Cebu Pacific secures new funds
Philippines airline, Cebu Air, has raised fresh funds from the International Finance Corporation (IFC), the IFC Emerging Asia Fund, and Indigo Philippines, an affiliate of Indigo Partners. IFC, the IF...
Philippines airline, Cebu Air, has raised fresh funds from the International Finance Corporation (IFC), the IFC Emerging Asia Fund, and Indigo Philippines, an affiliate of Indigo Partners. IFC, the IF...
Go First (rebranded GoAir) is prepping an initial public offering (IPO) to raise R3,600 crore (approx. US$491 million), according to draft papers filed last week. The company is intended to list on th...
As part of its plan to enhance profitability and deleverage its balance sheet, bombardier has completed the repayment in full and complete discharge of its 6⅛% Senior Notes due May 15, 2021 utilizing ...
The Irish Government has confirmed that Aer Lingus would only have access to the existing state support and financing. “Liquidity support was made available to Aer Lingus through the ISIF [Ireland Str...
Kuwait-based Jazeera Airways has reported an operating revenue of KD8.1 million during the first quarter of 2021 (Q1 2021), with number of passengers flown during the quarter down to 104,116, from 496...
In the first quarter of 2021, Chorus Aviation announced a net loss of $38.1 million, a decrease of $20.8 million due to one-time restructuring costs related to the 2021 capacity purchase agreement (CP...
GOL Linhas Aéreas Inteligentes (GOL), Brazil's largest domestic airline, priced a $300 million reopening of its 8.00% senior secured notes due 2026 this week. Global coordinators and joint bookrunners...
GOL Linhas Aéreas Inteligentes (GOL), Brazil's largest domestic airline, has priced a US$300 million reopening of its 8.00% senior secured notes due 2026, as a further issuance of and to be consolidat...
According to data presented by TradingPlatforms.com, the total operating revenue of all US airlines amounted to just $130B in 2020 - a 47% YoY decrease from 2019. 2020’s figure was the lowest recorded...
Air Partner plc, the global aviation services group, has reported record results for its financial year ended 31 January 2021. Air Partner reported a gross profit up £10.7m (31.3%) to £44.9m due to ex...
Air Canada has reported first quarter 2021 operating revenues of $729 million, a decline of $2.993 billion or 80% compared to the first quarter of 2020, and an operating loss of $1.049 billion compare...
The Israel Finance Ministry has approved a bailout package for flag carrier El Al Israel Airlines. The package includes the government’s advance purchase of 20 years of tickets for flight security off...
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