Kroll Bond Rating Agency (KBRA) has commented in a research note that the fate of aircraft trapped in Russia are unclear but dim as the deadline to repossess aircraft hurtled closer. KBRA says that th...
Israeli airline El Al has signed a non-binding deal for a $130 million loan from insurer Phoenix Group, which has an interest rate of 5.5% to 7%. El Al has pledged its Matmid frequent flier club as co...
Global Crossing Airlines Group (GlobalX) has announced a US$6.0 million offering of non-convertible debentures. The lead investor is Alterna Capital Partners, through an affiliate of Alterna Core Capi...
The European Commission has approved a €7 million Slovenian incentive scheme towards airlines affected by the coronavirus pandemic. The scheme is a re-introduction of an aid measure initially approved...
Volocopter has raised $170 million in the initial signing of its Series E funding round led by South Korean investor WP Investment, at a pre-money valuation of US$1.7 billion. Composed of funds by new...
Fitch Ratings has assigned Mumbai International Airport Limited's (MIAL) proposed US dollar bonds an expected rating of 'BB+(EXP)'. The Outlook is Stable. The bond proceeds will be used to repay the b...
The United States, European Union, and United Kingdom have imposed new sanctions against Russian individuals and entities. In light of these recent events, Kroll Bond Rating Agency (KBRA) states that ...
Capital A Chief Executive Tony Fernandes has indicated to the media that AirAsia will have an independent board and may be listed separately as the market recovers. "I think that's up to the board at ...
Odys Aviation (formally Craft Aerospace), the aircraft startup making hybrid-electric vertical takeoff and landing (VTOL) aircraft for regional mobility, has announced a $12.4 million seed funding rou...
Fitch Ratings has downgraded the class A-1, A-2 and B-1 asset-backed notes issued by ECAF I. (ECAF I). The Rating Outlooks remain Negative on the class A-1 and A-2 notes (since class B-1 no longer has...
BBAM Limited Partnership (BBAM) has announced that it has closed its latest flagship aircraft leasing fund, Incline Aviation II, with total capital commitments of approximately $1.5 billion. A diverse...
Moment, a French tech company specialised in entertainment and passenger experience solutions for the travel industry, has been selected by Air Senegal to install its In-Flight Entertainment system (W...
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