Finnair has secured a €128 million Japanese Operating Lease with Call Option (JOLCO), arranged by BNP Paribas, to fund its fifth Airbus A350-900 XWB, which was delivered on 29 April 2016. “This transa...
National carrier Saudi Arabian Airlines (Saudia) has appointed HSBC as lead arranger for a 5 billion riyal Sukuk issuance, which is planned for the second half of the year. ...
Chorus Aviation generated operating income of $26.8 million during the first quarter of 2016, an increase of $10.9 million over first quarter of 2015. This increase was driven by a $1.0 million contr...
Nigerian flag carrier, Arik Air, has been selected as one of the airlines that will benefit from a $20 billion (about N4 trillion) African Export-Import Bank (Afreximbank) syndicated loan. The news wa...
Fitch Ratings has affirmed Rolls-Royce’s Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'A'. The outlook on the long-term IDR is negative. The negative outlook reflects the chall...
During the first three months of 2016, DVB Bank generated reasonable consolidated net income before taxes of €25.9 million compared to €84.3 million in the prior-year period. Ralf Bedranowsky, CEO and...
On April 26, Credit Agricole-CIB closed successfully a 12-year Japanese Operating Lease with Call Option (JOLCO) for one new 777-300ER (msn 61701) for Air France. The aircraft cost was financed by way...
CMB Financial Leasing has announced the successful closing of a refinancing debt facility covering two Boeing 777-300ER aircraft with a banking group consisting Asia-Pacific and European lenders. The ...
Virgin Atlantic completed the closing of its first JOLCO financing at the end of April. The aircraft, a Boeing 787-9, was delivered to the UK’s second largest long-haul carrier in December 2015 and su...
International Consolidated Airlines Group (IAG) has exercised its option to redeem all of its outstanding 1.75 per cent convertible bonds due 2018 on 21 June 2016 at their principal amount, which is €...
GOL Linhas Aéreas Inteligentes (GOL) has announced a plan to exchange outstanding bonds for new debt. The terms of the bond exchange, set out below, requires investors in Gol's perpetual bond to assum...
Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg reports that the board of directors has declared a regular quarterly dividend of one dollar and nine cents ($1.09) per share. T...
We're Social