Vietnam Airlines, the national flag carrier of Vietnam, has signed a memorandum of understanding (MOU) with ING, a Netherlands-based global financial institution, to secure funding of up to $1.5 billion. This significant agreement is part of the airline’s broader plan to finance strategic projects, modernize operations, and ensure long-term financial resilience.
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Capital A, the Malaysian aviation group and parent company of AirAsia, is actively exploring the possibility of listing on the Hong Kong Stock Exchange as part of its long-term strategic objectives. This initiative is driven by the company’s ambition to expand its access to global capital markets and better position itself for future growth and investment opportunities.
SKY Airline, based in Chile, and Air Europa, headquartered in Spain, have entered into an interline agreement, enabling seamless connectivity for passengers through key hubs in Madrid and Medellin. The partnership enhances travel options across Europe and Latin America, strengthening ties between the two regions.
Swiftair, a Spanish airline known for its cargo and charter services, has enhanced its fleet with the addition of an Airbus A321P2F, serial number 3964. This freighter aircraft, leased and powered by V2533-A5 engines, will support Swiftair’s expanding cargo operations across Europe.
Sun Country Airlines has strengthened its financial position by raising $60 million through a new C-tranche appended to its 2019-1 Enhanced Equipment Trust Certificate (EETC). The airline used the full amount to pay down a significant portion of its term loan, which was financing five Boeing 737-900ER aircraft. This move reflects the airline’s strategy of optimizing its capital structure, reducing long-term debt obligations,…
Supernova Airlines, a Ukraine-based carrier, has successfully completed its first cargo charter flight utilizing a Boeing 737-800F. This inaugural flight represents a significant achievement for Supernova Airlines as it expands into the air cargo sector, aiming to meet the increasing demand for logistics and freight services within and beyond Ukraine. The Boeing 737-800F, a popular choice for cargo…
Croatia Airlines has reported a net loss of €9 million for the third quarter of 2024, a period traditionally profitable for the carrier. This downturn is primarily attributed to elevated expenses associated with the ongoing transition to a new fleet of Airbus A220 aircraft.
