United pulls $2.25 billion bond offering
United Airlines has pulled out of a $2.25 billion bond issuance only three days after it announced it with media reports suggesting the carrier walked away because it was unable to get attractive enou...
United Airlines has pulled out of a $2.25 billion bond issuance only three days after it announced it with media reports suggesting the carrier walked away because it was unable to get attractive enou...
SAS has signed a SEK 3.3 billion three-year revolving credit facility agreement, 90% guaranteed by the Swedish and Danish states. Since the announcements from the Scandinavian governments on credit gu...
AerCap reported its first quarter income increased by 18% to $276.8 million, from $234.2 million for the same period in 2019, while also saying it had cancelled some outstanding MAX deliveries. While ...
Avolon has reported first quarter profits that are 13% down on the same period last year and it has received requests for payment relief from more than 80% of its current owned and managed customer ba...
EU Regulation 261/2004 may require airlines to refunds cancelled tickets within seven days by bank transfer, but Lufthansa chief executive Carsten Spohr said that forcing carriers to hand back cash ra...
Warren Buffett’s investment firm Berkshire Hathaway has exited the US airline industry having sold all its shares in American Airlines, Delta Air Lines, United Continental Holdings, and Southwest Ai...
The US Department of Transportation’s Federal Aviation Administration (FAA) will award $1.187 billion in airport safety and infrastructure grants. The total includes $731 million in Airport Improvemen...
GE is cutting another 10,000 aviation jobs globally as it prepares for an extended slump in Q2 air traffic and likely production cuts by aircraft manufacturers that will last longer. The new permanent...
Alaska Airlines has reported a net loss for the first quarter of 2020 of $232 million, compared to net income of $4 million in the first quarter of 2019. “The impacts of COVID-19 on our business have ...
Suggestions that passengers arriving at UK airports will be compelled to enter a 14-day quarantine period as part of Government Covid-19 measures, was roundly rejected by Airlines UK, the industry ass...
The European Union’s competition watchdog approved French state aid worth €7bn for Air France-KLM. The carrier obtained a state guarantee and a subordinated shareholder loan, a financial lifeline exec...
Ailing LCC Norwegian Air has won support from shareholders, bondholders and aircraft lessors for a 10bn kroner ($1billion) debt-for-equity swap. At an emergency AGM today he airline’s shareholders vot...
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