Shares in SAS traded 11% higher yesterday on continued speculation over the possible sale of the Scandinavian airline. Yesterday morning the Norwegian Minister of Trade and Industry, Trond Giske, was ...
AeroTurbine, a subsidiary of AerCap Holdings, has signed an amendment to its credit facility, which increases the total commitments available from $328 million to $425 million and allows for additiona...
The board of Kingfisher Airlines has alloted preferential shares to a consortium of lenders as part of its debt restructuring programme. The airline has allotted a total of 139.81 crore compulsoril...
Fuel logistics company World Fuel Services has completed ita acquisition of Hiller Group and certain affiliates. Hiller, with annual volume of more than 120 million gallons, is a supplier of aviatio...
Shares in SAS rose to the highest price in eight weeks after a Danish newspaper reported that Air France-KLM Group, Deutsche Lufthansa and British Airways would be ready to enter a bidding war over...
The Obama administration has praised the new deal to limit export subsidies on aircraft, echoing its French counterparts. Even though the authorities realise that the deal will make financing aircra...
French ministers have commented that they were happy with the deal on export credit for airlines. "The new agreement allows financial support conditions for all civil aircraft to be unified," said C...
Boeing has completed its purchase of Summit Aeronautics Group. The company manufactures parts for Boeing’s Everett-built 747, 767 and 787 wide-body aircraft and its military offerings. Summit will...
Aer Lingus yesterday made the move to pay its employee share ownership trust (Esot) €25.3 million to clear its debt, which was held by Anglo Irish Bank. These borrowings relate to stock bought at t...
AerCap has the lowest Price to Earnings to Growth (PEG) ratio in the aerospace and defense industry. PEG assesses the tradeoff between the price of a stock and expected growth, which means the lowe...
The new export credit rules agreed this week, to be confirmed by January 20, will make financing more expensive using export guarantees because the premiums will be raised from February 1. Minimum ...
China Southern Airlines plans to boost the registered capital of Xiamen Airlines to three billion yuan from 1.2 billion yuan jointly with Xiamen C and D Corporation and Hebei Aviation Investment Gro...
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