Wamos Air Settles $67.4 Million Loan Early, Clears SEPI Debt
Wamos Air, a Spanish airline known for its charter and wet lease operations, has made an early repayment of a $67.4 million loan.
Southwest Airlines Earns Baa1 Rating, Outlook Lowered to Negative
Moody’s Investors Service recently affirmed a Baa1 senior unsecured debt rating for Southwest Airlines, reflecting the airline’s robust balance sheet and leading position in the U.S. domestic market.
Smart Aviation Negotiates $20 Million Loan for Aircraft Acquisition
Smart Aviation, an Egypt-based charter airline, is currently negotiating a $20 million loan with CIAF Leasing to facilitate the acquisition of used long-range passenger aircraft.
Wamos Air Joins Abra Group Following Completed Acquisition
Wamos Air, a leading Spanish airline specializing in air charter and wet leasing services, is now officially part of the Abra Group, a UK-based aviation holding company.
Qazaq Air’s Sale to SOVICO Group Delayed Until Late 2024
The sale of Qazaq Air, the national airline of Kazakhstan, to Vietnam’s SOVICO Group has encountered delays due to the ongoing instability in the Middle East.
Airlines | Codeshare | Corporation | Merger | Network
Malaysia Airlines and IndiGo Sign Strategic Codeshare Agreement
Malaysia Airlines and IndiGo, India’s largest low-cost carrier, have entered into a strategic codeshare agreement aimed at enhancing travel connectivity between Malaysia and India.
Cathay Group Supports Government’s Plan to Strengthen Hong Kong’s Aviation Hub
Cathay Group, the parent company of Cathay Pacific, has expressed strong support for the Hong Kong SAR Government’s efforts to further establish Hong Kong as a premier international aviation hub.
GOL Clarifies Chapter 11 Exit Financing Process Has Not Yet Begun
GOL Linhas Aéreas Inteligentes, Brazil’s largest airline, has issued a clarification regarding its Chapter 11 restructuring process.
Frontier Airlines Pilots Vote to Authorize Strike Amid Contract Talks
Frontier Airlines pilots, represented by the Air Line Pilots Association (ALPA), have overwhelmingly voted in favor of authorizing a strike amid ongoing contract negotiations.
Deucalion Aviation Appoints Nate Riggs as Chief Commercial Officer
Deucalion Aviation, a leading aircraft asset management company based in the UK, has appointed Nate Riggs as its new Chief Commercial Officer (CCO), effective in early 2025.