PT Garuda Indonesia (Persero) and Standard Chartered Bank have closed a sale and leaseback agreements for four Boeing 737-800s. The bank assisted the airline in acquiring and leasing the aircraft t...
Indonesian airline Lion Air is aiming to raise more than $1 billion in an initial public offering (IPO) in 2012. Rusdi Kirana, chief executive told Reuters, that the airline plans to use the “IPO mo...
Alcoa has announced it will acquire the Aerospace Fastener Unit from TransDigm for $240 million. The acquisition is a part of its $1.27-billion acquisition of McKechnie Aerospace Holdings late last ye...
United Aircraft Corporation (UAC) has increased its shareholding of common stocks in VASO from 10.44% up to 91.2%. The share of UAC in VASO has been increased from 16.73% up to 89.44%. The sharehold...
Neil Mills, chief executive of Indian budget carrier SpiceJet, has confirmed that the airline does not need to raise capital to fund its order of 30 Nextgen turboprop aircraft from Bombardier for a...
Fitch Ratings has downgraded Boeing from A+ to A due to the delay in its 787 and 747-8 aircraft programs. Boeing outlook is stable. Boeing's first 787 is expected to be delivered in the third quart...
Boeing has posted strong fourth quarter results that boosted its full year figures. Boeing reported fourth-quarter net income of $1.2 billion, or $1.56 per share, on revenue of $16.6 billion. The r...
Virgin shares fell by nearly 6% on the news that the airline could lose more than halve its predicted first half year profits due to the floods in Australia. Air New Zealand acquired a 14.99% stak...
IAG has established a new IR team headed by Andrew Barker, the former Easyjet IRO. Barker and his team start work following the listing of IAG on the stock markets of Madrid and London this week. T...
Nomura has given the newly-formed International Airlines Group (IAG) a positive rating on its second day of trading. The bank says it sees the company as a medium-term winner despite some near-term...
Garuda’s high guide price for its initial public offering has been raising concerns with investors, which is leading some to suggest that the airline might raise far less than the $1 billion it hop...
Privately-owned Spring Airlines is planning launch an initial public offering (IPO) on the Chinese stock market. The airline is reported to be consulting UBS Securities for details and has filed in...
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