Volocopter has raised $170 million in the initial signing of its Series E funding round led by South Korean investor WP Investment, at a pre-money valuation of US$1.7 billion. Composed of funds by new...
Fitch Ratings has assigned Mumbai International Airport Limited's (MIAL) proposed US dollar bonds an expected rating of 'BB+(EXP)'. The Outlook is Stable. The bond proceeds will be used to repay the b...
The United States, European Union, and United Kingdom have imposed new sanctions against Russian individuals and entities. In light of these recent events, Kroll Bond Rating Agency (KBRA) states that ...
Capital A Chief Executive Tony Fernandes has indicated to the media that AirAsia will have an independent board and may be listed separately as the market recovers. "I think that's up to the board at ...
Odys Aviation (formally Craft Aerospace), the aircraft startup making hybrid-electric vertical takeoff and landing (VTOL) aircraft for regional mobility, has announced a $12.4 million seed funding rou...
Fitch Ratings has downgraded the class A-1, A-2 and B-1 asset-backed notes issued by ECAF I. (ECAF I). The Rating Outlooks remain Negative on the class A-1 and A-2 notes (since class B-1 no longer has...
BBAM Limited Partnership (BBAM) has announced that it has closed its latest flagship aircraft leasing fund, Incline Aviation II, with total capital commitments of approximately $1.5 billion. A diverse...
Moment, a French tech company specialised in entertainment and passenger experience solutions for the travel industry, has been selected by Air Senegal to install its In-Flight Entertainment system (W...
Kenya Airways is reported to have selected financial advisers Seabury Securities to help the airline evaluate options to restructure its debt. The airline, which is 48.9% owned by the state, is report...
Grupo Aeroméxico has confirmed that the hearing to consider confirmation of the Joint Plan of Reorganization of the Company and its subsidiaries that are debtors in the Company’s Chapter 11 voluntary...
TrueNoord, the specialist regional aircraft lessor, has secured additional support from Citibank, Société Générale-CIB, Royal Bank of Canada and Farallon Capital Management which brings total committe...
Raytheon Technologies, which owns Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space (RIS) and Raytheon Missiles & Defense (RM), has reported full year sales of $64.4 billion. The compa...
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