Florida-based cargo provider Western Global Airlines is set to enter the junk bond market for the first with issuance of $410 million of senior unsecured notes due in 2025. Western Global intends to u...
The board of directors of InterGlobe Aviation, which operates Indian carrier, IndiGo, has approved raising up to 4,000 crore rupees ($540 million) through a qualified institutions placement, the com...
Scandinavian airline, SAS, has reached an agreement in principle with investors to convert its existing debt into new debt or shares. Under the agreement, holders of existing SEK1.5bn ($172 million) ...
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) proposes two civil penalties totalling $1.25 million against Boeing for alleged violations in the program that allows the ...
Air Transport Services Group (ATSG), which provides medium wide-body aircraft leasing, contracted air transportation and related services, has second quarter customer revenue up by 13% to $377.8 milli...
Willis Lease Finance Corporation (WLFC) has reported second quarter total revenues of $75.0 million and pre-tax profit of $9.7 million. The company reported lower revenue in the second quarter of 2020...
Copa, which has been in hibernation for the second quarter, has posted a net loss of US$386.0 million or (US$9.08) per share. Excluding special items, the company would have reported a net loss of US$...
Brussels Airlines has reported a loss of €182 million in the first six months of 2020, despite the drastic cost-control measures taken to combat the impact of the pandemic crisis. First half revenues ...
The collapse in demand for air travel due to the pandemic has caused an 80% drop in revenue for the Lufthansa Group in the second quarter to €1.9bn – which was €9.6bn in 2019. Most of the revenue - €1...
Wizz Air has launched a €3bn European medium term note (MTN) programme, which has been provisionally rated Baa3 by Moody’s and BBB- by Fitch Ratings. Wizz Air has applied for the notes issued under th...
Despite widespread market difficulties MTU Aero Engines generated HI revenue of €2.048 billion, versus €2.243 billion for the same period in 2019, which translate into an operating profit of €224.2 m...
Air Canada today reported that it had made a $1.55 billion Q2 operating loss on total revenues that fell from $4.7 billion in 2019 to $527 million this year. The Canadian carrier has liquidity of $9.1...
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