Boeing recorded fourth-quarter 2022 revenue of $20bn but at the same time reported a loss of $633 million, or core loss per share of $1.75. The manufacturer, which during the quarter received a histor...
General Electric (GE) reported a positive fourth quarter of 2022, with jet engine sales by GE Aerospace deemed key to growth. "Thanks to the high-quality work of our team, GE ended the year with solid...
The sale of South Africa’s Mango airlines may be in trouble again with the Minister of Public Enterprise, Pravin Gordhan, withholding his consent within the timeframe of 30-days as he was not satisfie...
Bombardier closed its US$750 million six-year senior notes offering. The notes carry a coupon of 7.5% per year, mature on February 1, 2029 and were sold at 100% of par, Bombardier announced, saying it...
China Eastern Airlines has completed the issuance of A shares at $0.65 per share, with each share having a nominal value of $0.15. In a filing with the Hong Kong Stock Exchange (HKEX), China Eastern A...
China Eastern and China Southern have applied for a voluntary delisting of their US depositary shares from the New York Stock Exchange (NYSE) along with the deregistration of their shares and underlay...
Canadian aviation and aerospace investor Exchange Income Corporation has declared eligible dividends of US $0.21 per share for the month ended January 31,which it said would be payable February 15 . E...
Nepal Airlines recently repaid its loan of $2.5 million taken from the Nepal's Employees Provident Fund (EPF), the airline confirmed in a statement. The airline had taken the loan to buy an Airbus nar...
In what appears to be one of Australia’s largest initial public offerings (IPOs) in 2023, Bain Capital is keen to relist Virgin Australia. Bain is planning to seek advice on the timing and structure t...
Bain Capital Private Equity has completed a significant equity investment in EcoCeres. EcoCeres is an Asia-based advanced biorefinery platform with industrial-scale production capacity that converts w...
Investment management company Castlelake has established a Bermuda-licensed reinsurance company for buyers and owners of commercial aircraft assets. Known as Itasca Re, the new business is to provide ...
Springer Aerospace Holdings has commenced its restructuring proceedings under the Companies’ Creditors Arrangement Act in November 2022. The company has obtained Court approval of a sale and investmen...
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