Azerbaijan’s State Oil Fund (SOFAZ) has announced a £50 million (US$67 million) investment in London Gatwick Airport (LGW) in partnership with Global Infrastructure Partners (GIP), a U.S.-based firm now part of BlackRock. The investment marks one of SOFAZ’s largest single infrastructure deals in Europe, underscoring the sovereign wealth fund’s long-term strategy to diversify into global infrastructure and sustainable assets.
Garuda Indonesia is set to receive a substantial $405 million shareholder loan from Danantara Asset Management, Indonesia’s sovereign wealth fund, in a significant move aimed at bolstering the national carrier’s financial stability and operational recovery. This funding is part of a wider $1 billion support package intended to ensure the airline’s long-term viability.
Capital A, the parent company of AirAsia, is aiming to complete its Proposed Regularization and Restructuring Planby June 2025, marking a pivotal step in its post-pandemic recovery roadmap. The plan includes major financial and operational restructuring, with significant implications for the group’s airline subsidiaries and broader aviation assets.
