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AFI KLM E&M to Acquire Spare LEAP Engines

AFI KLM E&M and CFM International (US) have signed an agreement to purchase up to 10 spare LEAP-1A and LEAP-1B engines. These engines will bolster AFI KLM E&M’s portfolio of LEAP Premier MRO services, enabling the company to provide comprehensive maintenance, repair, and overhaul solutions to airline customers globally.

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Lufthansa Issues €515M Hybrid Bond

Lufthansa has successfully issued an unsecured euro hybrid bond with a total volume of US$515 million (approximately €475 million). This bond is part of Lufthansa’s financial strategy to maintain liquidity and strengthen its financial position. The bond bears an interest rate of 5.25% per annum and has a term of 30 years, demonstrating Lufthansa’s confidence in its long-term stability and growth.

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Azul and GOL Merger Discussions Progress

Azul (Brazil) is reportedly on the verge of signing a Memorandum of Understanding (MOU) with Abra Group (UK)in the coming weeks, paving the way for a potential merger with GOL (Brazil). This move could mark a significant shift in Brazil’s aviation market, bringing together two major carriers to create a dominant player in the region.

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Finnair Reports 5.6% Passenger Growth for December 2024

Finnair (Finland) reported a 5.6% increase in passenger numbers for December 2024, transporting a total of 927,000 passengers. The airline also saw its Revenue Passenger Kilometers (RPKs) rise by 6.7%, while Available Seat Kilometers (ASKs) decreased by 2.2%. Notably, the Passenger Load Factor (PLF) improved by 6.5 points, reaching 77.4%.