Not only is aviation facing the biggest slowdown in its history market players are expecting recovery to be equally slow paced, according to a survey of industry executives by consultants ICF. Accordi...
The continuing impact of COVID-19 is giving little relief for airline executives with ticket refunds keeping pace with new ticket sales globally, according to Matthew Tringham, chief strategy and prod...
Risk management company, Anvil Group, has acquired airline safety advisory service, FlightSafe one of as the world's most comprehensive resource for airline safety data. Flightsafe provides access to ...
Despite IATA warning that airlines globally are facing losses of $314 billion in 2020, a 55% decline compared to 2020, the US government’s $58 billion CARES package, is by-far largest aid deal so far...
The US Treasury is proposing to provide the country’s airline sector with $50 billion of secured loans, not grants as the industry had requested, tied to conditions which include limits on executive p...
On March 18, 2020, American Airlines secured a 364-day $1bn senior secured delayed draw term loan credit facility, due to be paid in a single installment on March 17, 2021. Borrowings of term loans un...
US carrier Hawaiian Airways drew down a $235 million revolving credit facility on March 16, according to an 8-K filing by the airline. Citibank was the administrative agent on the credit facility whi...
Due to the dramatic loss of revenue, JetBlue has secured a new liquidity facility. On March 13, 2020, JetBlue entered into a delayed draw term loan credit agreement that provides for a term loan facil...
Aircraft asset manager Aviation Capital Group has closed of a $650 million secured funding facility in support of its growing Aircraft Financing Solutions (AFS) business. The facility was structured b...
With the global spread of COVID-19 is leading to negative ramifications on worldwide air travel KBRA’s Aviation ABS Group anticipates that continued increases in documented cases of the virus could ha...
Dubai Aerospace Enterprise (DAE) has announced today that its Board of Directors and Shareholders had authorized an additional US$300 million for bond repurchases to be conducted through open market ...
In its first quarter guidance, Southwest Airlines notes that although it experienced “healthy passenger booking and revenue trends for the first two months of 2020”, with year-over-year increases in o...
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