Embraer has signed a memorandum of understanding with an affiliate of Apollo, on behalf of its clients and managed funds, with respect to a US$1.5 billion customer financing program for Embraer’s regi...
As the Portuguese government intends to fast-track the sale of Tap Portugal, Lufthansa and Air France-KLM have emerged as lead contenders for the take-over. As per the sources, the government wants to...
Logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Lufthansa to 17.5%, Kuehne Holding said, after the German government sold all its remaining shares in the airline. The Economic ...
Canada Jetlines plans to raise between $1.2million and $1.5 million from a non-brokered private placement, consisting of units issued at $0.255 each. Each unit will have one variable voting share and ...
Parker-Hannifin has completed the acquisition of Meggitt for approximately £6.3 bn. Meggitt has diverse aerospace and defense exposure with technology and products on almost every major aircraft platf...
Aircastle has increased the size of its unsecured revolving credit facility to $1bn from $900 million. The revolving credit facility of $100 million comes as a commitment from BMO Harris Bank (BMO). T...
Israeli insurer Phoenix has exercised an option to buy roughly 20% of El Al Israel Airlines' frequent flier program. El Al said that following the deal, it would no longer need to raise additional cap...
LATAM Group began the final phase of its reorganisation under Chapter 11 in the United States on September 6. By filing an essential fact with the Financial Market Commission (CMF) in Chile, the Group...
Mitsubishi UFJ Financial Group (MUFG) has closed a senior secured revolving credit facility for Allegiant Travel Company. The bank acted as arranger and bookrunner.The facility will provide Allegiant ...
Air Canada has agreed to repurchase US$174.3 million aggregate principal amount of its outstanding 4.000% convertible senior notes due 2025 for US$209 million (C$274 million), including accrued intere...
El Al Israel Airlines is reported to be planning to repay a $45 million loan from the government during the COVID-19 pandemic by the end of the year. The new deal reached between the airline and Finan...
SAS confirmed that the US Bankruptcy Court for the Southern District of New York has approved SAS’ debtor-in-possession (DIP) financing credit agreement for $700 million with funds managed by Apollo G...
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