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SKY Airline, Abra Group In Talks Over Debt And Ownership

SKY Airline, a prominent low-cost carrier in Chile, is currently engaged in negotiations with bondholder Abra Group (UK) concerning its $100 million bond, which matures in Q4 2026. The bond includes a conversion option, allowing Abra to turn the debt into a 40% ownership stake in SKY. These talks could have major implications for the airline’s future ownership structure and financial independence.

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Viva Takes Delivery of Five A320neos on Wet Lease From Sky Airline

Viva, the low-cost carrier based in Mexico, has expanded its operational capacity with the delivery of five Airbus A320neo aircraft through a wet lease agreement with Sky Airline of Chile. The aircraft involved carry serial numbers 10034, 12320, 12325, 12319, and 12344.

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Abra Group Maintains Interest in SKY Airline with Share Conversion Option

Abra Group (UK) continues to express interest in SKY Airline (Chile), with the option to convert an existing loan into shares. This arrangement provides the Group with a potential future stake in the Chilean low-cost carrier, reinforcing its presence in the South American market.