The top ten US carriers, excluding American Airlines and its shirt-burning Chapter 11 entrance and $2bn loss, performed well in 2011with revenue on the main increasing by over 10% while fuel costs s...
The Guggenheim Airline ETF (FAA) was pushed to a nearly 6.2% loss on the day yesterday. The product was led lower by its heavy holdings in Delta which comprises 17.2% of the fund, United Continental ...
Stelios Haji-Ioannou, the founder of EasyJet, is to invest $500 million in a low-cost African airline with Ghana’s capital, Accra, as its regional hub. “We could link Ghana to 10 or 15 different cou...
The prospectus for the “Doric Aviation Bonds I” was approved for publication by the Commission de Surveillance du Secteur Financier of Luxembourg on 17th February 2012, marking the start of the synd...
Brazilian airline GOL Linhas Aereas Inteligentes (GOL) has hired JPMorgan to coordinate plans to issue overseas perpetual bonds. The amount of the issuance has not yet been revealed. ...
Cebu Air, operator of low-cost carrier Cebu Pacific, has borrowed $150 million to $160 million from foreign banks to part finance its order for four A320s to be delivered later this year. “We borrowed...
Spirit Airlines has priced its secondary offering of 11,000,000 shares of common stock at a price to the public of $14.50 per share. All of the shares of common stock are being sold by existing stock...
Aldus Aviation, the Shannon, Ireland-based international aircraft leasing company, completed the delivery of three new Embraer E-Jets in December, marking the first drawdowns under its export credit f...
Airline software business Rainmaker has secured €1.5 million from the Diageo Ulster Bank venture capital fund, which is managed by NCB Ventures, a division of the NCB stockbroking firm. Rainmaker is r...
Ethiopian Airlines has accepted a bid submitted by the Aviation Industry Corporation of China to construct a $100 million maintenance hanger. The AVIC and Ethiopian Airlines are discussing financing f...
Sir Stelios Haji-Ioannou has secured investment from John Dodd and Adrian Paterson, co-managers of the Artemis Alpha Trust, and Giles Hargreave or Hargreaves Hale, for his African start-up venture Fas...
BAA has announced the successful placing of its inaugural Swiss franc debt capital markets transaction, a CHF 400 million five-year bond. The bond has a fixed annual coupon of 2.5%. Proceeds from the ...
We're Social