The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, 23 March 2011 in Tunis, a U.S.$ 40-million second lien corporate loan to Ethiopian Airlines to support the purchase...
Engineer Senior has acquired Boeing aircraft engineer specialist, Damar Machine Company, for $24.5 million. The Washington DC-based manufacturer specialises in air beams, wing skins, stow-bin parts, ...
Emirates airline announced yesterday that it has repaid a $500m bond in full on its maturity date March 24, 2011. According to a statement by the world’s third largest carrier, the bond, listed on the...
Fitch Ratings has affirmed the debt ratings of AMR Corp. and its principal operating subsidiary American Airlines, Inc. as follows: AMR: Issuer Default Rating (IDR) at ‘CCC’; Senior Unsecured Rating a...
Boeing has stated that it will consider increasing its dividend in 2012 and repurchasing shares as its cash flow improves following deliveries of the 787 and the 747-8. James Bell, Beoing’s CFO said d...
Chicago is planning to go ahead with its plans to issue about $1 billion of bonds for O’Hare International Airport during the week of April 18. The third lien general airport revenue bonds are planned...
Macquarie AirFinance leased one 737-700, MSN 32423, to Aeromexico on February 28. It was formerly on lease to easyJet. ...
Shares of Boeing Co gained more than 3% yesterday after the successful 747-8 first flight. Boeing shares were up 3% at $71.17 on the New York Stock Exchange. ...
Air New Zealand’s credit rating outlook was lowered to ‘negative’ from ‘stable’ because of the Christchurch and Japanese earthquakes and escalating jet fuel prices. Moody’s affirmed Air New Zealand...
HSH Nordbank has refinanced one Boeing 747-400 Freighter aircraft to Cargolux Airlines. The bank is sole arranger and underwriter. ‘We are very pleased that through this transaction we are able to sup...
Airline shares in the region traded higher on the news of a slight fall in international crude prices, bucking a month-long trend of sharp falls. At midday yesterday, shares of Jet Airways , Kingfishe...
Porter Airlines said yesterday it will decide by the middle of the year whether to take another stab at an initial public offering after it pulled a planned IPO last year. “By the end of the first hal...
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