DAE raises additional $490 million
Dubai Aerospace Enterprise (DAE) has signed an agreement to raise an additional $490 million from three loan agreements. These agreements will have maturities of between three and seven years. C...
Dubai Aerospace Enterprise (DAE) has signed an agreement to raise an additional $490 million from three loan agreements. These agreements will have maturities of between three and seven years. C...
Bombardier has said that its commercial aircraft unit posted a second-quarter profit before interest and taxes of $226 million, a giant swing upwards from the $668 million loss in the same period las...
SkyWest has reported financial and operating results for Q2 2019, including net income of $88 million, compared to net income of $76 million in the same period last year. The group's pre-tax incom...
GE Aviation's second-quarter revenue slipped 1.1% year over year to $28.8 billion. The grounding of the Boeing 737 Max is said to have been the main catalyst, taking nearly $300 million out of Gen...
Aercap has revealed that its second-quarter net income stood at $331.5 million, an increase of 23% when compared to the same period last year. The Dublin-based lessor says the rise can be attributed t...
Airbus has posted stronger-than-expected second-quarter earnings as it reported its adjusted operating profit rose by 72% to €1.98 billion while it accumulated operating income of €1.77 billion, whil...
Singapore Technologies Engineering (ST Engineering) has secured new contracts with a combined value of approximately $1.5 billion for the second quarter of 2019. The aerospace technology speciali...
Indonesia’s flag carrier Garuda has revised its financial results for 2018 after accounting errors were found in its year-end accounts. In its now revised financial statement from last year, the airli...
Kroll Bond Rating Agency (KBRA) has assigned an AA rating with a stable outlook to Dallas Fort Worth International Airport’s joint revenue refunding bonds taxable series 2019A. KBRA upgraded the ra...
MTU Aero Engines has posted revenues of €2.24 billion, a rise of 4% when compared to the same period last year. The company is now set to raise its outlook projecting an adjusted EBIT margin in th...
AirBaltic has placed a €200 million issue 6.75% five year bonds becoming the largest corporate bond issue originating from Latvia.More than 100 investors from 25 countries saw the demand for securiti...
Textron has posted a slump in its second-quarter 2019 revenues, coming in at $1.1 billion, down $153 million from the same period last year. The firm has said that the drop was primarily due to lo...
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