PK Airfinance will acquire the majority of approximately $920 million portfolio of secured aviation loans from Standard Chartered, with Apollo affiliates agreeing to purchase the balance of the portfo...
Boeing has secured two credit facilities from lenders, Citibank and JPMorgan, for a total of $3.8 billion. This financing replaces the US manufacturer’s existing $5.8 billion, 364-day revolving credit...
Cash-strapped Go First has received an approval for $12 million as corporate Insolvency Resolution Process (CIRP) cost to take care of urgent and mandatory liabilities. The funds will be used to pay f...
Kazakhstan's Qazaq Air has launched the process of selling the state block of shares, Trend reports. As per the notification, JSC National Welfare Fund Samruk-Kazyna would arrange an auction for the s...
Almost six years after filing for bankruptcy, ceasing all flight operations and many failed attempts to sell the brand the trademark rights of Air Berlin have finally been sold to Marcos Rossello, the...
Alaska Airlines is planning to acquire 11 Embraer E175 aircraft through a 1.3 billion reais ($260 million) financing from the Brazilian Development Bank (BNDES). The disbursements will be made in Braz...
Horizon Aircraft is about to become a publicly traded company on the US Nasdaq stock market by early 2024 with the execution of a definitive business combination agreement Pono Capital Three, a specia...
BayernLB’s Sector Aviation & Space recently acted as joint lead arranger in a US$ 255m non-recourse acquisition facility to Azorra. The financing facility is a club deal with Citi and Fifth Third Ban...
One of the co-founders of Interglobe Aviation, (parent of IndiGo), Rakesh Gangwal is planning to raise $450 million via a block trade in the ongoing stake reduction exercise of the co-founder of Indig...
Delta Air Lines, Certares Management – a travel industry investment specialist – and turnaround investment firm Knighthead Capital Management, have agreed to an expanded partnership with Wheels Up Exp...
Go First is seeking funding of $12 million an urgent basis to cover some of its mandatory liabilities, such as insurance, reports Economic Times. The airline stopped operations in May and has been try...
Airshare has signed a Letter of Intent (LOI) to purchase its rival Wheels Up’s aircraft management business. The move comes on the backdrop of Wheels Up announcement that the company was actively invo...
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