Wizz Air posts loss but remains positive
Wizz Air has posted an underlying net loss of €243.1 million for the six months to 30 September 2020, with revenues down by 71.8% to €471.2 million. Total operating expenses (including discontinued fu...
Wizz Air has posted an underlying net loss of €243.1 million for the six months to 30 September 2020, with revenues down by 71.8% to €471.2 million. Total operating expenses (including discontinued fu...
easyJet has raised $169.5 million from the sale and leaseback of a further eleven aircraft with two counterparties. Ten A320 family aircraft were sold to ACS Aero 2 Beta. The cash sales proceeds were ...
Mesa Air Group has entered into a five-year Loan and Guarantee Agreement with the US Treasury Department which provides the airline with a secured term loan facility to borrow up to $200 million under...
Global Jet Capital has closed its BJETS 2020-1 asset-backed securitisation (ABS), raising approximately $522 million. BJETS 2020-1 is Global Jet Capital’s fourth ABS offering, bringing total assets se...
Fitch Ratings has downgraded Spirit Airlines' 2017-1 class AA enhanced equipment trust certificates (EETCs) to 'AA-' from 'AA'. The certificates remain on Rating Watch Negative. Fitch has affirmed Spi...
PJSC Aeroflot has raised RUB80bn ($1bn) with the successful completion of its share capital increase conducted through the placement of newly issued ordinary shares. Following the offering, the Russia...
KLM’s €3.4 billion in loan and government guarantees remains in doubt at this time since the amount was conditional on all KLM employees making a labour contribution during the term of the loan (expec...
Boeing has unveiled a sale of new bonds to help repay $2.8bn of debt. The airframe manufacturer is issuing four tranches of unsecured notes, for four years, six years, eight years and the longest port...
Etihad Airways has launched the world’s first Transition Sukuk and the first Sustainability-Linked financing in global aviation, under a Transition Finance Framework. This follows the first aviation f...
easyJet has confirmed the sale and leaseback of nine aircraft with two counterparties, which will generate $398.6 million total cash proceeds for the airline. The first transaction was executed with W...
Air Transat has revised its arrangement agreement with Air Canada to reflect current market and economic conditions and the devastating impact of COVID-19. Under the terms of the binding agreement the...
United Airlines is seeking to raise $3bn through an A class enhanced equipment trust certificate (EETC) issuance, which is secured on collateral pool of spare parts, spare engines and aircraft, valued...
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