Sun Country Airlines has priced an upsized secondary public offering of 7,250,000 shares of its common stock by certain investment funds managed by affiliates of Apollo Global Management at a price to...
Rating agency Scope has proposed updates to its aviation finance rating methodology, which it says might have moderate rating implications on existing ratings. The agency calls for comments from mark...
The Executive Board of Lufthansa Group has decided to suspend future coupon payments for the hybrid bond issued in 2015 (maturing in 2075) for the duration of the government stabilization measures, wh...
Japan Airlines is reported to be planning a yen bond sale in June, according to a Reuters report. The Japanese airline is reported to have hired banks for the five year offering to raise ¥10 billion (...
THAI Airways creditors committee has now approved its Rehabilitation Plan. The Central Bankruptcy Court is scheduled a hearing to consider the Rehabilitation Plan on 28 May 2021. Commenting, Amedeo Ai...
Singapore Airlines (SIA) is proposing to issue the second tranche of Mandatory Convertible Bonds (Rights 2021 MCBs), which will raise approximately S$6.2 billion in additional liquidity. Shareholders ...
Southwest said that April 2021 operating revenues performed in line with expectations and represented a sequential increase compared with March 2021, driven by improvements in leisure passenger traffi...
Kuwaiti airline, Jazeera Airways, has succeeded in increasing its equity capital by 10% to KWD22 million (approx. US$73.2 million) after shareholders approved the move on May 18. ...
Finnair has issued a €400 million senior unsecured bond, which will be admitted to trading on the official list of Nasdaq Helsinki. Trading is expected to commence on or about 24 May 2021 under the tr...
The High Court of Ireland and Oslo Byfogdembete have approved Norwegian Air Shuttle’s proposals for a scheme of arrangement for an exit of the examinership process and the reconstruction process. The ...
Air Lease Corporation (ALC) has priced its $1.2bn medium-term notes, Series A, due 2026 at 1.875%. The spread to US Treasuries is 120 basis points. KBRA has assigned a senior unsecured rating of A- w...
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...
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