Air Lease Corporation (US) has revealed its key activities for the fourth quarter of 2024, showcasing significant progress in its operations and financial strategies. The company delivered 18 new aircraft to its customers and successfully completed the sale of 14 aircraft to third-party buyers, generating $540 million in proceeds.
Mesa Airlines, a regional carrier based in the United States, has announced an agreement to sell 15 used CRJ900 airframes, along with landing gear and associated parts, to a third party. The sale is expected to generate gross proceeds of US$19 million, which will be used to reduce the airline’s outstanding loan with the US Treasury.
Allegiant Travel, a prominent U.S.-based travel company, has secured approximately $293 million through various debt facilities entered into between September 2023 and December 2024. This financial inflow is expected to strengthen the company’s balance sheet and support ongoing operations and strategic initiatives.
Azul Secured Finance, a subsidiary of Azul (Brazil), has announced the commencement of exchange offers for Eligible Holders of its outstanding 11.500% Senior Secured Second Out Notes due 2029 and 10.875% Senior Secured Second Out Notes due 2030. These notes are to be exchanged for newly issued notes of the same respective terms and maturities. The initiative aims to provide greater flexibility…
Vietnam Airlines has announced plans to convene an extraordinary meeting on January 21, 2025, where shareholders will discuss a proposal to issue new shares. The initiative aims to raise funds to increase the airline’s charter capital, with a maximum scale equivalent to approximately $867 million.
Air Astana, Kazakhstan’s national airline, has announced the buyback of 4.1 million shares and Global Depositary Receipts (GDRs) in November 2024. The transaction, valued at $11.9 million, is part of the airline’s ongoing strategy to manage its financial structure and enhance shareholder value.
Boeing has issued a prospectus for an exchange offer of senior notes worth up to $8 billion. This initiative is part of the company’s financial strategy to manage its outstanding debt obligations and optimize its capital structure.
