PAL TO BORROW BILLIONS
PHILIPPINE Airlines (PAL) has announced its intention to borrow billions in pesos from several banks to finance its working capital for the next fiscal year ending March 2012. CFO Jose Gabriel Oli...
PHILIPPINE Airlines (PAL) has announced its intention to borrow billions in pesos from several banks to finance its working capital for the next fiscal year ending March 2012. CFO Jose Gabriel Oli...
Continental Airlines is now a wholly owned subsidiary of United Continental Holdings. The airline will redeem all $175 million of outstanding 5% convertible notes due 2023. The first of $75 million ...
Air Berlin has announced it will issue €150 million ($209.5 million) worth of bonds with a subscription period of November 2–5. it has also added an option to raise the figure by up to €50 million....
Philippine Airlines has announced plans to borrow P2.2 billion from banks to pay the benefits of 2,600 workers who will be affected by its decision to outsource catering, airport services and call ...
Tiger Airways half-year profits of $S16 million has disappointed investors. The numbers fell way short of market expectations even though it improved on last year’s $S8 million loss. The future lo...
WestJet Airlines has stated that it will start paying a quarterly dividend to shareholders for the first time. The initial quarterly dividend will be five cents per share, to be paid on January 21....
Shares in Spirit AeroSystems Holdings Inc., the maker of aircraft parts spun off from Boeing Co. in 2005, fell the $1.98 or 9.4% to $19.13 in trading yesterday, the most since February after third-...
Love Field Airport Modernization Corp., the local government entity that oversees the development of the Dallas, Texas home of Southwest plans to sell $310 million of tax-exempt debt today to help ...
Atlanta, which owns and operates the world’s busiest airport, plans to sell around $590 million in municipal debt, to help finance a new terminal at Hartsfield-Jackson International scheduled to be...
Goldman Sachs has reiterated its Neutral rating on Rockwell Collins Corp. and its $64 price target. In a note to clients, Goldman writes, “We remain Neutral rated on COL shares. While we are encoura...
Standard & Poor’s Ratings Services raised its outlook on AMR Corp. (AMR) yesterday and its American Airlines unit to stable on the holding company’s improved performance. The rating agency said Mond...
Transaero Airlines paid the second coupon income on 01 series bonds worth 253.56 million roubles. Promsvyazbank was appointed as a paying agent of the bond issue. The coupon rate was set at 16.95%. ...
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