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ch-aviationDirk Andrei Salcedo

Air Premia plans $76M rights issue to fund growth

South Korea’s Air Premia (Incheon-based) plans to raise KRW110 billion (USD75.9 million) via a shareholder rights issue of 550 million new common shares priced at KRW200 (USD0.13) each. The capital raise is designed to support the airline’s next phase of development.

2026-07-29T20:31:56.732530-07:00

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Air Premia plans $76M rights issue to fund growth

South Korea’s Air Premia (Incheon-based) plans to raise KRW110 billion (USD75.9 million) via a shareholder rights issue of 550 million new common shares priced at KRW200 (USD0.13) each. The capital raise is designed to support the airline’s next phase of development.

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Bloomberg

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Lufthansa and Air France-KLM submit binding bids for TAP Air Portugal 44.9% minority stake in Portugal’s privatization

Portugal’s state investment company Parpública is selling a 44.9% minority stake in TAP Air Portugal as part of a reprivatization process. Lufthansa Group and Air France-KLM have both entered the race with formal, binding offers, positioning TAP to strengthen Lisbon’s hub and Europe–Latin America and trans-Atlantic routes.

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European Cargo administrators seek buyer as A340 freight carrier weighs restructuring

Administrators for the UK-based freight operator European Cargo are assessing options to preserve the carrier’s A340 fleet and determine whether the business can be rescued as a going concern. They cite “significant” levels of debt that would need restructuring and are reviewing inbound China–UK services tied to revenues.

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Bloomberg

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Koala Airlines says it is in talks with 10+ foreign carriers to supply Australian domestic feed for outbound passengers, aiming

Australian startup Koala Airlines says it is negotiating with more than 10 foreign carriers to provide domestic flights to their passengers after they arrive in Australia. The company positions the model as a way to route demand without directly competing with Qantas Airways.

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