KLM has confirmed that all eight of its trade unions have now agreed to a commitment clause that all KLM employees would be making towards the airline’s cost-reduction efforts, clearing the way for th...
Credit Agricole-CIB has acted as debt arranger, agent and security trustee of the commercial financing of one A350-900 under an operating lease from GOAL /KGAL to Lufthansa. CIC acted as debt arranger...
Titan Aircraft Investments, a joint venture of Atlas Air Worldwide and Titan Aviation subsidiary and Bain Capital Credit, has entered into a US$300 million warehouse financing agreement with a subsidi...
Fitch Ratings has downgraded Airbus Long-Term Issuer Default Rating (IDR) to 'BBB+' from 'A-'/ The Outlook is Negative. Fitch has also downgraded Airbus's and Airbus Group Finance BV's senior unsecure...
Air Europa has secured a €475 million ($555.85 million) aid package from the Spanish government, which comprises a €240 million equity-backed loan and a €235 million regular loan, according to governm...
Wizz Air has posted an underlying net loss of €243.1 million for the six months to 30 September 2020, with revenues down by 71.8% to €471.2 million. Total operating expenses (including discontinued fu...
easyJet has raised $169.5 million from the sale and leaseback of a further eleven aircraft with two counterparties. Ten A320 family aircraft were sold to ACS Aero 2 Beta. The cash sales proceeds were ...
Mesa Air Group has entered into a five-year Loan and Guarantee Agreement with the US Treasury Department which provides the airline with a secured term loan facility to borrow up to $200 million under...
Global Jet Capital has closed its BJETS 2020-1 asset-backed securitisation (ABS), raising approximately $522 million. BJETS 2020-1 is Global Jet Capital’s fourth ABS offering, bringing total assets se...
Fitch Ratings has downgraded Spirit Airlines' 2017-1 class AA enhanced equipment trust certificates (EETCs) to 'AA-' from 'AA'. The certificates remain on Rating Watch Negative. Fitch has affirmed Spi...
PJSC Aeroflot has raised RUB80bn ($1bn) with the successful completion of its share capital increase conducted through the placement of newly issued ordinary shares. Following the offering, the Russia...
KLM’s €3.4 billion in loan and government guarantees remains in doubt at this time since the amount was conditional on all KLM employees making a labour contribution during the term of the loan (expec...
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