Embattled LCC Norwegian’s recent deal with lessors that means it won’t pay rents on aircraft grounded by COVID 19 and which the carrier expects to save it $285 million over the next 12 months is unlik...
Singapore Airlines (SIA) announced today that it has raised S$10 billion of liquidity through its recent rights Issue, as well as a mix of secured and unsecured credit facilities. In a statement the c...
KBRA is revising its Watch status to Watch Downgrade for the ratings of eight securities of Prop 2017-1 Limited, AASET 2018-3 Note Issuer Designated Activity Company, Horizon Aircraft Finance I and Ra...
A combination of slowing economic activity and concerns over a US-China trade war have led analysts Cowen to predict weaker growth from Atlas. “We are downgrading Atlas Air shares to Market Perform fr...
AE Industrial Partners, a private equity firm specialising in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets, announced today that Kevin McAllister, forme...
On May 29, CA-CIB closed the commercial debt refinancing of a Boeing 777 Freighter for a KG fund managed by the Munich based asset manager LHI Group. The 10-year-old aircraft is leased to a major carg...
Turning into the third quarter of 2020 and with the coronavirus lockdown restrictions, airlines and lessors are seeking to raise fresh funds. Southwest Airlines is in the market with an $1.8 offering ...
Nordic Aviation Capital has applied to the High Court in Dublin to launch a scheme of arrangement to defer debt repayments for 12 months while simultaneously receiving a $60 million equity injection f...
Stobart Group has announced its intention to raise between £80 million and £100 million via a rights issue priced at between 35 and 40 pence per share as it seeks to plug the gap in its finances from ...
Air Asia Group is considering a number of proposals from banks and potential investors including selling a stake in the Malaysia-based carrier, or forming a JV, to shore up the airline’s finances as i...
Indian banks have reached out to the Reserve Bank of India (RBI) to restructure loans worth Rs 3 trillion ($40 billion) given to companies in stressed sectors such as aviation, hospitality and tourism...
AeroCentury today reported a first quarter 2020 net loss of $10.2 million, compared to a net loss of $1.3 million, for the same period 2019. Results for the quarter ended March 31, 2020 included impai...
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