Air France-KLM's third quarter profit fell €122 million to €824 million, citing higher cost challenges as well as the Paris Olympic Games impacting Air France. “Persistent cost challenges spiked highe...
Wizz Air's net profit for the first half of the fiscal year 2025 dropped 21% to €315.2 million, when compared to the same period last year. The drop comes as GTF engine-related aircraft groundings hav...
Brazil's GOL Linhas Aereas Inteligentes and Abra Group - GOL's largest secured creditor and majority investor of GOL - signed a debt-to-equity deal to support GOL's Chapter 11 exit. The airline had co...
Singapore-based SIA Engineering Company (SIAEC) posted a net profit of S$68.8 million ($52.2 million) in the first half of the fiscal year, up 16% from the same period last year. For the second quarte...
German electric vertical take-off and landing (eVTOL) manufacturer Lilium will file for insolvency, it said on a SEC filing November 4, 2024. The company said in the form it had failed to “raise suffi...
Widebody freighter aircraft leasing, air transport operations, and support services provider Air Transport Services Group (ATSG) has entered into a definitive agreement to be acquired by Stonepeak in ...
Aviation Capital Group (ACG) has closed its inaugural sustainability-linked loan. The $550 million senior unsecured term loan matures in October 2027 and was entered into with a syndicate of lenders. ...
Crédit Agricole Corporate and Investment Bank ( CA-CIB) and MUFG Bank (MUFG), together as joint mandated lead arrangers, have closed a 7.5-year, $255 million, nine aircraft portfolio financing with Mi...
Stratos has executed three separate transactions involving the sale of four aircraft. These include two A320 aircraft to Avion Express, one 737 freighter to a Middle Eastern buyer and one leased 777-3...
Riyadh Air has closed its inaugural self-arranged Islamic revolving credit facility amounting to SAR 3.0 billion ($798.6 million). The facility also includes a committed accordion option for an additi...
Airbus has reported a 5% increase in consolidated revenues to €44.5bn for the nine months to end September 2024. Consolidated net income was €1.808bn, compared to €2.29bn in the prior-year period. Con...
KfW IPEX-Bank has contributed to a recently closed €170 million financing facility to support equipment for Swissport.ABL Aviation had originally financed the €170 million worth of ground support equi...
We're Social