Nepal Airlines has continued to reduce its outstanding aircraft debt with the repayment of an additional $3.9 million, bringing its total loan repayments to $545 million. These repayments relate to loans obtained from the airline’s employee fund for the acquisition of four aircraft.
Electra.aero, a US-based aerospace innovator focused on sustainable flight solutions, has secured $115 million in Series B funding to propel its EL9 program into pre-production and certification stages. The EL9 is an ultra-short takeoff and landing (ultra-STOL) electric hybrid aircraft designed for point-to-point mobility in urban and remote regions.
GOL Linhas Aéreas Inteligentes, the Brazilian low-cost airline, has indicated that it may delay its planned exit from Chapter 11 bankruptcy proceedings in the United States unless it is able to secure the full $1.9 billion in required funding by May 15, 2025. To date, the airline has successfully secured $1.25 billion in investor commitments, leaving a funding gap…
Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has reported a 93% decline in its 2024 net profit, citing the dual impact of lower average airfares and capacity constraints driven by global supply chain and maintenance issues. The carrier posted a net profit of $12 million, down sharply from the prior year.
Falko, a UK-based regional aircraft leasing company, has announced that Kroll Bond Rating Agency (KBRA) has upgraded the rating of its Series A Loans issued under the Regional 2021-1 transaction, raising them from A- to A. The upgrade underscores Falko’s strong portfolio performance and effective asset management in a volatile leasing environment.
China Southern Airlines is reportedly planning an initial public offering (IPO) of its cargo subsidiary, China Southern Air Logistics, with the listing expected to take place in Hong Kong. The move is aimed at raising substantial capital to support the division’s growth, amid strong demand in the global air freight sector.
Avation PLC, a Singapore-based aircraft leasing company, has announced the repurchase of $3 million in face value of its Avation Capital Senior PIK Toggle Notes due 2026, issued under its global Medium Term Note (MTN) program. Following the cancellation of these notes, the remaining outstanding amount now stands at $326.5 million.
Air New Zealand has projected its earnings before taxation for fiscal year 2025 to fall within the range of $88 million to $112 million, a forecast that includes $20–24 million in expected compensation for aircraft that have been grounded. The airline disclosed that 11 aircraft remain grounded, primarily due to global supply chain challenges and delays in maintenance cycles.
Korea Express Air, a South Korean regional airline, is anticipated to be put up for sale as it navigates ongoing management and financial difficulties. The carrier has been under corporate rehabilitation procedures since October 2024, and its stakeholders are now considering strategic options, including a full sale, to stabilize the business.
United Airlines has released its Q1 2025 financial results, reporting total operating revenue of $13.2 billion, reflecting a 5.4% increase compared to the same quarter the previous year. The carrier also posted a net income of $400 million, reinforcing its recovery momentum and financial resilience in a complex market.
