Fitch Ratings has upgraded its Avolon issuer rating from BB to BB+ with a positive outlook. Fitch has also upgraded its issue-level rating on all outstanding senior unsecured notes issued by Avolon’s ...
Grupo Aeromexico’s fourth quarter 2018 revenue reached $18.5 billion pesos, a 9.8% year-on-year increase. During the quarter, Revenue per ASK (RASK) increased by 6.5% compared to the same period of 20...
Air Astana has declared an unaudited net profit for 2018 of $5.3 million, driven by higher revenues and higher jet fuel costs. Total airline revenue rose by 10% to $840.8 million. Capacity as measured...
International Consolidated Airlines Group (IAG) has disclosed that its shares held by non-EU persons has reached 47.5%, which has prompted the board to limit non-EU shareholdings and fix that limit at...
Delta Air Lines has declared a quarterly dividend of $0.35 per share. The dividend is payable to shareholders of record as of the close of business on Mar. 1, 2019 and will be paid on Mar. 22, 2019. ...
Latvian airline airBaltic has mandated global investment bank Greenhill to evaluate financing options for the future development of the airline, which includes the search for a potential new investor....
In a departure from its usually financing preference of raising debt, Spirit Airlines has stated that it will finance nine of its 16 deliveries in 2019 using sale-leaseback structures. Meanwhile, the ...
Allegiant Travel Company has borrowed $450 million under a Credit and Guaranty Agreement with certain of its subsidiaries, excluding Sunseeker Resorts, as well as other lenders. Barclays acted as synd...
It is being widely reported that Jet Airways has agreed to most of the conditions set by shareholder Etihad Airways for a new memorandum of understanding (MoU) to save the troubled carrier. If finalis...
On January 29, 2019 Mesa Air Group closed a $91.2 million five-year term loan at LIBOR +3.1%. The proceeds were used to pay down existing debt at LIBOR +7.25% plus yield enhancement of 1.5%. The term ...
Air Canada and Chorus Aviation, the parent company of Jazz Aviation, have confirmed that all conditions have been met and the previously announced amendment and extension of the Capacity Purchase Agre...
Dentons has advised Chorus Aviation Capital, a wholly-owned subsidiary of Canada-headquartered Chorus Aviation, on a US $300 million committed, revolving credit facility to be used to finance future a...
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