Alaska Airlines has launched a $1.5bn financing backed by its loyalty programme, Mileage Plan. The proposed senior secured term loan facility was launched September 23, 2024. The company also intends ...
Wheels UP said on September 23, 2024, that its key investors Delta Air Lines, CK Wheels, and Cox Investment Holdings have agreed to extend the lock-up restriction with respect to their shares of commo...
Fitch Ratings has upgraded Embraer’s rating from BB+ to BBB-. According to the agency, improving production, delivery profile and the profitability of the business, combined with gross debt reduction,...
Airways New Zealand - the sole air traffic control (ATC) company for the country - posted annual results for the year ending June 30, 2024. The company reported a net operating profit after tax of NZ$...
Air Lease has priced a $300 million preferred stock offering on September 17, 2024. The public offering of 300,000 shares with a 6.00% fixed-rate reset non-cumulative perpetual preferred stock, Series...
Global investment management firm AllianceBernstein has launched the AB CarVal credit opportunities fund (ABAYX), an unlisted closed-end interval fund on September 17, 2024. The company said the fund ...
Brookfield Asset Management and Castlelake closed a $1.5bn strategic partnership in which Brookfield acquired a 51% stake in Castlelake's fee-related earnings and Brookfield Wealth Solutions has commi...
S&P Global Ratings has affirmed a 'strong' overall ranking on ORIX Aviation Systems, as well as a 'stable' outlook rating. The credit rating company said ORIX's rating reflected its stable portfolio a...
Apollo PK AirFinance has launched its third aviation loan asset backed securitisation (ABS) with the $633 million PK AIRLIFT Loan Funding 4 (PKAIR 2024-2). PKAIR 2024-2 – the second loan ABS from PK...
Alaska Air Group boosted its third quarter earnings per share (EPS) guidance in an investor update on September 12, 2024. It estimates an EPS of around $2.15 to $2.25 for the third quarter, improving ...
The IT outage in July 2024 that caused unprecedented chaos on the aviation industry has weighed on Delta's third quarter outlook after it published a revised guidance on September 12, 2024. Total reve...
Avionics services providers L2 Aviation has received a strategic growth investment from growth equity firm Argentum. The investment will enable L2 Aviation to expand its production capacity and capabi...
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