Emirates Group Announces 2021-22 Results
The Emirates Group released its 2021-22 Annual Report on May 13, which posted a loss of AED 3.8 billion (US$ 1.0 billion) for its financial year ending March 31, 2022, compared with an AED 22.1 billio...
The Emirates Group released its 2021-22 Annual Report on May 13, which posted a loss of AED 3.8 billion (US$ 1.0 billion) for its financial year ending March 31, 2022, compared with an AED 22.1 billio...
volofin Capital Management (volofin) has structured and arranged the financing for WNG Capital (WNG) of one 757-200 factory freighter on lease to Icelandair and two A321-200s on lease to Air Canada. S...
Dubai Aerospace Enterprise (DAE) has successfully closed a new four-year US$1 billion Revolving Credit Facility (RCF) with a one-year extension option. The Facility replaces other facilities with near...
TUI is returning the first part of the credit lines provided during the pandemic on 1 April 2022. The financial resources made available by the German government and private banks in the framework of ...
Global Crossing Airlines Group has closed its previously announced private placement of $6 million in non-convertible debentures. The lead investor in the Offering was Alterna Capital Partners, throug...
Drone and Urban Air Mobility (UAM) technology company ,Terra Drone, has raised $70 million (¥8 billion) in Series B funding with investments from Mitsui & Co, SBI Investment, Tokyu Land Corporation, K...
Aer Lingus has secured an additional €200 million in loans from the Irish Government as it moves to improve its liquidity. The airline has now borrowed €350 million the total from the state. The packa...
Capital A, parent of AirAsia, has confirmed that it has rejected a new club facility of up to RM500 million under the Danajamin Prihatin Guarantee Scheme because it was not able to fulfil certain cond...
Kroll Bond Rating Agency (KBRA) has commented in a research note that the fate of aircraft trapped in Russia are unclear but dim as the deadline to repossess aircraft hurtled closer. KBRA says that th...
Israeli airline El Al has signed a non-binding deal for a $130 million loan from insurer Phoenix Group, which has an interest rate of 5.5% to 7%. El Al has pledged its Matmid frequent flier club as co...
Global Crossing Airlines Group (GlobalX) has announced a US$6.0 million offering of non-convertible debentures. The lead investor is Alterna Capital Partners, through an affiliate of Alterna Core Capi...
The European Commission has approved a €7 million Slovenian incentive scheme towards airlines affected by the coronavirus pandemic. The scheme is a re-introduction of an aid measure initially approved...
We're Social