AMR pays up on offerings as CDS levels rise
Credit-default swaps for AMR Corp, parent company of American Airlines, rose to 49.5% upfront yesterday from 29.25% on August 1, suggesting the market considers the airline to be struggling, if not in...
Credit-default swaps for AMR Corp, parent company of American Airlines, rose to 49.5% upfront yesterday from 29.25% on August 1, suggesting the market considers the airline to be struggling, if not in...
Oman Air has financed its purchase of two Embraer E175 worth $52mn with a loan from BankDhofar. Oman Air has five of the Brazilian jets on order and will be looking at other local banks to support the...
Shares of Kingfisher Airlines (down 4.61%), SpiceJet (down 2.77%) and Jet Airways (down 2.76%) declined as a weak rupee heightened concerns about its impact on operating costs of airline companies. ...
Sir Stelios Haji-Ioannou has withdrawn his request for an extraordinary general meeting of the easyJet board of directors in order to remove a board member after the low-cost airline moved to increa...
Airbus parent company, European Aeronautic, Defence & Space (EADS) has sought to reassure investors that lenders and leasing companies aren’t retreating from the aircraft financing market. CFO Hans ...
AirAsia will only start equity accounting its share of profits from Thai AirAsia (TAA) and Indonesia AirAsia (IAA) when the unrecognised losses at the carriers have been reversed. However analysts e...
Air New Zealand is reported to be preparing to issue a corporate bond next month. The airline hopes to raise as much as $150 million in its first corporate bond issuance since 1991. The bonds will mat...
Deucalion Capital X Limited, an investment fund advised by DVB Bank SE (DVB), has acquired six Rolls-Royce Trent 772 powered A330-300 aircraft from Cathay Pacific Airways and leased them back on long-...
JPMorgan has provided a $277 million 12-year loan to Biman Bangladesh Airlines, which was guaranteed by the Export-Import Bank of the United States. The loan, which will purchase two new Boeing aircra...
The major shareholders of AirAsia and Malaysia Airlines (MAS), Tune Air and Khazanah Nasional respectively, have agreed not to sell their shares for a period of 30 months under the share swap executed...
Capital Management House (CMH), the Bahrain based investment bank, has announced that it has made the second distribution of dividends to GCC investors of its aircraft leasing investment fund for the ...
DVB Bank remained on course during the first half of 2011, boosting its consolidated net income before taxes to €74.9 million, up 26.9% (H1 2010: €59.0 million). DVB’s income (comprising net interest ...
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