The heightened interest rate environment has increased the cost of debt for everyone but this has particularly hit hard those companies without the cushion of an investment grade rating. Banks are com...
Ashland Place is in the market with its inaugural asset backed securitisation (ABS), which comprises four tranches of aviation loans. The offering comprises $238.2 million A notes, rated AA by KBRA, w...
Many airlines have recorded record profits in 2023 capitalising on sustained demand for air travel. However, costs are rising steadily as inflation bites. Wages are rising with airlines bearing the br...
Shannon Engine Support (SES) concluded an $875 million engine portfolio financing in a club-deal of eight banks on November 20, 2023. This landmark transaction, which is the largest aircraft engine po...
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), entered into its inaugural Sustainability Linked Loan (SLL) on December 1, 2023, anchored with ...
Aircraft leasing companies are enjoying a period of rising asset values and lease rates driven by tight supply but equally would rather the provision of aircraft was more stable and aircraft deliverie...
Avolon has priced a $400 million private offering– by its wholly owned subsidiary Avolon Holdings Funding – of senior unsecured notes due 2028 at 6.375%. The notes, which were priced at 100.296% of pa...
Global leasing and financial platform Novus Aviation Capital is to collaborate with Vietjet on what the Vietnamese carrier describes as ‘the establishment of an aircraft financing and leasing vehicle’...
Airlines have enjoyed a sustained period of profitability over the past 12 months driven by “revenge” travel demand and pressures on capacity bumping up yields. Leasing companies are also benefitting ...
Alaska Air Group and Hawaiian Holdings have entered into a definitive agreement where Alaska Airlines will acquire Hawaiian Airlines for $18.00 per share in cash, for a transaction value of approximat...
Stratos, the independent aircraft asset manager, has launched an enhanced ABS reporting portal for JOLAir 2019-01. Stratos notes that it has designed the portal to help bondholders better understand t...
Spanish multinational Spanish infrastructure group Ferrovial is to sell its 25% stake in London Heathrow Airport’s parent company, with Ardian and Saudia Arabia’s Investment Fund (PIF) to purchase 15...
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