IAG issues €1 billion senior unsecured bonds
International Airlines Group (IAG) has issued two tranches of senior unsecured bonds. The first tranche has a proposed initial principal amount of approximately €500 million due 4 July, 2023. IA...
International Airlines Group (IAG) has issued two tranches of senior unsecured bonds. The first tranche has a proposed initial principal amount of approximately €500 million due 4 July, 2023. IA...
Closed aircraft funds managed by investment and asset manager KGAL were rated very highly in an analysis published by investor magazine FONDS professionell, in which they accounted for 10 of the 15 be...
Indonesia's financial regulator (OJK) and stock exchange has ordered Garuda Indonesia to "repair and restate" its annual accounts - this has in turn sent the airline's shares tumbling 7.6%, its lowest...
Dubai Aerospace Enterprise (DAE) has signed a new long-term unsecured revolving credit facility with First Abu Dhabi Bank PJSC and HSBC Bank Middle East Limited as bookrunners and mandated lead arrang...
Mitsubishi Heavy Industries (MHI) will acquire Bombardier's regional jet program for a cash consideration of $550 million. The assumption by MHI of liabilities will amount to approximately $200 millio...
Allegiant Travel has closed a new $43.4 million spare engines financing. Credit Agricole-CIB acted as arranger. The company said in a filing that the borrowing bears interest at a variable rate and wi...
On June 21, Crédit Agricole-CIB (CA-CIB) closed the financing of a second Airbus A321-200 (in a batch of two) for Vermillion Aviation. Both aircraft are leased to low-cost carrier Wizz Air under a dua...
BOC Aviation is in the market with its second asset backed securitisation (ABS) deal dubbed Silver 2019-1. The $548 million transaction is offered in three series of notes secured on a portfolio of 17...
Lufthansa AG has announced that its budget airline Eurowings will switch its focus to short-haul flights in a bid to cut costs by 15% and return to profit to 2021. The group issued a profit warning on...
Mexico's Volaris airline has successfully completed the issuance of 15 million asset backed trust notes to be issued under the ticker VOLARCB 19 for an amount of Ps$1.5 billion ($78.3 million). Issued...
Boeing says its global demand for new airplanes is stronger than it previously thought after it released its global long-term industry outlook, The planemaker raised its global forecast for the commer...
Delta Airlines has acquired a 4.3% stake in Korean Air's largest shareholder, Hanjin KAL. It's being reported that Delta has plans to increase that stake to 10%, pending regulatory approval. According...
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