US PRAISES NEW DEAL ON EXPORT CREDIT
The Obama administration has praised the new deal to limit export subsidies on aircraft, echoing its French counterparts. Even though the authorities realise that the deal will make financing aircra...
The Obama administration has praised the new deal to limit export subsidies on aircraft, echoing its French counterparts. Even though the authorities realise that the deal will make financing aircra...
French ministers have commented that they were happy with the deal on export credit for airlines. "The new agreement allows financial support conditions for all civil aircraft to be unified," said C...
Boeing has completed its purchase of Summit Aeronautics Group. The company manufactures parts for Boeing’s Everett-built 747, 767 and 787 wide-body aircraft and its military offerings. Summit will...
Aer Lingus yesterday made the move to pay its employee share ownership trust (Esot) €25.3 million to clear its debt, which was held by Anglo Irish Bank. These borrowings relate to stock bought at t...
AerCap has the lowest Price to Earnings to Growth (PEG) ratio in the aerospace and defense industry. PEG assesses the tradeoff between the price of a stock and expected growth, which means the lowe...
The new export credit rules agreed this week, to be confirmed by January 20, will make financing more expensive using export guarantees because the premiums will be raised from February 1. Minimum ...
China Southern Airlines plans to boost the registered capital of Xiamen Airlines to three billion yuan from 1.2 billion yuan jointly with Xiamen C and D Corporation and Hebei Aviation Investment Gro...
Analysts have warned Kingfisher Airlines that it should guard against adding fresh debt and losing senior executives despite the restructuring of its Rs.7,000 crore debt having been approved by the...
China Eastern Airlines and China Ocean Shipping have stated they will inject funds into their joint venture China Cargo Airlines. It is hoped the CNY2.05 billion ($308 million) cash injection will b...
Equities research analysts at Soleil Securities upgraded shares of Southwest Airlines Co. from a “hold” rating to a “buy” rating in a research note to clients and investors on Friday. The analysts ...
Equities research analysts at Zacks Investment Research downgraded shares of Pinnacle Airlines Corp. from an “outperform” rating to a “neutral” rating in a research note to clients and investors on...
The six largest US airlines have built up $23.8 billion in cash to cushion against future shocks and to pay down outstanding debt. This is the highest US airlines have had cash as a percentage of a...
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