JetBlue pledges slots in $750 million loan
JetBlue has followed Delta’s April example and pledged slots as collateral on a $750 million loan as it seeks to strengthen its balance sheet to deal with COVID 19. In April Delta announced it was rai...
JetBlue has followed Delta’s April example and pledged slots as collateral on a $750 million loan as it seeks to strengthen its balance sheet to deal with COVID 19. In April Delta announced it was rai...
Spirit AeroSystems received a letter on June 19 from Boeing in which the airframe maker directed the firm to further reduce its production of MAX shipsets – the second such instruction sent this month...
American Airlines has priced its offering of 74.1 million shares or approximately $1,000.4 million of its common stock at a public price of $13.50 and its offering of $1bn of convertible senior notes ...
Less than three weeks after saying a lack of UK government support would lead to more “permanent” job cuts in that country than other parts of its business Airbus has announced it will extend the furl...
Air Canada has raised $1.23 billion with the closure of two facilities – a private offering of $840 million 9.00% second lien secured notes due 2024 and a C tranche EETC offering for $315 million. The...
Japan Airlines is planning to raise as much as $4.7 billion to firm up its balance sheet in the face of collapsing passenger demand due to COVID 19, the company's president told shareholders on Frida...
China Aircraft Leasing (CALC) has received an approval from the Shanghai Stock Exchange (SHSE) for its asset-backed securities issuance programme with a ceiling of RMB5 billion. In a release CALC said...
Embattled carrier Aeromexico is examining the financial options available in order to avoid entering into Chapter 11 bankruptcy in the US, according to an exchange filing by the firm on Friday. Aerome...
American Airlines has announced an offering of $750 million common stock and $750 million of convertible senior notes due 2025. Both offerings have a 30-day option and addition $112.5 million shares a...
Spanish flag carrier Iberia has rescheduled orders of 11 A320neos and 13 A350s as well as announcing the accelerated retirement of its entire A340-600 fleet. Iberia hasn’t announced details of the new...
Austrian carrier LEVEL Europe - part owned by IAG, which operates separate long-haul airline LEVEL - has ceased trading with immediate effect and has entered insolvency. The company disclosed to custo...
Investors are continuing to back aircraft leasing companies even in the midst of the global pandemic, demonstrated by the success of the latest bond from Air Lease Corporation (ALC). The lessor went t...
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