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Voepass Files For Bankruptcy Protection Amid LATAM Dispute

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Voepass Linhas Aéreas, a regional carrier in Brazil, has officially filed for bankruptcy protection, citing business disruptions stemming from its relationship with LATAM Airlines as a principal factor in its ongoing financial crisis. The filing comes as Voepass reports a total debt burden of approximately US$36.7 million.

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Cargojet to Redeem 5.75% Hybrid Debentures on December 27, 2024

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Cargojet, a leading Canadian cargo airline, has announced its decision to redeem in full all of its outstanding 5.75% senior unsecured hybrid debentures on December 27, 2024. The debentures, originally scheduled to mature on April 30, 2025, will be repaid earlier than anticipated as part of Cargojet’s strategic financial management plan. This move underscores the company’s focus on maintaining…

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L’Odyssey Postpones Launch of Seven New Destinations

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L’Odyssey, a Swiss-based airline, has announced the postponement of the launch of seven new destinations from Nîmes Airport. Originally planned for the 2025 summer season, the openings have been rescheduled to mid-December 2024, citing the need for further clarifications from the DGAC (Direction Générale de l’Aviation Civile).

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Embraer Establishes Global Leasing and Freighter Team in Amsterdam

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Embraer Commercial Aviation has announced the establishment of a dedicated Global Leasing and Freighter teambased in Amsterdam, reinforcing its commitment to aircraft leasing and the growing demand for passenger-to-freighter (P2F) conversions. The new division will be led by Oliver Gerg, who assumes the role of Senior Vice President Global Leasing and Freighter, bringing extensive expertise in aviation leasing and fleet management.

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AV AirFinance Appoints Jonathan O’Dowd as Senior Vice President of Investments

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AV AirFinance, a global commercial aviation loan servicer headquartered in Dublin, Ireland, has announced the appointment of Jonathan O’Dowd as Senior Vice President of Investments. Based in Singapore, O’Dowd will oversee global credit underwriting and manage strategic airline relationships, contributing to the company’s expansion in the Asia-Pacific region.