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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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Norwegian Group Reports 26.4 Million Passengers in 2024

Norwegian Group reported a total of 1.8 million passengers for December 2024, with 1.4 million traveling on the mainline unit and 293,000 flying with its subsidiary, Wideroe. Over the course of the year, the Group transported more than 26.4 million passengers, marking a significant recovery in travel demand across its network.

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Kenya Airways Shares Resume Trading After Five-Year Suspension

Kenya Airways, the national carrier of Kenya, has resumed trading its shares after a suspension that lasted nearly five years. The suspension was initially implemented as part of a comprehensive restructuring effort to revive the struggling airline and address its financial challenges. The process aimed to reduce the airline’s reliance on state resources and restore its…

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Ethiopian Airlines Adds A350-1000 with Trent XWB-97 Engines

Ethiopian Airlines has taken delivery of its first Airbus A350-1000, featuring serial number 710. The aircraft is powered by Trent XWB-97 engines, manufactured by Rolls Royce, which are recognized for their exceptional performance, efficiency, and environmental benefits.

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Cambodia Airways Seeks to Expand Fleet with A320s

Cambodia Airways is actively expanding its fleet as part of its growth strategy by seeking Airbus A320 aircraft for inclusion. The airline plans to acquire these aircraft through dry leasing agreements, allowing it to scale operations efficiently while maintaining flexibility in its fleet composition.