British Airways has announced its intention to close its main defined benefit pension scheme (NAPS). The decision caused unions to react strongly. “Unite and GMB within British Airways must express on...
BBAM Limited Partnership (BBAM) has closed Incline Aviation I, a fund dedicated to investing in leased commercial jet aircraft, after raising $881 million. “We believe Incline to be the largest fund o...
Chorus Aviation has entered into a three-year committed operating credit facility with CIBC and The Bank of Nova Scotia (Scotiabank). CIBC is the lead arranger and administrative agent under the facil...
DVB has reported a consolidated net loss before taxes of €506.3 million in the first six months of 2017 compared to a net income of €14.1 million in the year-ago period. The net figure was dominated b...
In a pre-trading statement for the six months ended 31 July 2017, Air Partner, the global aviation services group, says that it made a strong start to the year with underlying pre-tax profit for the f...
In a commentary, Zafar Nazim, JPMorgan analyst, has provided an up-to-date assessment of the impact of airberlin bankruptcy announcement on the EA Partner I & II bonds. Nazim states that the bonds are...
Vedder Price represented SKY Aircraft Leasing International (SKY Leasing) in connection with the structuring of a sale of a portfolio of up to 21 aircraft to S-JETS 2017-1 Limited (S-JETS), a special ...
Yesterday, Cathay Pacific Group signed a Memorandum of Understanding (MOU) with Airbus for 32 A321neo single-aisle aircraft. The aircraft will be operated by Cathay Dragon, the regional carrier of the...
On July 31st and August 2nd 2017, AirAsia Berhad (AirAsia) closed the commercial financing of two A320 Neo aircraft bearing the MSNs 7719 and 7677 respectively. Crédit Agricole CIB (“CACIB”) acted as ...
During July, SkyQuest International, sold one Fokker 50 (Serial Number 20106) on behalf of APU Investors to CTC Cancun Travel Concepts based out of Mexico. The company also sold one Quest Kodiak 100 (...
Investec Aviation Finance has financed one new Airbus A320ceo for Air Côte d`Ivoire. The transaction, which closed on the July 14, 2017, saw Investec Aviation Finance provide senior debt funding to th...
Vietjet Aviation’s overall revenue for 1H2017 stood at US$730.7 million, an increase of around 31 per cent compared to the previous period. Revenue in 2Q2017 reached US$503.0 million, an increase of 8...
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