A number of US and European airlines announced major reductions in schedule as passengers demand remains weak in the face of COVID 19. In the US, United said Q3 capacity would be 70% lower than the sa...
Major airlines want the US and British governments to launch a passenger testing trial for COVID 19 for flights between London and New York to pave the way for a resumption of more international trav...
Qantas has issued an AUD $500 10-year unsecured bond issue after holding talks with potential investors last week. The bonds were priced at 5.25%, lower than a number of other carriers which have rece...
American Airlines will furlough up to 19,000 employees on October 1, the airline said in a memo to staff on Tuesday, unless Congress extends the CARES Act's payroll support program. “Today is the hard...
Qantas has announced that it will cut 4,000 workers (6,000 planned) in order to try and survive the COVID-19 crisis after it posted an annual loss of A$2bn ($1.43bn). Alan Joyce confirmed what we all ...
Air bp and Neste are looking increase production of sustainable aviation fuels (SAF) five-fold by 2021, compared to 2019 levels, just as European governments start bringing in requirements for carrie...
The Indian government’s plans to offload Air India may be ambitious if analysis of the current outlook by market expert Satyendra Pandey, previously, head of Strategy for GoAir is correct. He says th...
Despite rent collection levels trailing its peers, Irish lessor FLY’s bonds are trading at a wider premium than their underlying credit strength implies, according to an analyst note by JP Morgan. FLY...
The low cost business model is best placed to whether the COVID 19 pandemic’s impact on airlines’ balance sheets, according to S&P Global Ratings, whose latest analyst report leaves just three carrier...
International Airlines Group (IAG) has announced a rights issue of up to €2.75bn billion to boost its liquidity and reduce leverage. Goldman Sachs, Morgan Stanley and Deutsche Bank are acting as unde...
It has now been confirmed publicly that MUFG Bank’s acquisition of DVB’s Aircraft Asset Management (AAM) and DVB Aviation Investment Management (AIM) businesses has not been completed due to “regulato...
Rolls-Royce’s new five-year term-loan facility, underwritten by a syndicate of banks and guaranteed 80% by the UK Export Finance, marks the start of increased ECA activity in the UK aviation sector, a...
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