Co-founder of IndiGo sells 2.75% shares
Rakesh Gangwal, the co-founder of IndiGo, has sold almost 2.75% of his shares amounting to INR 2,005 crore. Details of the buyers were not provided by the National Stock Exchange; however, shares of I...
Rakesh Gangwal, the co-founder of IndiGo, has sold almost 2.75% of his shares amounting to INR 2,005 crore. Details of the buyers were not provided by the National Stock Exchange; however, shares of I...
Apollo and GOL Linhas Aéreas Inteligentes (GOL) has completed a sale and leaseback transaction, involving one new Boeing 737 MAX 8 aircraft, between GOL and certain funds managed by Apollo and service...
Airlines are feeling the increased pressure of the elevated oil price as the crack spread – the difference between the basic Brent oil price and the jet oil price – reached 50% last week. IATA’s Willi...
Ashland Place Finance, the commercial aviation financing platform, has completed a new financing facility involving three 737-800s for Royal Aero and Aquila Air Capital. The aircraft are currently on ...
Aviation Capital Group (ACG) has entered into a $425 million senior unsecured term loan with a syndicate of lenders and Mizuho Bank, as administrative agent. The term loan matures in July 2025 and inc...
Credit Agricole-CIB acted as sole arranger and lender for the US Exim-Bank financing of one Boeing B777-300ER aircraft operated by KLM. The deal closed in July 2022. This was the first US Exim-Bank fi...
Allegiant has repaid the $24.8 million dollar emergency relief loan the company received under the Coronavirus Aid, Relief and Economic Security (CARES) Act in April 2020. The CARES Act, signed into l...
September 6, 2022: Safran has entered into negotiations with Thales to acquire its aeronautical electrical systems business. This acquisition will position Safran as a prominent equipment supplier acr...
SAS AB has entered into a debtor-in-possession (DIP) financing credit agreement for $700 million (the equivalent of approximately SEK7.0 billion) with funds managed by Apollo Global Management (Apollo...
AV AirFinance, the commercial aviation loan servicer, has appointed Stephen Murphy as Chief Executive Officer (CEO). Based in Dublin, Ireland, Murphy succeeds Siggi Kristinsson who sadly passed away i...
K&L Gates has recently assisted JP Lease Products & Services in closing a Japanese Operating Lease with Call Option (JOLCO) financing of three Airbus A320 aircraft with ICBC Financial Leasing as Inter...
Delta Air Lines commenced an offer to purchase for cash $1.5 billion of its outstanding notes: 7.000% senior secured notes due 2025, 7.375% notes due 2026, and 4.500% senior secured notes due 2025, co...
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