Prolonged pandemic-related travel restrictions have extended recovery trajectories for aircraft ABS asset values following the substantial hit during the pandemic, according to Fitch Ratings. Value pr...
GE has announced tender offers to purchase up to $2bn of notes for cash in a bid to deleverage and strengthen its balance sheet to achieve its 2.5x Net Debt to EBITDA target. Since the end of 2018, GE...
Funds managed by affiliates of Apollo Global Management and aircraft lessor Merx Aviation, have completed a sale and leaseback transaction with Air France, part of the Air France-KLM Group. The transa...
Norwegian Air Shuttle has provided an update to its contemplated capital raise that of up to NOK 6,000 million, comprising an offering of NOK 1,875 million new capital perpetual bonds, a NOK 395 milli...
On May 20, the Board of Directors of the Export-Import Bank of the United States (EXIM) approved a $54.9 million guarantee of a loan from BNP Paribas to support the export of a GEnx spare engine and t...
Sun Country Airlines has priced an upsized secondary public offering of 7,250,000 shares of its common stock by certain investment funds managed by affiliates of Apollo Global Management at a price to...
Rating agency Scope has proposed updates to its aviation finance rating methodology, which it says might have moderate rating implications on existing ratings. The agency calls for comments from mark...
The Executive Board of Lufthansa Group has decided to suspend future coupon payments for the hybrid bond issued in 2015 (maturing in 2075) for the duration of the government stabilization measures, wh...
Japan Airlines is reported to be planning a yen bond sale in June, according to a Reuters report. The Japanese airline is reported to have hired banks for the five year offering to raise ¥10 billion (...
THAI Airways creditors committee has now approved its Rehabilitation Plan. The Central Bankruptcy Court is scheduled a hearing to consider the Rehabilitation Plan on 28 May 2021. Commenting, Amedeo Ai...
Singapore Airlines (SIA) is proposing to issue the second tranche of Mandatory Convertible Bonds (Rights 2021 MCBs), which will raise approximately S$6.2 billion in additional liquidity. Shareholders ...
Southwest said that April 2021 operating revenues performed in line with expectations and represented a sequential increase compared with March 2021, driven by improvements in leisure passenger traffi...
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