TAAG Angola Airlines has secured $256 million loan with an US Export-Import Bank guarantee for one 777-300ER aircraft with GE90-115B engines. The guaranteed lender is the New York-based Private Export...
Capital Management House, the Bahrain based investment bank, has announced it has made the first distribution of dividends to investors of its aircraft leasing investment fund, which was established i...
Singapore Airlines shares gained 3% since the price of oil fell last week. Air China and Cathay Pacific Airways also saw their stocks gain immediately after the fall. However, analysts are warning tha...
Dubai’s first low cost airline, has secured financing worth USD $80 million, at list prices, with aircraft leasing company, MC Aviation Partners (MCAP); for the remaining B737-800NG aircraft the airli...
Chinese aircraft maker Aviation Industry Corp has sold CNY5 billion ($769.1 million) worth of bonds on the interbank market via private placement. Industrial & Commercial Bank of China was underwriter...
WestJet Airlines first-quarter earnings have beaten analyst estimates. The low cost carrier posted a first-quarter profit of C$48.2 million or 34 Canadian cents a share. This is well ahead of a restat...
International Lease Finance Corporation (ILFC) has finalized an order for the purchase of 100 A320neo family aircraft from Airbus. “Our work is ongoing as we continue on the path of providing the indu...
Ethiopian Airlines is looking for $1.45 billion for the financing of the purchase of 10 Boeing 787-8 and five 737-800 aircraft, with spare engines. Kassim Geresu, chief financial officer of Ethiopian,...
United Continental shares are volatile at best and so investors will be sure to make their voices heard today. A first-quarter loss, by itself, won’t be a big surprise because that’s usually the slowe...
Philippine Airlines (PAL) plans to raise up to $200 million via a syndicated loan this year to partly fund its ongoing re-fleeting program. PAL outlined its plans to the Bangko Sentral ng Pilipinas (B...
US carriers need a better pricing model that can cope with the fluctuations in the price of fuel, says equities analyst Jamie Baker of JP Morgan. In a note he said: "We can think of few consumer produ...
American Airlines parent AMR Corp. is scheduled to report its first-quarter earnings on Wednesday but analysts expect the company to post another loss. AMR was the only US airline to lose money last y...
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