Indian banks have reached out to the Reserve Bank of India (RBI) to restructure loans worth Rs 3 trillion ($40 billion) given to companies in stressed sectors such as aviation, hospitality and tourism...
AeroCentury today reported a first quarter 2020 net loss of $10.2 million, compared to a net loss of $1.3 million, for the same period 2019. Results for the quarter ended March 31, 2020 included impai...
Air Partner has built on its strong start to the year when it took part in a number of repatriation flights for the UK government with a strong May according to a shareholder update released today whi...
AerCap has announced today that wholly-owned subsidiaries AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust have launched a $1.250 billion senior note offering pric...
The French government is readying a billion euro strong fourth iteration of its Aerofund to support the countries aerospace sector with a key focus on protecting business that protect the supply chain...
Controversial special purpose vehicle EA Partners has issued a $115 million notification of default with regard to two loans to Air Serbia, a carrier 49% owned by the Etihad, ultimate owners of the in...
The recent adoption of new guidelines on air transport safety by the International Civil Aviation Organization (ICAO), could keep widebodied aircraft grounded, according to Nicolas Jouan, Aerospace an...
IATA has announced that demand for air services is beginning to recover after hitting bottom in April. Passenger demand in April (measured in revenue passenger kilometers or RPKs), plunged 94.3% compa...
Tui has struck aa deal with Boeing for an unspecified compensation for the grounding of its fleet of 737 Max planes and to delay deliveries of additional aircraft. Under the deal agreed deliveries of ...
SMBC Aviation Capital’s successful negotiation to delay the delivery of 68 Boeing MAXs until 2025-2027 is the right outcome for both the lessor and the US airframe maker, said chief executive Peter Ba...
Germany carriers Lufthansa slumped to €1.2 billion Q1 loss, with the vast majority of the deficit coming from a €950 million fuel hedging payout. The combination of the global collapse in passenger nu...
Virgin Australia’s administrators Deloitte have reduced the five prospective candidates for the airline to Bain Capital and Cyrus Capital Partners. Vaughan Strawbridge, joint administrator and restruc...
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