The shareholders of Lufthansa have voted in favour of accepting €9 billion state aid package from the federal Economic Stabilisation Fund (WSF) after concerns that its largest shareholder could block ...
United Airlines has increased the size of its previously announced note issuance backed by the carrier’s loyalty card programme to $6.8 billion from $5 billion. The private offering by Mileage Plus Ho...
Aviation Capital Group has closed a $600 million unsecured revolving line of credit with its 100% owner Tokyo Century Corporation. The facility has an initial term of 3 years and will automatically e...
Fitch Ratings has assigned BB-/RR4 ratings to a series of special facility revenue bonds to be issued by the city of Houston and guaranteed by United Airlines Holdings. The city intends to issue three...
Lufthansa is planning to close down the German part of its JV with Turkish Airline, Sun Express, according to a company statement. “After intense discussions and evaluating various options for the con...
ATR today announces the sale of two ATR 72-500 aircraft from its asset management portfolio to Hi Air. With this purchase, the South Korean start-up, which began operations in December 2019 will incre...
Moves by American Airlines to raise cash via a “trifecta” of equity, convertible bonds and debt raises is a “liquidity grab” by the carrier to tap markets while there is still appetite by investors fo...
South African carrier COMAIR is looking to extend the deadline for publishing a business rescue plan as the firm wants to examine a potential bid received late Sunday night, according to a statement ...
Dublin-based aircraft lessor, AerCap, through subsidiaries AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust, priced its offering of senior notes, consisting of $1.25...
A number of European and global aviation industry groups have called for an extension of the EU’s slot waiver rules until March 2021. The ERA (European Regions Airline Association), alongside the Inte...
Alaska Airlines will start flying the Embraer 175 jet aircraft in the state of Alaska starting in October 2020. The E175, operated by regional partner Horizon Air, will serve select markets in Alaska....
JetBlue has followed Delta’s April example and pledged slots as collateral on a $750 million loan as it seeks to strengthen its balance sheet to deal with COVID 19. In April Delta announced it was rai...
We're Social