Azul Secured Finance, a subsidiary of Azul (Brazil), has announced the commencement of exchange offers for Eligible Holders of its outstanding 11.500% Senior Secured Second Out Notes due 2029 and 10.875% Senior Secured Second Out Notes due 2030. These notes are to be exchanged for newly issued notes of the same respective terms and maturities. The initiative aims to provide greater flexibility…
Air Canada has unveiled its 2028 financial targets, outlining ambitious goals that include achieving US$21 billion in operating revenues, a minimum adjusted EBITDA margin of 17%, and approximately 5% free cash flow margin. These targets highlight the airline’s focus on long-term profitability and sustained financial growth.
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.
SolitAir, a UAE-based airline, has commenced daily scheduled flights between Dubai and Riyadh as of 04 December 2024. The flights are being operated with a Boeing 737-800F, enhancing cargo connectivity between two major economic hubs in the Gulf region.
Singapore Airlines Group has reported passenger traffic for November 2024, carrying a total of 3.3 million passengers. Despite the increase in passenger numbers, the Passenger Load Factor (PLF) experienced a slight dip of 0.8 points, settling at 87%.
LIAT 20, the Antigua-based airline, has announced the launch of direct flights between Jamaica and Antigua starting 20 December 2024. This new route marks a significant milestone in enhancing Caribbean regional connectivity ahead of the busy holiday travel season.
L’Odyssey, a regional airline based in France, has announced plans to launch seasonal flights from Nîmes starting in May 2025. The flights, which will operate through September 2025, will utilize a wet-leased ATR72-600, enhancing connectivity for the region during the busy summer period.
China Southern Airlines has announced strong passenger performance for November 2024, reporting a 9.6% increasein total passengers to 12.8 million compared to the same month in 2023. The airline’s Passenger Load Factor (PLF) also showed significant improvement, rising by 5.9 points to 84.8%, reflecting enhanced operational efficiency and robust demand.
China Eastern Airlines has reported strong passenger growth for November 2024, with total passengers rising 13.9%year-over-year to 11.2 million. This marks a significant improvement in the airline’s performance, reflecting growing demand for air travel and continued recovery in the aviation sector.
Binter, the Spanish regional airline, has announced the launch of six new routes from Tenerife North Airport in 2025. The airline will connect Tenerife to Ponta Delgada, Valencia, San Sebastian, Pamplona, Granada, and Murcia, strengthening its network across Spain and the broader Atlantic region.
