Gol announces swing back to profit in Q4 2022
Brazilian airline Gol recorded R$230.9 million (US$ 44.5 million) profit in the fourth quarter of 2022 (Q4 2022), a turnaround from the R$2.8bn loss reported in 2021. The airline, which recently anno...
Brazilian airline Gol recorded R$230.9 million (US$ 44.5 million) profit in the fourth quarter of 2022 (Q4 2022), a turnaround from the R$2.8bn loss reported in 2021. The airline, which recently anno...
Nippon Yusen Kabushiki Kaisha (NYK), Shipping and logistics company has signed a memorandum of understanding with ANA Holdings to transfer the entire shares of its cargo airline Nippon Cargo Airlines ...
Vmo Aircraft Leasing has increased and extended its warehouse credit facility to $1.225bn. Banks including BNP Paribas, Goldman Sachs, KeyBank and Societe Generale have been added to the extended faci...
Funds managed by global investment firm Carlyle announced "a definitive agreement" on March 6 to sell PrimeFlight Aviation Services to Capitol Meridian Partners and The Sterling Group. PrimeFlight, a ...
Airbus has announced series of share buyback transactions under a programme that started on 27 February 2023. The buybacks are "for the sole purpose of covering Airbus’ long-term incentive plan in sha...
Cargojet reported revenue of C$267 million (US$ 196 million) for the fourth quarter of 2022 (Q4 2022), an increase on the C$235.9 million recorded during the same period in 2021. Gross margin for the ...
S&P Global Ratings has placed the notes issued in two of business aircraft finance provider Global Jet Capital’s (GJC) asset-backed security (ABS) transactions on CreditWatch with positive implication...
Brazilian airline GOL has arranged $1.4bn private placement financing, with Abra Group, a holding company that will control GOL and fellow carrier Avianca. Abra will invest up to $451 million cash int...
US-based aircraft leasing company Castlelake Aviation has closed a $635 million incremental term loan B facility which it will use to refinance existing debt and for general corporate purposes. The fa...
Azul has reached commercial agreements with lessors to cut payments on more than 90% of its lease obligations. The Brazilian airline said that the deals "represent a significant part of a comprehensiv...
Direct lending has become a popular avenue for lessors and other major aviation companies looking to assist their clients and customers with financing. GA Telesis (GAT) and Tokyo Century (TC) have joi...
GE Aerospace has said it expects to invest more than $335 million in the US in 2023. The money will be used to improve assembly, expand capacity and enhance safety infrastructure at sites in five stat...
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