Wizz Air reports quarter loss
In the quarter ending 31 December 2020, Wizz Air has reported a 76.5% drop in revenue to €149.9 million and a net loss of €116.4 million. Passenger numbers for the quarter fell by 77.3% to 2.27 millio...
In the quarter ending 31 December 2020, Wizz Air has reported a 76.5% drop in revenue to €149.9 million and a net loss of €116.4 million. Passenger numbers for the quarter fell by 77.3% to 2.27 millio...
Following in the footsteps of United, Delta and Spirit, Hawaiian Airlines is leveraging its own loyalty and brand assets to raise $800 million in order to repay its CARES Act loan. Speaking on the air...
Cathay Pacific has unveiled a HK$6.7bn (US$869m) bond issuance. Shares fell 9.71% at the close, as within the statement Cathay confirmed that new quarantine measures planned for passenger and cargo cr...
Aircraft operating lease ABS transactions issued prior to 2021 have two structural elements that expose senior investment-grade class A notes to elevated concentration risks, Fitch Ratings says. These...
The aviation asset backed securitisation (ABS) market has been effectively closed for the past 10 months as investors and leasing companies grappled with the impact of the coronavirus pandemic on the ...
Since July 2020, Deutsche Lufthansa has raised a total of around €500 million using aircraft as security in eight financing transactions. The airline group said that it had been able to secure additio...
European asset manager Tikehau Capital’s subsidiary Ace Management set up the Ace Aero Partenaires fund last year, which is focused on helping companies in the aviation industry that have been severel...
British Airways has received commitments for a five-year term-loan Export Development Guarantee Facility of £2.0 billion underwritten by a syndicate of banks, partially guaranteed by UK Export Finance...
Air Canada has priced its previously announced overnight marketed public offering of 35,420,000 Class A Variable Voting Shares and/or Class B Voting Shares of the company at a price to the public of C...
Virgin Atlantic has agreed a sale-leaseback transaction for two 787-9 Dreamliners with Griffin Global Asset Management. In a statement, the airline said: “Virgin Atlantic completed the privately funde...
As a part of Finnair’s rebuild program, the airline has finalised a sale and leaseback arrangement for one of its A350 aircraft with Incline B Aviation Limited Partnership as a lessor guarantor, and B...
The State of Finland and Finnair are preparing to make up to €400 million available to Finnair in the form of an unsecured hybrid loan. The final decision on the possible financing arrangement is subj...
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