Co-op Bank has partnered with Kenya Airways to finance its pilots training program. Under the “Ab Initio” program, trainee pilots will receive loans from Co-op bank to facilitate the training. Co-o...
Montenegro’s Deputy Finance Minister, Ivan Petrovic, has announced that Etihad Airways, El Al Israel Airlines and Arkia Israel Airlines, have purchased the documents in a tender to buy 30% of Monten...
US-based investment firm Capital Research and Management Company (CRMC) has sold shares in Air France-KLM this week, which has dropped its stake to 9.99%, below the 10% regulatory threshold, said Fr...
Private aviation company, NetJets has launched NetJets Direct FinancingTM, an in-house, one-stop financing option through NetJets Finance LLC offering speedy payment for private jet travel. NetJets di...
Ryanair has closed the first ever Exim-bond Ryanair. Credit Agricole-CIB and Goldman Sachs were joint bookrunners and joint structuring agents on the $184million deal. The paper was priced at 2.7% wit...
Skymark shares rose 19.7% in Tokyo after it announced it will use cash to purchase A380s. The shares gained JPY150 on Monday to close at JPY910, recouping some of the sharp losses made when the order ...
A rebound in airline profits in 2010 has enabled carriers to rely less on help from the world’s biggest manufacturer to buy aircraft, Randy Tinseth, the marketing vice president for Boeing’s commercia...
Delta Air Lines has issued $474.072 million bond, backed by 25 vintage Boeing, Airbus and McDonnell Douglas aircraft and three 2009 Boeing aircraft. Joint lead managers on the bond are Credit Suisse, ...
Rolls-Royce has confirmed it will replace the faulty module on the Trent 900 engine on all engines “over a period of time”, but states it will “seek to minimize disruptions and this program will enabl...
Shares in China Southern Airlines, China’s largest carrier was raised to “buy” from “neutral” by equity analysts at Nomura. The target price is HK$7.20 per share. The shares fell 3.3% to 10.12 yuan. ...
Ural Airlines has opened a RUB310 million ($9.9 million) credit line with Sberbank. The facility is available to November 11, 2011 at 12.5% per annum. The airline expects to use the credit on working ...
The European Commission has relented and agreed to give Air Malta temporary financial assistance to keep it flying while a rescue and restructuring plan is agreed. The has authorised a €52 million loa...
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