UKEF) facility and an additional US$400 million RCF, both of which were also undrawn and have now been formally terminated.
BeauTech, a U.S.-based aviation asset manager and leasing company, is actively evaluating financing opportunities, with particular interest in accessing the aviation asset-backed securities (ABS) market. The initiative reflects the company’s preparation for larger-scale transactions projected for the second half of 2025, which are expected to exceed the size and scope of its prior deals.
United Airlines, through its subsidiary MileagePlus Holdings and sub-entity MileagePlus Intellectual Property Assets, has redeemed in full all $1.52 billion aggregate principal of its 6.50% Senior Secured Notes due 2027. This strategic financial move eliminates a large portion of secured debt well ahead of maturity, demonstrating the company’s improved liquidity position and confidence in its capital structure.
Cargojet, a leading Canadian provider of time-sensitive air cargo services, has successfully completed the issuance of US$183 million in senior unsecured notes. The offering, announced earlier, was closed at a fixed interest rate of 4.599%, with a maturity date set for 2030. These notes are not backed by specific assets, indicating investor confidence in the company’s long-term creditworthiness.
Avolon, the Dublin-based aircraft leasing company, has initiated a debt tender offer for several series of its outstanding notes. The offer, which commenced on 19 May 2025, seeks to repurchase up to $800 million in aggregate principal amount of these notes. The strategic move is aimed at optimizing the company’s capital structure and reducing outstanding debt obligations under favorable market…
Norwegian, the low-cost carrier based in Norway, has confirmed that it will repay half of the $115 million convertible loan previously granted by the Norwegian government. The remaining balance of the loan will be converted into equity, effectively leaving the State with a 6.37% ownership stake in the airline.
Finnair, the national carrier of Finland, has announced the appointment of Pia Aaltonen-Forsell as its new Chief Financial Officer (CFO) and member of the Executive Board, effective August 1, 2025. Aaltonen-Forsell brings with her an extensive background in finance, leadership, and corporate governance, which is expected to contribute to Finnair’s post-pandemic recovery and growth strategy.
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.
Avation, the Singapore-based aircraft leasing firm, has announced the repurchase of Senior PIK Toggle Notes due 2026issued under its global Medium Term Note (MTN) program. The repurchase reflects the company’s proactive approach toward managing its capital structure and optimizing future debt obligations.
Sun Country Airlines, a US-based airline, has entered into a significant financial agreement by establishing a four-year $75 million Revolving Credit Facility. This strategic financial arrangement involves major financial institutions including UMB Bank from the US, MUFG Bank, and Sumitomo Mitsui Banking both from Japan, serving as the primary lenders.
