Abra Group, the majority investor of Gol Linhas Aéreas Inteligentes (GOL) and Avianca Group International, has closed $1.25 billion of comprehensive refinancing transactions, including a new credit fa...
Blighted by industrial action, safety and supply chain issues, Boeing has reported a net loss of $6.17bn in its third quarter 2024 results published on October 23, 2024. This is a marked decline from ...
As the machinist strike at Boeing pushes beyond a month, the US-based OEM has made its third offer: a 35% general wage increase over the four-year contract. The striking workers’ representative IAM Un...
Azorra has closed an offering of $550 million of senior unsecured notes and entered into a $464 million Term Loan B facility.The lessor issued $550 million 7.750% senior unsecured notes due 2030. The ...
Alternative asset manager Wafra has acquired Aquilia Air Capital from Warburg Pincus. As part of the acquisition, Wafra will acquire a controlling interest in Aquila and provide substantial capital to...
Boeing announced further strategic actions after the market closed on 11 October in a bid to remain competitive in the face of the ongoing strike by machinist workers in Portland and Seattle. The US ...
Delta Air Lines expects a slight impact on its fourth quarter revenues from the US elections being held in November, it said in its third quarter earnings report on October 10, 2024.“We anticipate a o...
Airbus and Boeing parts supplier Senior said it would be furloughing and cutting staff in response to the current supply chain challenges in the aviation industry. The British company said in a tradi...
London-based aircraft and engine financier volofin Capital Management closed a 107-asset portfolio transaction.Acting as the sole lender and lead arranger, volofin facilitated the $50 million refinanc...
Southwest Airlines put on show its recovery plan at its investor day on September 26, 2024. The plan “reimagines core product” to supply the evolving customer demand. The airline highlighted its new ...
Activist investor Elliott Investment Management, which holds an 11% stake in Southwest Airlines, intends to call a special meeting at the Dallas airline in "the coming weeks" - possibly "as soon as ne...
Paul Jebely – Airline Economics Trailblazer of the year – has joined international law firm Sterlington as partner and vice chair, international. Widely regarded as the top private aviation attorney g...
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