Triumph Group has offered to purchase up to $580 million of its outstanding 9.000% senior secured first lien notes due March 14, 2028. The purchase will be made with a portion of the net cash proceeds...
Aviation Capital Group (ACG) has reported its 2023 fourth quarter revenues were $317 million and pre-tax net income was $33 million. ACG had added seven A320neo family aircraft in the fourth quarte...
TUI shareholders have voted in favour to delist the company's dual listing from London Stock Exchange (LSE), instead choosing a single listing on the Frankfurt Stock Exchange. The vote was almost unan...
Airbus has reported total revenues of €54.4bn ($70.2bn) for 2023, with its commercial aircraft sector accounting for €47.7bn (€51.2bn): a 15% increase from 2022. “It was a landmark year as we have rea...
AAR has priced and upsized its offering of five year senior notes. The $550 million notes offering - upsized from $500 million - is priced at 6.750%. The company intends to use the note net proceed...
ATR is targeting a book-to-bill ratio of over one in 2024 as the regional aircraft manufacturer reports a 53% increase in aircraft sold in 2023 compared to the previous year. In 2023, the company a...
JetBlue's stock surged 15% in extended trading after investor and businessman Carl Icahn disclosed a 9.91% stake in the US airline via a securities and exchange (SEC) filing. Icahn purchased the sh...
WestJet has extended the maturity of the majority of its term loan borrowings to 2031 through a new secured term loan facility. ""We are very pleased with this innovative structure, secured by our ...
easyJet has launched a £4bn ($5.05bn) Euro Medium Term Note (MTN) programme. The issuers are easyJet plc and easyJet FinCo. Société Générale is acting as arranger and dealer with Barclays, BofA Sec...
Spirit AeroSystems expects long-term financial renegotiations with Airbus surrounding the losses in its A350 and A220 program to conclude by the end of the month. ""We are working to not only impro...
Spirit Airlines CEO Ted Christie has called the recent speculation over its future should the JetBlue merger not succeed a “misguided narrative” that has been pushed by various “pundits” in its fourth...
Air Astana has announced the pricing and the successful completion of the bookrunning process in relation to its initial global offering of shares and GDRs, with the offer price set at $9.50 per share...
We're Social