Gogo has launched a private offering of $500 million aggregate principal amount of senior secured notes due 2022 to be issued by its direct wholly owned subsidiary, Gogo Intermediate Holdings and its ...
Brazilian airline Gol Linhas Aereas (GOL) has extended the deadline for a bond swap again, this time to June 15. The terms of the exchange remain the same. GOL has tendered $134.9 million worth of deb...
Airbus Group plans to sell approximately 0.83 million shares that it owns in Dassault Aviation (the “Shares”), representing around 9.05 percent of the share capital, through a private placement by way...
RPMs for May 2016 increased 24.8% year on year with a capacity (available seat miles) increase of 24.0%. Even so, load factor increased to 87.2%, an increase of 0.6% year on year. Spirit’s systemwide ...
United Airlines’ board was too isolated in recent years, allowing the carrier to fall behind rivals since its 2010 merger, said Chief Executive Oscar Munoz. Better operational insight might have promp...
United Airlines consolidated traffic (revenue passenger miles) decreased 1.2%, while ASMs increased 0.5% year on year. Consolidated load factor decreased 1.4ppts year on year as a result. United conti...
LATAM Airlines Group and its subsidiaries have reported system passenger traffic increased by 1.2% while capacity increased by 0.3%. As a result, the Company’s load factor for the month increased 0.7p...
Burnham Sterling & Co. LLC (Burnham Sterling), a financial advisor specializing in asset financing, announced that it closed a $450 million private placement for Delta Air Lines Burnham Sterling and a...
Emirates Airline has announced that it will be closing two bonds in full this month, amounting to a total of $1.1 billion, which will be repaid from its own cash resources. The airline announced that...
DVB has financed and aircraft backed loan for two new A330-300s for Guggenheim Aviation Partners. The aircraft are both on long term lease agreements with Delta Air Lines. Vedder Price acted for DVB w...
The finance ministry in Mainz, Germany, is selling its 82.5% stake in regional Frankfurt-Hahn Airport to a Chinese logistics and construction company, Shanghai Yiqian Trading Company, reports the Germ...
As previously reported, Virgin Australia, has formally announced the agreement with HNA Group to form a strategic commercial alliance, which involves HNA buying a 13% stake in the Australian airline f...
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