Wizz Air shareholders have voted down its directors’ executive pay for the year. Jozsef Varadi, chief executive at the central European LCC was set to receive a $619,000 bonus despite Wizz Air missin...
AerCap reported a fall in second quarter net income to $246 million from $331 million for the same period year-on-year, with the lessor saying this was primarily driven by lower basic lease rents and ...
Southwest Airlines is back in the market with a $1bn bond issuance comprising $300 million senior five-year 5.250% notes, due 2025, and $700 million seven-year 5.125% notes, due 2027. The five year n...
Hawaiian Airlines has launched a two-tranched $262 million Enhanced Equipment Trust Certificates (EETC) offering, secured by eight Airbus aircraft. The offering comprises: $216.976 million class A not...
Alaska Airlines has posted a net loss of $439 million in Q2 the second with the carrier attributing this to the ongoing COVID 19 pandemic. Alaska Airlines grounded 89 mainline aircraft from their flee...
JetBlue has posted a pre-tax Q2 loss of $450, versus income of $236 million for the same period in 2020. Revenue in Q2 for the US carrier fell 90% year-on-year as a result of the impact of COVID-19. T...
Crédit Agricole CIB successfully closed the financing of one Airbus A350-900 aircraft operated by Air France on July 27. The financing is structured as a JOLCO financing with CA-CIB acting as overall ...
A US judge has granted carrier Aeromexico the right to return at least 19 leased aircraft as part of its bankruptcy restructuring process, according to court documents published late last week. Last m...
The first quarter of 2020 was “the most challenging in Ryanair’s 35 year history”, the LCC said as it reported a first quarter loss of £185 million on the back of a 99% drop in passenger numbers with ...
AAR today announced that certain of its subsidiaries expect to receive $57.2 million from the US Treasury Department through the Payroll Support Program under the Coronavirus Aid, Relief, and Economic...
Rolls-Royce has reached agreement with unions on up to 700 UK job cuts this year, with the rest of its planned 3000 reduction in headcount intended to come from employees taking voluntary buyouts. The...
It has now been confirmed publicly that MUFG Bank’s acquisition of DVB’s Aircraft Asset Management (AAM) and DVB Aviation Investment Management (AIM) businesses has not been completed due to “regulato...
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