MUFG has closed a $75 million senior secured revolving credit facility (RCF) for Sun Country Airlines.The facility will replace Sun Country's existing $25 million RCF and is intended to provide additi...
Phoenix Aviation Capital and AIP Capital have closed a pre-delivery payment financing facility, which will be used to finance pre-delivery payments for Phoenix's orderbook of 30 737 MAX 8 aircraft wit...
Korean Air said that it will focus on “enhancing profitability, amid political and economic uncertainties”, as the airline estimates it will post a revenue of 3.96 trillion Korean won ($2.78bn) for th...
Vietnam's Vietjet has signed a $300 million deal with AV AirFinance, a partner of investment fund KKR, in order to fund the expansion of its fleet.This announcement from the airline reaffirms reports ...
The CEO of Air France-KLM said that the airline will be lowering economy class fares, as it experiences slight softness on transatlantic routes in these cabins.Talking to Bloomberg TV, Ben Smith state...
Delta Air Lines has projected lower-than-expected profits for the second quarter of the year, with the airline also reducing planned capacity growth in for the second half of 2025.This in response to ...
Investment manager Barings has entered into a purchase agreement to acquire a portfolio of narrow-body aircraft through its Capital Solutions platform.The transaction is in partnership with aircraft l...
Pakistan International Airlines (PIA) has recorded its first annual profit in over two decades, as the Pakistani government prepares for a renewed push to privatise the flag carrier.The profit was dis...
With the first day of Airline Economics’ Growth Frontiers Tokyo 2025 starting today, April 9, discussions surrounding tariffs cropped up in almost every panel. With US President Donald Trump introduci...
Iceland’s PLAY Airlines has agreed to pay a settlement offer from the Financial Supervisory Authority of the Central Bank of Iceland (FSA) totalling 15.8 million Icelandic Krona ($118,500), following ...
South Korean carrier Jeju Air will raise 130bn Korean won ($89.03 million) in short-term loans from financial institutions, in order to support upcoming pre-delivery payments for an order of 737 MAX 8...
Fitch Ratings downgraded Southwest Airlines to a “negative” rating outlook from its previous stable rating on April 3, 2025.The credit rating agency stated that Southwest may shift to a “less conserva...
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