PAL to embark on financial restructuring
PAL Holdings (PHI), parent company of Philippine Airlines, has reported a net comprehensive loss of PHP73bn (approx. US$1.506bn) on total revenues of PHP55.3B and total expenses of PHP81.8B for the 20...
PAL Holdings (PHI), parent company of Philippine Airlines, has reported a net comprehensive loss of PHP73bn (approx. US$1.506bn) on total revenues of PHP55.3B and total expenses of PHP81.8B for the 20...
The European Commission Executive Vice President Valdis Dombrovskis and U.S. Trade Representative Katherine Tai reached an understanding this week on principles relating to large civil aircraft. The a...
Air Lease Corporation (ALC) has launched a second asset backed securitisation (ABS) under its Blackbird Capital moniker and the lessor’s fifth ABS overall. Blackbird Capital, a joint venture between A...
The Lufthansa Group has appointed BofA Securities (Bank of America), Deutsche Bank, Goldman Sachs and JPMorgan to help calibrate a possible capital increase. The airline states that the net proceeds w...
G7 leaders were urged to reduce aviation emissions by collectively committing to mandates for the use of sustainable aviation fuels (SAF) at session hosted in Cornwall on Friday by His Royal Highness ...
After warning at the end of May that the proposed sale of Stobart Air and Carlisle Lake District Airport (CLDA) to Isle of Man-based company Ettyl was in doubt as the funding package to support the ai...
Electric Vertical Take-Off and Landing (eVTOL) aircraft have been in development for some years now, indeed Airline Economics sister magazine Aviation Life https://www.aviationnews-online.com/aviation...
Michael Rurik Halaby, Halaby Aero Limited, shares his thoughts on why aviation is a force for good and extremely efficient form of transportation. One of the Executive Orders President Biden signed on...
As investors launch legal action against NAS 2016-1 Stalking Horse bidder, AWG issues Statement of Principles on Remedies in Structured Financing with Shared Security. In March 2021, Airline Economics...
The entire aviation industry has long been criticised for failing to engage more deeply with the climate change agenda. Before the pandemic crisis, airlines were regularly derided for carbon emissions...
Brazil's largest domestic airline, GOL has entered into an agreement to acquire MAP Transportes Aéreos (MAP), a Brazilian domestic airline with flight routes to regional destinations and São Paulo's C...
Cathay Pacific has been offered a reprieve by the Hong Kong SAR Government, which has extended the drawdown period of the HK$7.8 billion loan facility for 12 months until June 8, 2022. The bridge loan...
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