Reports are emerging that Bahrain Air failed to transfer passenger fee revenues to the government regularly and had accumulated debt of more than BD2 and a fuel debt of BD15m among others. The airline...
Royal Air Maroc is the largest lessee exposure at 16.2% in GE Capital Aviation Services' $650 million asset backed securitisation (ABS), which closed in January. The top 5 lessees include Royal Air Ma...
Summer 2013 will see talks begin between the EU and the United States on producing a free-trade agreement that would give birth to the largest free trade zone on the planet, significant enough to add ...
Bahrain Air has shut down operations and intends to sell its assets after struggling with debt and tough competition. All Bahrain Air flights have been canceled. The carrier has blamed the government ...
Air Namibia is preparing to present a rescue plan to the Cabinet treasury committee on the short- and long-term viability of the national carrier. The government allocated an amount of N$822 million t...
SAA’s planned R1.5 billion debut bond issuance will be backed by a government guarantee. The sale is planned for March to take advantage of near record low yields. Because SAA has already borrowed R1....
Sheikh Ahmed bin Saeed Al Maktoum, chairman of FlyDubai, has indicated that the low-cost carrier is in talks with Boeing and Airbus concerning a possible order for 50 narrow-body aircraft. An announce...
Four Sukhoi Superjet 100s owned by Aeroflot that were temporarily grounded due to technical reasons, will resume operations before the end of February. Sukhoi Civil Aircraft Company (SCAC) has confirm...
One could argue that the title of this editorial says it all, after all both meddle with your wellbeing. In all seriousness though, I am left wondering – Just how are decisions made at the European Co...
Royal Air Maroc has requested loan guarantees from the US Export-Import Bank support to cover its Boeing 737-800 deliveries. ...
Israeli flag-carrier El Al has requested US Export-Import Bank financing guarantees to fund two 737-900ERs to be delivered in October and December ...
Five Forty Aviation Ltd has withdrawn the licences it had granted to FastJet's operations in Angola, Ghana and Tanzania to use the Fly540 brand with immediate effect. This, the company states, “is due...
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