Air Canada has completed the closing of $2.15bn senior secured credit facilities, comprised of a $1.175bn term loan B (maturing in 2031) and a $975 million revolving credit facility (maturing in 2029)...
KfW IPEX-Bank has recorded its most successful financial year since it was founded in 2008, with the bank able to increase its new commitments in 2023 to €24.2bn ($26.22bn) from €18.1bn ($19.61bn) in ...
The Bankruptcy Court for the Southern District of New York has formally approved SAS’ Chapter 11 reorganisation plan, with the Scandinavian airline expecting to emerge from the process around the end ...
Malaysia Aviation Group (MAG) has reported a positive operating profit of 889 million Malaysian ringgits (circa $187.75 million) in 2023, up 64% from 2022. Its cash balance stood at 4.3bn ringgits. ($...
Air Lease Corporation (ALC) has priced an offering of €600 million ($651.7 million) 3.70% senior unsecured medium-term notes (MTNs) due April 15, 2030. Note owners will receive payments in euros. A...
Gatwick Airport's full year revenue was up 30.7% to £1bn ($1.27bn) in 2023, driven by a continual post-pandemic recovery of passenger numbers. It noted that passenger numbers were up 24.7% from 2022 t...
Finnair has executed a reverse stock split, announced on March 20, 2024. A reverse stock split essentially consolidates smaller shares into higher value shares. For every 100 shares, Finnair has co...
ITP Aero reported a full year revenue of €1.3bn ($1.4bn) in 2023, a 25% increase from its full year revenue in 2022. Its cash EBITDA for 2023 was up 48% to €217 million ($237 million). The company sai...
Corporation American Airports (CAAP) has reported a net income (attributable to owners of the parent) was up 42.4% in 2023 to $239.5 million; along with a strong operating income at $540.6 million, up...
Brazilian low-cost airline Gol Linhas Aereas Inteligentes (GOL) has secured its debtor-in-possession (DIP) financing, which included a senior secured DIP facility worth up to $1bn. GOL partnered wi...
Dubai Aerospace Enterprise (DAE) has signed a $420 million 5-year unsecured term loan with China Construction Bank DIFC Branch and China Construction Bank Asia. ""This term loan will serve to furth...
Airline ecommerce solutions company Datalex has managed to narrow its adjusted EBITDA losses in 2023 to $2.9 million, an improvement upon its adjusted EBITDA loss of $5.3 million in 2022. Its loss aft...
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