Automotive manufacturing company Stellantis has completed an open market purchase of 8.3 million shares of Archer Aviation's stock. ""This recent move by Stellantis signals our confidence in Archer...
Airbus has decided to no longer pursue discussions with IT company Atos on the acquisition of its big data and security (BDS) business line. A spokesperson for Airbus said: “Airbus’s decision follo...
AerCap has issued an exchange offer of up to $1.5bn of its unregistered outstanding 6.45% senior notes due 2027, which were issued in November 2023, for a like principal amount of new 6.45% senior not...
easyJet has announced the pricing of €850 million ($929 million) of bonds under its Euro Medium Term Note (EMTN) programme, due to be issued on March 20 2024. They will mature in March 2031 and were s...
Triumph Group has updated its financial guidance for its full year fiscal 2024, which ends March 31, 2024. The update follows the recent closing on the sale of its former product support business to A...
US private aviation provider Wheels Up has narrowed its net loss in the fourth quarter of 2023 to $81.1 million, down from $224.9 million in the same period a year prior. Revenue in the fourth quarter...
Westcap has invested in Northway Aviation and Northway Aircraft Leasing, completed in syndication through Westcap's managed funds Westcap MBO III Investment and Connect Manitoba Growth Fund. Westca...
Capital A, owner of AirAsia, has finalised a business combination agreement with special purpose acquisition company Aetherium Acquisition in the US public markets. The deal values Capital A, which wi...
In its shareholder letter for the fourth quarter of 2023, Lilium said it expects its adjusted cash spend for the first half of 2024 to be between $187-198 million. The expectation is in line with its ...
Archer Aviation, developer of the Midnight eVTOL (electric vertical takeoff and landing) craft, has reported a net loss of $457.9 million for the full year 2023 despite noting a strong liquidity posit...
Global alternative investment manager Castlelake has entered into a joint venture agreement with Samhällsbyggnadsbolaget i Norden (SBB), a Nordic-based social infrastructure property. Castlelake will ...
French aircraft manufacturer Elixir Aircraft has finalised its total capital financing budget of €40 millions ($43.4 million) over the next five years. The funding will be allocated to the constructio...
We're Social