Air Partner issues AGM statement
Air Partner, the global aviation services group, has reported expected underlying profit before tax of at least £10 million in the five months to to 30 June 2020 in its unaudited management accounts. ...
Air Partner, the global aviation services group, has reported expected underlying profit before tax of at least £10 million in the five months to to 30 June 2020 in its unaudited management accounts. ...
The mandated lead arrangers HSBC, KBC Bank NV and KfW IPEX-Bank closed the first disbursement under a term loan facility amounting to EUR 272m for Eurocontrol on June 30. The Eurocontrol member states...
Rolls-Royce’s new five-year term-loan facility, underwritten by a syndicate of banks and guaranteed 80% by the UK Export Finance, marks the start of increased ECA activity in the UK aviation sector, a...
With dollars earnings expected to decline markedly in the medium term Rolls-Royce has paid £1.45 billion to restructure it hedge book, according to a stock exchange release today. “Due to the deterior...
LATAM Airlines Group announced its formal DIP (debtor-in-possession) financing at the same time as it announced that LATAM Brazil was also entering the Chapter 11 bankruptcy protection process alongsi...
UK LCC EasyJet has confirmed it intends to cut staff numbers by up to 30% and potentially close three of its UK bases as it looks to resize its business in the face of COVID 19. EasyJet announced tha...
The European Commission announced on July 3 that the Latvian government's €250 million equity injection into AirBaltic was within state aid rules. In its ruling the EC pointed to the important role of...
United Airlines has announced the completion of the $3.8 billion senior secured note offering, backed by its loyalty card programme Mileage Plus, priced at 6.5% plus a $3 billion term loan. The priva...
Mitsubishi UFJ Financial Group (MUFG) was mandated as a Lead Arranger and Structuring Agent by BBAM Aircraft Leasing and Management to provide financing for four aircraft on long-term leases to Delta ...
Aeromexico became the latest Latin American airline, following Avianca and LATAM, to file for Chapter 11 bankruptcy in the US. The airline plans to keep flying during the bankruptcy process in an SEC ...
American Airlines has closed the debt portion of its “liquidity grab”, the $2.5 billion of senior secured notes were priced at 11.75%. The airlines used roughly $1 billion of the proceeds to refinance...
Michael O’Leary will be pleased to hear that ratings agency Fitch has warned the recent bailout package for Lufthansa risks altering the playing field for European aviation and ignores the needs for s...
We're Social