Vietravel Airlines is planning to increase its charter capital by six times its current size to $323 million by 2025 to enable it to acquire new aircraft, Nguyễn Quốc Kỳ Chairman of Vietravel Holdings...
American Airlines has priced a private offering of $750 million senior secured notes due 2028 at 7.25%. The notes are being offered at par. The notes will be secured with slots, gates and routes colla...
SriLankan Airlines has defaulted on a $175 million bond as it was unable to meet a $6 million interest payment due in December 2022. The airline’s default on the 7% bond occurred as a result of a non-...
Frontier Airlines' parent company Frontier Group Holdings reported operating revenues of $906 million for the fourth quarter of 2022 (Q4 2022), up 38% on 2019. The carrier in turn netted a pre-tax qua...
Law firm Watson Farley & Williams is advising RMI and banks on developing a finance framework to support decarbonisation in aviation. The lenders include Bank of America, BNP Paribas, Citibank, Crédit...
Fabrum recently announced a $23 million Series A financing led by AP Ventures with participation from Australia-based Fortescue Future Industries, Japan-based Obayashi Corporation and New Zealand-base...
Air India is planning to secure another short-term loan of $2.1 bn from Bank of India (SBI) and Bank of Baroda (BoB) to refinance its current debt as a part of airline’s short-term strategy to refinan...
Vietnam Airlines is looking for a consultancy to help it sell a stake in Skypec. The consultancies could make their offers until February 8, 2023, the airline said in a statement. This move by the air...
Aircraft motion and controls systems maker Moog has reported first quarter 2023 (Q1 2023) diluted earnings per share of $1.44, an increase of 14% compared to Q1 2022. Net sales were up 6% on Q1 2022 t...
VietJet carried over 20. 5 million passengers throughout its network with an increase of 20% compared to pre-pandemic 2019. The airline reported a 24% increase in the 2022 final quarter result closing...
InterGlobe Aviation, the parent company of Indigo, has reported 1000% rise in net profit to INR 14.26 bn for the December 2022 quarter. This is against a net profit of INR 1.29bn in same period in 202...
Business aircraft finance company Global Jet Capital (GJC) has exceeded $3.5bn in support to users of new and pre-owned aircraft since starting operations in 2014. "This milestone is significant for t...
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