Philippine Airlines (PAL) has signed a debt financing agreement with PK Airfinance and Novus Aviation Capital to fund four 2018 Airbus A321-200neo aircraft. PK AirFinance, a GECAS company, will provid...
GECAS and Oz Management (Oz) have closed STARR 2018-1, which is the first aircraft portfolio purchase vehicle structure to include a dedicated asset manager – Start Ltd – for equity investors. In this...
Boeing Chairman, president and chief executive officer, Dennis Muilenburg, has reported that the board of directors has declared a regular quarterly dividend of one dollar and seventy-one cents ($1.71...
CALC has completed the establishment of an international investment vehicle for aircraft leasing – CAG, to invest in aircraft portfolio on lease to global airlines. CALC calls this an “important strat...
Civil Aviation Authority of Zimbabwe's acting general manager, Tawanda Gusha has told media that Turkish Airlines (THY) has not made any formal communication with Zimbabwe to establish flights between...
Kenya Airways has announced plans to resume aviation fuel hedging in the second half of this year to counter price volatility and a steep increase in costs. The airline had suspended fuel hedging in 2...
Wings Capital Partners has closed a $500 million secured loan facility with a syndicate of six major international banks. The five-year loan facility contains a two-year acquisition period and can be ...
Citizens Commercial Banking has led a new credit facility for UK-based Bromford Industries, which supplies complex, close tolerance engine components, fabrications and assemblies for the global aerosp...
Chinese banks are being encouraged to participate in HNA bond issuance by the Chinese government, reports The Financial Times. HNA plans to issue RMB4bn ($620 million) in three-year domestic bonds, pa...
On the back of its first asset backed securitisation of a portfolio of business jets, Global Jet Capital, has launched its second offering, Business Jet Securities 2018-2. This latest deal comprises t...
Fitch Ratings has downgraded the long-term Issuer Default Ratings (IDRs) for General Electric Company (GE) and GE Capital Global Holdings, LLC (GE Capital) to A from A+. Fitch has affirmed the short-t...
Singapore Technologies Engineering (ST Engineering) subsidiary, ST Engineering Financial I, has elected to redeem all of the outstanding US$500 million 4.80% notes due 2019 guaranteed by ST Engineerin...
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