Icelandair has released its March 2025 traffic results, showing solid year-over-year growth across key performance indicators as the carrier continues to rebound in both passenger demand and operational output.
LATAM Airlines Group, the largest airline holding company in Latin America, has received a series of credit rating upgrades from Fitch Ratings (US), reflecting improved financial performance and stronger fundamentals following its post-bankruptcy recovery. The agency affirmed a Positive Outlook across all categories.
Chorus Aviation, based in Canada, has announced its intention to initiate a substantial issuer bid (SIB) through which the company will offer to repurchase up to US$17.5 million worth of its outstanding Class A Variable Voting Sharesand Class B Voting Shares. The move is part of Chorus Aviation’s ongoing capital management strategy aimed at delivering value to shareholders.
VietJet, Vietnam’s low-cost carrier, is preparing to sign a US$200 million aircraft financing agreement with AV Air Finance (US) next week, signaling continued momentum in its ambitious fleet expansion plans. The deal is expected to support upcoming deliveries and fortify VietJet’s financial position as it accelerates growth across its regional and long-haul networks.
Thai AirAsia has initiated the issuance and offering of High-Risk Secured and Callable Debentures, with backing from a corporate guarantor. The offering totals US$58.5 million, with a 5.5% annual coupon rate and a tenor of 2.5 years. This financial instrument is designed to attract yield-seeking investors while supporting Thai AirAsia’s ongoing liquidity and operational funding needs.
Spirit Airlines, a major U.S.-based ultra-low-cost carrier, has successfully completed a private offering of its Class B® Pass Through Certificates, Series 2025-1B®, with an aggregate face amount of US$215 million. The offering represents another strategic move to bolster the airline’s financial flexibility as it navigates current industry challenges and positions itself for long-term sustainability.
SMBC Aviation Capital Finance, a subsidiary of SMBC Aviation Capital based in Ireland, has successfully completed the sale of US$500 million in five-year senior unsecured notes, priced at a principal rate of 5.10%. The offering represents a major financing initiative for the aircraft leasing group as it continues to expand and optimize its capital structure.
Air Mauritius has received a critical financial lifeline from its parent company, Airport Holdings Ltd (AHL), which has formally converted a US$176 million shareholder loan into equity. This move comes as AHL acknowledges the airline’s ongoing financial challenges and aims to stabilize its capital structure during a period of fiscal strain.
Aerolineas Argentinas, the national carrier of Argentina, has reported a confirmed net profit of US$114 million for the year 2024. The figure was validated by the country’s Treasury Department, marking a significant financial milestone for the airline after years of fiscal challenges.
Aero Capital Solutions (ACS), based in the United States, has announced the final closing of its fourth and largest aviation investment vehicle to date, securing total aggregate equity commitments of US$936 million. The fund underscores the growing investor appetite for aviation assets and ACS’s expanding role as a major player in the aircraft leasing and investment…
