Aeromexico looks to avoid Chapter 11
Embattled carrier Aeromexico is examining the financial options available in order to avoid entering into Chapter 11 bankruptcy in the US, according to an exchange filing by the firm on Friday. Aerome...
Embattled carrier Aeromexico is examining the financial options available in order to avoid entering into Chapter 11 bankruptcy in the US, according to an exchange filing by the firm on Friday. Aerome...
American Airlines has announced an offering of $750 million common stock and $750 million of convertible senior notes due 2025. Both offerings have a 30-day option and addition $112.5 million shares a...
Boeing today named Michael D'Ambrose as executive vice president of Human Resources, effective July 6. He will succeed Wendy Livingston, who has served in an interim capacity since April. In this role...
Since the outbreak of the COVID-19 crisis, Air France has been adapting its network and flight schedule in line with travel restrictions and demand. Since June, Air France has resumed operations from ...
Spanish flag carrier Iberia has rescheduled orders of 11 A320neos and 13 A350s as well as announcing the accelerated retirement of its entire A340-600 fleet. Iberia hasn’t announced details of the new...
Air Lease Corporation announced the delivery of one new Airbus A320-200neo aircraft on long-term lease to Atlantic Airways, the national carrier of the Faroe Islands. Powered by CFM International LEAP...
Austrian carrier LEVEL Europe - part owned by IAG, which operates separate long-haul airline LEVEL - has ceased trading with immediate effect and has entered insolvency. The company disclosed to custo...
Support for research and development is a critical part of France’s recently announced €15 billion package for its aeronautical sector as the country’s government looks to use the COVID 19 crisis to d...
Despite the recent collapse in passenger demand globally due to COVID 19, and questions over current aircraft values, the long-term fundamentals mean that aircraft remain an investable asset, accordin...
SAS is looking for a total SEK 12.5 billion ( $1.3 billion) as part of a recapitalisation plan just weeks after signing the deal with the Danish and Swedish governments for SEK3.3 billion, and the thi...
United Airlines has secured an additional $5 billion in a transaction backed against its MileagePlus loyalty programme, which when added to its previously announced credit facilities and CARES Act cas...
IAG plans announced early in May to reduce the size of its fleet over the next two years is “drastic” in comparison with other major carriers, according to an equity analyst note by Jefferies. Jefferi...
We're Social