Copa Holdings, the parent company of Americas-based carrier Copa, has reported a net profit of $88.3 million for the fourth quarter of 2022 (Q4 2022). The profit, which equated to $2.23 per share, wou...
Finnair has invited holders of its outstanding €400 million 4.25% notes due 19 May 2025 to tender the notes for cash. The offer is to be for up to €100 million aggregate nominal of the notes, with the...
The Kenya National Treasury is planning to reduce state funding to Kenya Airways by $79.8 million. Until now the airline received funding of $239.5 million, but according to the supplementary budget f...
Finnair reported revenue increases of 66.2% for the final three months of 2022 and 181% for the full year, despite "exceptionally high" fuel costs. The carrier said its "comparable operating result wa...
Fly Gangwon, the low-cost carrier of South Korea, has been listed for sale after selecting Samjeong KPMG and KR&Partners as co-organisers in fund raising and the change of management rights. The airli...
TUI Group's markets and airlines operations saw an improvement from a loss of €259 million in the first quarter of 2022 (Q1 2022) to a loss of €193 million in Q1 2023 as it reported overall revenue in...
Air Arabia Group reported its highest-ever profit, ending 2022 with a net profit of AED 1.222 billion outperforming the 2019 profit figure of AED 1.008 bn. The airline reported a rise of AED 720 milli...
Investec Aviation Finance has provided $12 million of senior acquisition financing to allow Abu Dhabi-based lessor Sirius Aviation Capital acquire a mid-life Airbus A320 on lease to Air France. The c...
Canada Jetlines has signed a non-convertible term loan agreement with Roosheila Group to borrow $1.5 million for aircraft acquisition as well as "general corporate and working capital purposes". The l...
Ratings agency S&P Global cut its long-term issue rating on SriLankan Airlines' foreign currency-denominated bond, after the airlines was unable to meet an interest payment and defaulted on a paper. S...
Ireland-based aviation loan servicer AV AirFinance has named Edel Brennan as senior vice president-loan origination. With over 15 years of experience in the industry, including with Goshawk Aviation a...
Embraer has announced it does not expect "material financial impacts" from a recent Brazil Supreme Court ruling on tax payments. The airframe manufacturer made the statement following a Brazilian news...
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