Ryanair unveiled plans July 12 to hire 2,000 pilots over the next three years to match its fleet expansion plans.

The restructuring has been approved by Trans Maldivian Airways' former equity owners Bain Capital and China-based Tempus Global, both of which will retain minority stakes in the carrier, according to a party close to the transaction.

IndiGo is planning to raise INR30 billion ($408 million) through a share sale—less than three and a half months after the Indian LCC giant said it had decided against raising cash.