Azul has reported its unaudited financials for August to the US Bankruptcy Court for the Southern District of New York. The move follows the airline's filing for Chapter 11 bankruptcy in May this year...
Spirit Airlines has secured a multi-tranche debtor-in-possession (DIP) financing facility of up to $475 million, the airline said on September 30, 2025.The financing was secured from its existing bond...
Chorus Aviation has completed the redemption of its remaining 6.00% convertible senior unsecured debentures due June 30, 2026. The redemption was completed on Tuesday (September 30).On August 5, 2025,...
AAR has priced an underwritten registered public offering of 3 million shares of its common stock at a public offering price of $83.00 per share.The underwriters have a 30-day option to purchase up to...
Delta Air Lines has refinanced its SkyMiles credit facility, the company said in an SEC filing submitted on Tuesday (September 30).The amendment refinances the airline's existing term loans with new r...
Aircraft engine lessor Willis Lease Finance Corporation (WLFC) has appointed Pascal Picano as senior vice president of aircraft leasing & trading, effective immediately (September 30). Picano will rep...
Spirit Airlines will receive a $150 million liquidity infusion from its largest lessor, AerCap, bankruptcy court documents revealed today (September 30).As previously reported, the two parties had sig...
Flybondi, Argentina’s largest cow-cost carrier, has acquired 10 aircraft and opened four new routes, ahead of a “record” season this summer.The 10 aircraft, which include Airbus A320s and Boeing 737-8...
Canadian low-cost carrier WestJet is offering identity protection services to customers affected by a data breach that took place in June this year.In its latest update on the incident, the airline sa...
Ashland Place, the aviation asset financing platform backed by Davidson Kempner Capital Management (DKCM), has successfully priced its second aviation loan asset-backed securitisation transaction, APL...
Global passenger demand rose 4.6% in August 2025, compared to a year prior, according to data from the International Air Transport Association (IATA). IATA director general Willie Walsh said the deman...
Global air travel is projected to reach 9.8bn passengers for 2025, setting itself up to hit the historic 10bn passengers milestone in 2026.In 2025, international passenger traffic is expected to grow ...
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