Philippine Airlines has announced plans to order at least 100 new aircraft and resume flights to Europe and increase services to the USA. The carrier’s two main owners will provide $1bn to help fund ...
As reported last week, the privatization of Kuwait Airways is inching closer, however analysts seem to have written off the deal before it has been launched. Aviation analysts claim that investors are...
The Business Travel Coalition (BTC) has asked the US Department of Transportation (DOT) to study the consequences of recent airline mergers in light of US Airways' (US) public announcement that it is ...
Zane Rowe, chief financial officer of United Airlines, is leaving the airline to take a job at Apple as one of its vice presidents of sales. Zane Rowe had been CFO at Continental from 2008 before thos...
Emirates, which is considering refinancing $550mn of sukuk maturing in June, may pay 339 basis points over similar maturity midswap rates, or about 4.55%, says Bloomberg. This is below the average yie...
Russian Development Bank’s VEB-leasing has agreed to finance four A380s for Transaero Airlines, which will be the first A380 Russian customer. Transaero currently operates 19 747s, 13 777s, 14 767s, 2...
Followers of this news service sometimes take a bet on the calls we make and we pride ourselves on getting the gambles correct well in advance, and so it is we are pleased to announce that the ver...
The Export-Import Bank of the United States (Ex-Im Bank) has approved a Final Commitment for an $84.8 million loan guarantee to Brazilian airline VRG Linhas Aereas (GOL). The financing will support th...
Investec is planning spin off its aircraft leasing business in Singapore in a business trust listing by June in a deal worth $600m–$800 million. Bank of America Merrill Lynch, BNP Paribas and Credit S...
Air Arabia has increased its dividend payout for last year. The Sharjah-based airline will pay a cash dividend of 6 fils per share, after net profit rose to Dh78.7 million, an increase of 7% from the ...
Virgin Australia Holdings will invest A$8 million in regional airline Skywest Airlines that is expanding its service to Australia's booming mining hubs. Skywest caters for domestic and international t...
Fitch Ratings notes that an uptick in unsecured bond issuance by aircraft lessors could signal that the capital markets are once again becoming a viable financing alternative for the sector. Aircraft ...
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