AerCap has completed its inaugural sukuk issuance of $500 million 4.500% with a five-year maturity period on October 3, 2024. The Sharia-compliant bond was issued by subsidiary AerCap Sukuk. The compa...
The June 2021 default by Indonesian airline, PT Garuda Indonesia, on its US$500 million sukuk could provide clarity on sukuk restructuring, resolution and enforceability in the country, Fitch Ratings ...
PT Garuda Indonesia has announced that although it continues to “work diligently” to support its ongoing airline operations and to manage its finances with all “due prudence, it must continue to defer...
Dubai Aerospace Enterprise (DAE) is reported to have hired banks to arrange investor calls ahead of a planned issuance of US dollar-denominated sukuk, reports Reuters. The arranging banks are reported...
Etihad Airways has launched the world’s first Transition Sukuk and the first Sustainability-Linked financing in global aviation, under a Transition Finance Framework. This follows the first aviation f...
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