State declines support for Kuwait Airways
The Kuwaiti government is reported to have refused to cover the KD145 million ($490 million) in losses incurred by state-owned airline Kuwait Airways during the past two years. Finance Minister Anas K...
The Kuwaiti government is reported to have refused to cover the KD145 million ($490 million) in losses incurred by state-owned airline Kuwait Airways during the past two years. Finance Minister Anas K...
In an interview with Troy Lambeth, chief executive of Sanad Aero Solutions (Sanad), Mubadala’s spare engine and component leasing and financing company, stated that the company expects to increase its...
The National Bank of Abu Dhabi (NBAD) and Boeing have extended an agreement to develop aircraft financing and leasing opportunities in the Middle East market together over the past three years. The no...
MTU Aero Engines will propose to the Annual General Meeting that the dividend be increased to €1.45 per share in light of record annual results. This represents an increase of 10 euro cents or 7.4% co...
Ryanair has previously announced an intention to return capital to shareholders by way of a combination of share buybacks and dividends. Yesterday the low-cost airline purchased for cancellation a tot...
Bombardier successfully priced its offering of US$2.25 billion aggregate principal amount of new Senior Notes on February 27. The issuance is comprised of US$750 million aggregate principal amount of ...
GA Telesis has closed on a new syndicated $150 million credit facility. Led by HSBC Bank USA, the deal includes an increased commitment from four global and regional banks involved in the company’s pr...
Garuda Indonesia, the national airline of Indonesia, has signed a US$ 400-million bridge financing facility agreement with two financial institutions, the National Bank of Abu Dhabi and Dubai Islamic ...
Cebu Pacific has financed three A320s with a commercial loan. Société Générale was the sole structuring, mandated lead arranger and trustee. The Development Bank of Japan and the Bank of Philippines I...
Guinea Bissau has become the 37th country to join the African Export-Import bank (Afreximbank) as a Participating State, following the signing of the Bank’s Establishment Agreement by the Government, ...
Citi, the leading provider of cash management and trade services in the MENA region and Etihad Airways, the national airline of the United Arab Emirates, today announced the signing of an agreement to...
Further to the announcement on 10 December 2014, Rolls-Royce has announced the completion of the first £250m tranche of the share buyback. The second £250m tranche has now been initiated to enable the...
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