Lufthansa bailout hits EU roadblock
The stage is set for a clash between the German and EU government with Lufthansa’s board rejecting the $9billion bailout agreed with its domestic government after the European Commission proposed the ...
The stage is set for a clash between the German and EU government with Lufthansa’s board rejecting the $9billion bailout agreed with its domestic government after the European Commission proposed the ...
Boeing is to lay off 12,000 workers at the same time as the airframe maker announced it was restarted production of its troubled 737MAX model The US firm is to lay-off 6,770 employees on top of the 5,...
Vx Capital Partners has appointed Rushi Shah as Associate where he will be . responsible for investment analysis and modelling, portfolio management and lead analytical support for origination, and fi...
Air Canada is launching a C$500 million share offering and a concurrent marketed $400 private placement of convertible senior unsecured notes as it seeks to shore up its balance sheet in the face of C...
Following on from parent company Lufthansa receiving a bailout from the German government its subsidiary Austrian has similarly secured aid from its domestic government, according to reports by local ...
AerCap has rescheduled the delivery of 37 aircraft that were previously expected to be delivered in 2021 and 2022 with these aircraft are now expected to be delivered in 2023 and later years. Working ...
Fitch Ratings has downgraded LATAM Airlines Issuer Default Rating (IDR) to D following news that it was entering in Chapter 11 bankruptcy protection just days after the agency knocked the carrier down...
As the aviation industry continues to reel from the impact of COVID 19 and carriers look to preserve liquidity up to one third of airlines are looking to defer rents – a figures that should ease as pa...
LATAM Airlines Group announced that it will voluntarily file to reorganise under Chapter 11 protection in the United States in a release to the Chilean stock market. The Chapter 11 move involves subsi...
According to analysis by the International Air Transport Association (IATA) the impact of COVID 19 on the aviation sector could see total debt balloon to $550 billion by the end of 2020 – a $120 billi...
Following weeks of negotiation the German government is taking a 20% equity stake in Lufthansa as part of a €9 billion bailout of the carrier by the country’s Economic Stabilization Fund (WSF). The WS...
Ted O’Byrne, Managing Director, Co-Head of Aviation, Carlyle Aviation Partners In January 2020, Airline Economics in partnership with KPMG, published its annual Aviation Industry Global Leaders Report...
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