ch-aviation

Azul launches BRL7.4bn (US$1.3bn) primary share offering to settle debts

Azul Linhas Aéreas Brasileiras has launched a primary share offering to raise up to BRL7.4 billion (roughly US$1.3 billion). The proceeds will be used to settle outstanding debt and strengthen the carrier's liquidity position over the coming months, the company said.

2025-12-23T14:45:48.765985-08:00
FlightGlobalJon Hemmerdinger

Stored jets with Pratt & Whitney GTF engines rise by nearly 90 since mid‑year; one‑third of GTF fleet in storage

By FlightGlobal: Number of grounded jets rises nearly 90 aircraft between mid-year and end-October, with storage rates holding steady at one-third of total GTF-powered fleet as manufacturer works to expand maintenance capacity and introduce durability upgrades.

2025-12-23T11:27:18.380708-08:00
ch-aviation

Wheels Up receives NYSE delisting notice after share-price slump, closes jet sale‑leaseback to raise cash

By ch-aviation: The New York Stock Exchange (NYSE) notified Wheels Up (WUP, Teterboro) on December 17 of non-compliance with the USD1 minimum average share price requirement....

2025-12-23T11:06:35.646996-08:00