FedEx is to consolidate its companies into a single organisation and operate "a unified, fully integrated air-ground network" by 2024. The unified business will "bring distinct focus on the air networ...
Air China has acquired a majority stake in Shandong Aviation Group and is offering to buy up shares from small and medium shareholders at a price of $0.33 a share. Air China also plans to invest an ad...
Nok Air recently stated that its 2022 audited financial statement would be delayed post which the Stock Exchange of Thailand (SET) has posted an SP sign against Nok Air, that signals the suspension it...
Griffin Global Asset Management has announced that borrowers Palisade Aviation Holdings Warehouse and Palisade Aviation Holdings Warehouse have doubled its senior secured warehouse facility to $2bn. “...
Lufthansa Group on April 5 announced the sale of the rest of its LSG Group catering business to AURELIUS, a private equity company. The deal, the financial terms of which were not disclosed, followed ...
Sun Country Airlines is adding five Boeing 737-900ERs to its fleet, with the last to arrive during 2025. The US carrier has acquired the aircraft from GOAL Aircraft Leasing, which will remain on lease...
Less than a week after saying it would lay off almost all its staff, Virgin Orbit filed for bankruptcy under the relatively lenient Chapter 11 provisions offered in the US. The April 4 announcement fo...
Aviation.One, a new fund, is looking for investors and is promising "unique opportunities" around Falcon Field Airport in Arizona. Aviation.One said it aims to "establish itself as a leader in aviatio...
Wellington Airport has converted $100 million of existing bank facilities into sustainability linked loans, creating direct financial incentives by aligning lower interest rates with meeting agreed su...
Aviation Capital Group (ACG) on April 4 announced the closing of its sale of $600 million 6.25% senior unsecured notes due 2028. The notes are "recourse only to ACG" and are not guaranteed by ACG’s pa...
Jackson Square Aviation (JSA) has raised $2bn to fund new aircraft purchases.The Japan Bank for International Cooperation (JBIC) provided a $1.2bn loan, with MUFG’s portion bringing the total co-finan...
Bank of America, Boom Supersonic, Boston Consulting Group, JPMorgan Chase & Co., Meta and clean energy non-profit RMI are teaming up under the Sustainable Aviation Buyers Alliance (SABA) to purchase s...
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