SAS said on January 11 it was notifying bondholders that it would not be meeting a January 14 deadline for the payment of interest on bonds relating to its bankruptcy proceedings in the US. "Scandinav...
Air Lease Corporation has tapped the capital markets again, pricing a $700 million offering of 5.30% senior unsecured medium-term notes due 2028. The sale of the notes is expected to close on January ...
Air France-KLM has announced the successful issuance of its inaugural sustainability-linked bonds, for a total aggregate amount of €1.0bn The offering is composed of two tranches: a €500 million with ...
Kenya Airways troubles continue in new year as the Nairobi Securities Exchange has suspended the trading in Kenya Airways shares for another year. The airline’s shares have been suspended since July 2...
Yibin Wuliangye Group has invested $729.7 million in Sichuan Airlines Group to help it recover from pandemic-induced losses and boost the airline operator’s capital. As per sources, other shareholders...
India has raised windfall tax on petroleum, crude oil and aviation turbine fuel (ATF), the raised tax on ATF will now be INR 4.5 per litre from INR 1.5, as per the Indian government order dated Januar...
Buckling under financial burden and uncertainty over continuing of operations, Air Belgium has managed to raise an additional funding of $10 million to keep running. As per sources, these are new loan...
KfW IPEX-Bank has announced that the bank will be repositioned with an increased focus on sustainability aspects to support customers in their transformation, while the bank will group seven sector de...
Emirates recently purchased an Airbus A380 from the lessor Doric Nimrod Air One that had previously leased the aircraft to the airline. As per the lessors’ financial accounts, the aircraft was sold fo...
Dubai Aerospace Enterprise (DAE) signed a new senior unsecured term financing for a total of $800 million with a weighted average maturity of 5.5 years over two transactions. Each facility was underwr...
AAR entered into a $620 million unsecured revolving credit facility. The credit facility is a $20 million increase from the prior facility and extends the maturity of the agreement from September 2024...
Kenya Airways will receive a bailout of $283.7 million from the government in the current financial year to support its proposed restructuring plan and to wean them off annual government funding. In a...
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