Pakistan International Airlines (PIA) has its bank accounts frozen due to unpaid taxes to the tune of $9.8 million. The airline owes taxes to Pakistan's Federal Board of Revenue (FRB) and had its acco...
Air France-KLM doubled its net profit in the second quarter to €733million citing high demand in air travel despite rising inflation which has increased costs. The Group reported net profit of €604 mi...
Air France-KLM has entered into exclusive discussions with Apollo Global Management regarding the potential financing of €1.5bn to a dedicated operating affiliate of Air France-KLM. This entity will h...
Vietjet Air has approved a plan to issue VND2 trillion ($84.5 million) worth of corporate bonds in order to meet operating costs. The five-year non-convertible bonds without collateral will have a par...
FTAI Aviation reported net income attributable to shareholders of $46.4 million as of second quarter 2023. Out of this the income from aerospace products was $30.1 million. The company generated $148....
Itasca Re, the Bermuda-licensed reinsurance company created by Castlelake, has provided reinsurance for aircraft non-payment insurance (ANPI) in respect of financial leasing of three A321neo aircraft ...
Surf Air Mobility is all set to start trading on the New York Stock Exchange (NYSE) through a direct listing. Surf Air shares will be available under the ticker symbol ‘SRFM for trading on the NYSE, o...
NAC Aviation 29 has commenced an offer to purchase an amount up to the Tender Cap of its 4.75% Senior Secured Notes due June 30, 2026 at a purchase price per $1,000. The maximum aggregate amount (at f...
SIA Engineering Group Engineering Group (SIAEC) reported revenue of $261.9 million in the first quarter of FY2023-24, an increase of 52.7% over same time last year. The Group’s expenditure also increa...
Aviation Capital Group LLC (ACG) has announced investment in United Airlines Ventures Sustainable Flight Fund. Just five months post its initial launch in February, the fund has increased its investme...
SMBC Aviation Capital Finance has closed a $1bn senior unsecured notes offering. The notes, due 2033, priced with a 5.700% coupon and at US Treasuries plus 195 basis points - were offered at 99.661% o...
AirAsia X Berhad (AAX) is seeking a relief from Bursa Malaysia Securities Berhad (Bursa Securities) to exempt the airline from the requirement to submit a Proposed Regularisation Plan. The airline is ...
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