Cargo Aircraft Management, a subsidiary of Air Transport Services Group (ATSG), has announced its intention to fully redeem all $700 million in aggregate principal amount of its outstanding 2028 Notes. This financial maneuver is scheduled for April 11, 2025, and is subject to the successful completion of the merger between ATSG and Stonepeak Nile MergerCo.
AirAsia Aviation Group, based in Malaysia, is in the advanced stages of finalizing a significant financial agreement that involves securing up to US$226 million in debt financing. This strategic financial move is being facilitated by an undisclosed domestic bank, with the primary aim of refinancing the group’s existing US dollar-denominated debt and allocating funds for various corporate…
StandardAero, a prominent player in the aerospace industry based in the US, has announced the pricing of its upsized underwritten public offering. The offering involves two of its stockholders selling an aggregate of 36 million shares of common stock, each with a par value of $0.01, at a public price of $28.00 per share.
Macquarie AirFinance Holdings, based in Ireland, has successfully priced an offering of $650 million aggregate principal amount of 5.20% Senior Notes due 2028. This private offering is part of the company’s strategic financial planning to secure long-term capital.
AerCap Ireland Capital and AerCap Global Aviation Trust, key entities within the global aircraft leasing industry, have successfully priced an offering of junior subordinated notes. The offering amounts to $500 million in aggregate principal, with the notes set to mature in 2056. These notes will carry a fixed-rate reset structure, starting with an initial interest rate of…
AerSale (US) has entered into a definitive agreement to repurchase 6.428 million shares of its stock from Leonard Green & Partners, its long-term private equity sponsor, at a negotiated price of $7.00 per share. This strategic move aligns with AerSale’s capital allocation plan, reinforcing shareholder value and ownership concentration.
Pivot Airlines (Canada) has announced the appointment of Scott Monsen as its new Chief Financial Officer (CFO), bringing extensive financial expertise to the airline. Monsen’s role will focus on enhancing financial strategy, optimizing operational costs, and supporting Pivot Airlines’ growth objectives.
Southwest Airlines has announced plans to end its fuel hedging policy, marking a major shift in the airline’s financial strategy. The carrier has been one of the few remaining US airlines actively engaged in the oil derivatives market, historically using fuel hedging as a key tool to protect against fuel price volatility.
El Al Israel Airlines has announced a strong financial performance for 2024, recording a net profit of $545 million as annual revenue climbed 37% to $3.4 billion. The airline also delivered a solid Q4 performance, earning $130 million in net profit, with quarterly revenue rising 26% to $851 million.
airBaltic (Latvia) will be able to evaluate the refinancing of its $397 million bond debt starting in May 2026, as the airline seeks to optimize its financial structure and reduce borrowing costs.
