In a relief for Go First, the airline’s lenders have granted approval for an interim funding of approximately INR 4000 million, as per sources. This is a huge step in the airline’s efforts to revive c...
Go First, has sought additional funds at a lenders meeting, reports Reuters citing bank sources. The airline is seeking funds worth $122 million, with lenders expected to evaluate proposals in the nex...
Air Canada has prepaid loans of approximately $650 million from Export Development Corporation (EDC) used by the company to help fund its acquisition of 19 Airbus A220-300 aircraft. The prepayment, wh...
The Export-Import Bank of the United States (EXIM) Board of Directors have voted unanimously in favour of renewing a 90% guarantee of a $500 million facility for Citi under EXIM’s Supply Chain Finance...
MTU Aero Engines has raised its earnings forecast for the current financial year with adjusted EBIT expected to exceed € 800 million. This forecast is in light of expectations regarding future busines...
Hungary's government has awarded Rolls-Royce €4.6 million as a part of three-year state funding to bolster the development of zero-emission aircraft. With this grant Rolls-Royce plans to advance the c...
Aviation Capital Group (ACG) closed its sale of $500 million aggregate principal amount of 6.375% senior unsecured notes due 2030. The Notes are recourse only to ACG and are not guaranteed by ACG’s pa...
Volaris has invested around $50 million along with Indigo Partners, GenZero, Cleanhill Partners, Frontier Airlines, and Wizz Air to accelerate the production of Sustainable Aviation Fuel (SAF) worldwi...
Akasa Air is looking to raise $75-100 million by offering fresh shares to expand its business and to make pre-delivery payments for aircraft, sources claim. Akasa Air has 72 Boeing 737 MAX on order ou...
Azul is in the market with an offering to exchange existing senior notes for new senior secured notes. Issued via subsidiary, Azul Investments, the offer proposes exchanging the 5.875% senior notes du...
United Airlines is in the market with the first enhanced equipment trust certificate (EETC) transaction for many months. United is offering a single trance of Class A notes due 2036 valued at $1.32bn...
OXCCU has completed a $22.7 million Series A financing to commercialise cost-effective sustainable aviation fuel (SAF). The round was led by Clean Energy Ventures with participation from investors Ara...
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