Volaris has announced additional liquidity preservation measures, under its "liquidity preservation plan". During the first quarter, Volaris targeted an additional working capital relief of US$100mill...
At the end of March 2021, Allegiant secured a $50.2million revolving credit facility (RCF) secured against A320 family aircraft with Credit Agricole CIB. The facility will support Allegiant’s acquisit...
Aircraft remarketing specialists Airstream International Group has arranged the sale of a Bombardier DHC-8-311 aircraft on behalf of a US Investor. The aircraft, serial number 554, was sold to Binder ...
For the first quarter of 2021, United Airlines says that it expects to report total revenues of $3.2 billion, a decrease of (66%) versus the first quarter of 2019 and at the favourable end of previous...
In a market update, Norwegian has confirmed that the upper limit for raising capital has been increased to NOK 6 billion. “The capital raise has been revised to between 4.5 and 6 billion kroner, this ...
Air France-KLM has launched a new private placement capital increase for approximately €988 million, which may be increased to a maximum amount of €1.136bn in the event of the exercise in full of the ...
Virgin Group Acquisition Corp. II has priced its initial public offering (IPO) of 35,000,000 units at $10.00 per unit. The units are expected to be listed on the New York Stock Exchange and trade unde...
International Airlines Group (IAG) has signed a Revolving Credit Facility (RCF) with a syndicate of banks. The total amount available under the facility is $1.755 billion and will be available for a p...
AirAsia Group has completed its private share placement exercise with the issuance of a second tranche of 100.37 million new shares at an issue price of RM0.865 each – which equates to about 3% of th...
Finnair and the State of Finland have signed an agreement on a hybrid loan of maximum €400 million to support Finnair. The decision was made by the Plenary Session of the Government on February 18, 20...
A new aviation sector outlook paper from ING expects the recovery of the air travel sector to only start in the second half of 2021 with a full recovery unlikely “before 2024-2025”, with the outstandi...
Research conducted by Regis Huc, from Toulouse Business School, has revealed that the airline industry could save up to $7.7 billion per year through adopting strategies like hedging ticket prices to ...
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