Southwest Airlines has agreed to buy rival AirTran in a deal that values the Florida-based low-cost airline at $3.4 billion. Southwest’s cash and stock deal offer amounts to $7.69 a share, a 69% premi...
Ilyushin Finance Company (IFC) and Polet Airlines have reached an agreement on the terms and conditions of delivery of the fourth IL-96-400T freighter. The lease agreement was inked for 15 years in Fe...
IATA’s Giovanni Bisignani has stated that India's airlines are expected to post a $400 million loss in 2010 despite an increase in passenger traffic, and that a coordinated policy approach among gover...
Philippine Low Cost Carrier Cebu Air has set price guidance of 110 to 135 pesos per share for its initial public offer next month from original estimates of 150 pesos per share. It is thought that the...
Air Canada, which narrowly avoided having to file for bankruptcy protection last year has nearly C$1 billion (US$971 million) in debt coming due over the next two years. Now the airline plans to push ...
African Development Fund, the soft loan arm of the African Development Bank (AfDB) Group, has approved a grant in the amount of $8.6 million to finance the Airspace Integration Project of the Common M...
A 757-200 with RB211 engines, MSN 23983, was sold by EAST to Allegiant on 14th September. The sale was arranged by Macquarie AirFinance....
United Aircraft Corporation (UAC) will invest $231.9 million in the production program of Russian-Ukrainian regional jet An-148 until 2012. According to filed papers, $360.5 million have already been ...
Macquarie AirFinance closed on the purchase of one A319-100, MSN 3491, on lease to Volaris. This is part of the ILFC portfolio purchase announced earlier this year. ...
Volga-Dnepr Group transferred $170 million of advance payments from internal funds for five new Boeing 747-8Fs. The catalogue price is around $1 billion. The rest of the funds will be raised from west...
Hainan Airlines has reported net income of CNY557 million ($83 million) for the six months ending 30th June 2010, more than tripling a CNY175 million profit posted in the same period last year, operat...
Kingfisher Airlines hopes to raise $365 million within four months to pay off debt. The airline hopes to raise $250 million from the sale of global depositary receipts and a further $106 million in a...
We're Social