Pakistan International Airlines has requested additional funds worth $157.1 million from Pakistani government for payment of interests and covering operational costs. The break-up of the amount stands...
Aircraft lessor TrueNoord has closed a new five-year term loan of $275 million to expand its aircraft assets.The cash will also help "finance a well-diversified portfolio of 31 owned regional jet and ...
Air Charter Service said its 2022 results "exceeded expectations" in 2022 with a 35% growth in private jet income and the arranging of 28,000 charter flights, including for over 2,000 new customers. ...
Norse Atlantic Airways reported "an aggregate load factor" of 60% for March 2023, up 10 percentage points on the previous month. Operating 223 flights, the airline carried over 42,000 passengers. “We ...
Scandinavian Airlines (SAS) announced on April 13 that it will defer interest payments due April 24 and 26 on its perpetual capital securities, as part of the Company’s SAS FORWARD plan and voluntary ...
HALO AirFinance has closed a credit facility for Republic Airways to finance the purchase of General Electric CF34-8E engines. HALO, a joint venture between GA Telesis and Tokyo Century Corporation, s...
Delta Air Lines reported adjusted operating revenue of $11.8 billion for the first quarter of 2023 (Q1 2023), a 45% increase year-on-year and 14% up on 2019. The carrier's reported net loss of $363 mi...
In what it said were "positive business indicators", Latvia's airBaltic reported a record €104.3 million revenue in the first quarter of 2023 (Q1 2023), up by 74% on Q1 2022. Passenger numbers were up...
ORIX Aviation Systems (ORIX Aviation) has closed a Japanese Operating Lease with a Call Option (JOLCO) transaction with Avolon, which was supported by MUFG acting as lender. James Meyler, ORIX Aviatio...
Cleveland-based Flexjet has pulled out of a deal with Horizon Acquisition Corporati0n II that would have seen it become publicly listed. The subscription-based private aviation provider will remain a ...
Macquarie AirFinance has commenced an offering of $500 million senior notes due 2028 to investors in a private offering. The notes will initially be jointly and severally guaranteed by each of the com...
Air Lease Corporation (ALC) has announced updated fleet numbers after making aircraft investments of around $1.4bn in the first quarter of 2023. During the quarter ALC delivered 22 new aircraft from i...
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