Investment management company Castlelake has established a Bermuda-licensed reinsurance company for buyers and owners of commercial aircraft assets. Known as Itasca Re, the new business is to provide ...
Springer Aerospace Holdings has commenced its restructuring proceedings under the Companies’ Creditors Arrangement Act in November 2022. The company has obtained Court approval of a sale and investmen...
The India Infrastructure Finance Company Limited (IIFCL) has extended a credit of INR 66.3bn for the development of six major airports in India, Delhi, Mumbai, Hyderabad, Navi Mumbai, Noida and the ne...
Boeing's "recent strong order activity", according to Credit Suisse, has warranted an investment rating upgrade from underperform to neutral. The bank made the assessment in the wake of Boeing publish...
Castlelake has completed the financing of a loan to United Airlines (United) through Castlelake's Aviation Lending Program. The loan is secured by four Boeing 2020 Vintage 787-9 aircraft, which have a...
Tokyo Capital-owned Aviation Capital Group (ACG) recently closed two unsecured term loans totalling $600 million. The first loan is a $300 million senior unsecured term loan with an accordion feature,...
The government of Bangladesh has confiscated the bank account of Regent Airways to collect the dues of $130, 379 to cover the $3.1 million owed in unpaid domestic passenger travel taxes. The finance m...
Griffin Global Asset Management has expanded its senior secured warehouse facility with borrowers Palisade Aviation to $1.6bn. “As the Griffin platform continues to grow, it is enabled through the con...
APOC Aviation,the leasing, trading, aircraft component and part-out specialist, has become the inaugural commercial client of ABN AMRO to secure investment via blockchain. ABN AMRO is the first bank i...
Macquarie Asset Management, PGGM Infrastructure Fund and Australian Retirement Trust (ART) are supporting Macquarie AirFinance's $2.2bn acquisition of an aircraft portfolio from ALAFCO Aviation Lease ...
Private equity firm VIG Partners has acquired a 100% stake in South Korea’s low-cost carrier Eastar Jet with plans to infuse about $90 million funds into the airline. Going ahead VIG Partners is also ...
Hainan Airways is about to receive funds of $1.6 bn from Fagda Group Industrial to help the airline in financial recovery. The securities regulator in China has approved of the private placement plan ...
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