Brazilian low-cost airline Gol Linhas Aereas Inteligentes (GOL) has secured its debtor-in-possession (DIP) financing, which included a senior secured DIP facility worth up to $1bn. GOL partnered wi...
Dubai Aerospace Enterprise (DAE) has signed a $420 million 5-year unsecured term loan with China Construction Bank DIFC Branch and China Construction Bank Asia. ""This term loan will serve to further ...
Airline ecommerce solutions company Datalex has managed to narrow its adjusted EBITDA losses in 2023 to $2.9 million, an improvement upon its adjusted EBITDA loss of $5.3 million in 2022. Its loss aft...
Automotive manufacturing company Stellantis has completed an open market purchase of 8.3 million shares of Archer Aviation's stock. ""This recent move by Stellantis signals our confidence in Archer...
Airbus has decided to no longer pursue discussions with IT company Atos on the acquisition of its big data and security (BDS) business line. A spokesperson for Airbus said: “Airbus’s decision follo...
AerCap has issued an exchange offer of up to $1.5bn of its unregistered outstanding 6.45% senior notes due 2027, which were issued in November 2023, for a like principal amount of new 6.45% senior not...
easyJet has announced the pricing of €850 million ($929 million) of bonds under its Euro Medium Term Note (EMTN) programme, due to be issued on March 20 2024. They will mature in March 2031 and were s...
Triumph Group has updated its financial guidance for its full year fiscal 2024, which ends March 31, 2024. The update follows the recent closing on the sale of its former product support business to A...
US private aviation provider Wheels Up has narrowed its net loss in the fourth quarter of 2023 to $81.1 million, down from $224.9 million in the same period a year prior. Revenue in the fourth quarter...
Westcap has invested in Northway Aviation and Northway Aircraft Leasing, completed in syndication through Westcap's managed funds Westcap MBO III Investment and Connect Manitoba Growth Fund. Westca...
Capital A, owner of AirAsia, has finalised a business combination agreement with special purpose acquisition company Aetherium Acquisition in the US public markets. The deal values Capital A, which wi...
In its shareholder letter for the fourth quarter of 2023, Lilium said it expects its adjusted cash spend for the first half of 2024 to be between $187-198 million. The expectation is in line with its ...
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