DAE increases bond repurchase program
The Board of Directors and Shareholders of Dubai Aerospace Enterprise had authorized an additional $300 million for bond repurchases to be conducted through open market transactions. To date, DAE has ...
The Board of Directors and Shareholders of Dubai Aerospace Enterprise had authorized an additional $300 million for bond repurchases to be conducted through open market transactions. To date, DAE has ...
United Airlines recorded a $256 million pre-tax loss for the first quarter of 2023 (Q1 2023), even as revenue grew 51.% year-on-year to $11.4bn. The loss was "consistent with expectations provided in...
AirAsia X has requested an extension of three months to Bursa Malaysia to file its regularisation plan. The latest application requests a new date of July 28, 2023. In the October 2022 filing, the com...
The Asian Infrastructure Investment Bank has extended a €140 million loan to the operator of Turkey's Antalya airport to improve its existing runway capacity and terminal infrastructure. The capex bri...
MTU Aero Engines said its first-quarter revenues reached €1.54bn, with its maintenance, repair and overhaul operations making up just over £1bn of the total. "Before consolidation effects, the OEM seg...
Confusion around pricing and the perceived lack of a policy framework could stall the roll-out of sustainable aviation fuel (SAF) in Europe, says International Airlines Group (IAG) chief executive Lui...
Watson Farley & Williams has advised Ultimate Aviation Group (OHS UK) in a key transaction of acquiring Offshore Helicopter Services UK from CHC Helicopter Group. The transaction involved flexibility ...
JetBlue is proceeding with its previously-announced plan for a pre-payment of 10 cents a share to Spirit Airlines stockholders. “JetBlue has set April 24, 2023, as the record date for the April 2023...
Bamboo Airways’ plans of raising $410 million via private placement of shares have been rejected by 56.4% of the shareholders during the general meeting held on April 10, 2023, local media reports. Th...
Pakistan International Airlines has requested additional funds worth $157.1 million from Pakistani government for payment of interests and covering operational costs. The break-up of the amount stands...
Aircraft lessor TrueNoord has closed a new five-year term loan of $275 million to expand its aircraft assets.The cash will also help "finance a well-diversified portfolio of 31 owned regional jet and ...
Air Charter Service said its 2022 results "exceeded expectations" in 2022 with a 35% growth in private jet income and the arranging of 28,000 charter flights, including for over 2,000 new customers. ...
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