Icelandair Group has entered into a $80 million loan agreement with an Icelandic financial institution. Ten of the company’s Boeing 757 aircraft will be encumbered as a security for the repayment of t...
For airlines, the direct cost for grounding the 737 MAX 8/9 Fleet will be in the region of $150,000 per day per aircraft grounding, according to IBA. IBA calculates the direct costs from the grounded ...
During 4Q18, Embraer delivered 33 commercial and 36 executive aircraft (24 light jets and 12 large jets), for a total of 90 commercial and 91 executive aircraft (64 light and 27 large) delivered in 20...
Norwegian Air Shuttle (Norwegian) has completed its rights issuance, raising $350 million from the sale of 90,871,318 offer shares for NOK 33.00 each. The shares were allocated yesterday (March 11), w...
BNP Paribas Asset Management (BNPP AM) has entered into a strategic infrastructure debt management partnership with Korea Investment & Securities (KIS), the Korean investment banking and brokerage com...
Aegean Airlines debut bond issuance has raised €200 million. The sale of the seven-year notes, priced at 3.6% and issued at par, was 2.6 times oversubscribed reaching a total book of €527.7 million. T...
Hawaiian Airlines system-wide traffic for the month ended February 28, 2019 reached 870,000 guests. Total traffic (revenue passenger miles) increased 2.3% on an increase of 2.8% in capacity (available...
KGAL Group will offer institutional investors two new fund concepts for aviation investments in 2019. The total investment volume managed increased to €2.1 billion in 2018 (2017: €2 billion). Aircraft...
Copa Airlines has secured financing for eight 737Max9 using a $400 million Japanese Operating Lease with Call Option (JOLCO). MUFG was mandated by Copa Airlines as sole arranger and facility agent of ...
Israir pilots have declared a labour in a move designed to a possible sale of the carrier to businessman Yoav Golan. The declaration would enable them to strike after a two-week cooling-off period. Me...
Low-cost African airline Fastjet has confirmed that it has extended the terms of an unsecured loan to March 31. In June 2018, Fastjet entered into the loan agreement with Annunaki Investments and SSCG...
Bombardier has successfully priced its previously announced offering of US$1bn, which has been upsized to US$2bn, amount of new Senior Notes due April 15, 2027. The new Senior Notes will carry a coupo...
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