MOODY’S WARNS ON AIR INDIA DEFAULT
Credit rating agency Moody’s Investor Services has warned that if Air India defaults it will impact the rating of Indian lenders, including SBI, Punjab National Bank, Bank of Baroda, Bank of India, ID...
Credit rating agency Moody’s Investor Services has warned that if Air India defaults it will impact the rating of Indian lenders, including SBI, Punjab National Bank, Bank of Baroda, Bank of India, ID...
Biman Bangladesh Airlines has received a $277 million 12-year loan facility from JP Morgan, guaranteed by the US Export-Import Bank, to purchase two new Boeing aircraft to service its expanding domest...
Bahrain-based investment bank Capital Management House (CMH), has paid its first dividends to investors of its aircraft leasing investment fund. Early investors in the fund, which was established in p...
Insight Investment £169.9m Diversified Target Return fund is targeting aviation funds in a bid to guarantee stable return profiles. Fund managers Steve Waddington and Mike Pinggera have invested in Do...
The Cabinet Committee on Economic Affairs (CCEA) has approved an equity infusion of Rs 1,200 crore into Air India, boosting its equity base to Rs 3,345 crore, which should make it easier for the airli...
Airline stocks continued to tumble yesterday, as investors become more wary of investing in airlines as the broader markets all fall in response to the worsening economic situation in Europe and the U...
Although the Kuwaiti government has succeeded in convince the majority of Kuwait Airways’ 2,600-plus staff to retire, or take other government jobs, in order to cut its crippling wage bill, it may str...
Air India is still searching for finance to pay for one Boeing 787. The airline will receive it first 787 by the end of the year and will need to secure nearly $830 million to cover 85% of the total c...
Shares in Southwest Airlines Company were trading at a 52-week low yesterday at $9.53, below its previous 52-week low of $9.61. Shares are down 25.1% year to date as of the close of trading on Monday....
Natixis Transport Finance has financed the predelivery payments (PDPs) for 24 Airbus A321s due to be delivered to US Airways between 2011 and 2012. At list price, the total aircraft are worth around $...
UTair Aviation affiliate UTair-Finance has issued RUB1.5 billion bonds, with a maturity of five years and a 91 day coupon period. The application book was closed with a coupon level at 9.5% per annum,...
As the initial stage in its privatisation, Kuwait Airways has put up a $280m stake for sale to international carriers and investors. Talks with potential investors will begin this week, reports the Fi...
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