Aircastle’s senior note issuance announced yesterday has been upsized by $100 million to complete at $500 million in total. The senior notes, due 2021, were rated BB+ and Ba3 and priced at par to yiel...
Emirates President Tim Clark revealed yesterday that the carrier has had an “unexpectedly better year” for 2013/14 compared to financial year 2012/13 when the airline posted a profit of Dh2.3bn. Clark...
The Rs.2,060-crore Jet Airways-Etihad deal has run into more regulatory problems with Etihad rejecting any perceived obligation to make an open offer for minority shareholders of Jet Airways. Etihad h...
Shares of Malaysian Airline System (MAS) hit a record low on Monday after a 777 operated by the airline went missing over the weekend. MAS shares fell almost 18% at the open, but regained some ground ...
As forewarned, Qantas has posted a loss of A$235 million during the six months to December 2013, which compares to a A$111 million ($114 million) profit for the same period a year ago. In a bid to cut...
Norwegian’s bid to fly from Ireland to the US has caused intense controversy in the States, with many organisations lobbying for its application to be denied by the Department of Transportation. One s...
After AirAsia was effectively shut out from aiding Malaysia Airlines (MAS) last year by lobbying by the unions and government interference, it is ironic that this week DAP secretary-general Lim Guan E...
Philippine Airlines (PAL) has disclosed that it intends to pursue its plan to invest in Cambodia Airlines in a statement to the country’s stock exchange. PAL has stated that preparations are in progre...
AerCap Holdings has announced that its shareholders have approved the previously announced acquisition of International Lease Finance Corporation (ILFC) at the Extraordinary General Meeting of Shareho...
Amedeo (previously Doric Lease Corp) and Airbus have finalised the contract for 20 A380s originally announced at the Paris Airshow in June 2013 (see story below for the full announcement). Amedeo has ...
It is of course an Air Show week and that means a great deal of press releases going around and stored-up deals being announced. But behind the scenes the main points of interest are: A320ceo lease ra...
We all knew this would be coming, but make sure your airline is not accepting Bitcoin today as the currency is collapsing due to a seemingly inevitable software bug that makes it possible to alter tra...
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