Aeromexico files for Chapter 11
Aeromexico became the latest Latin American airline, following Avianca and LATAM, to file for Chapter 11 bankruptcy in the US. The airline plans to keep flying during the bankruptcy process in an SEC ...
Aeromexico became the latest Latin American airline, following Avianca and LATAM, to file for Chapter 11 bankruptcy in the US. The airline plans to keep flying during the bankruptcy process in an SEC ...
American Airlines has closed the debt portion of its “liquidity grab”, the $2.5 billion of senior secured notes were priced at 11.75%. The airlines used roughly $1 billion of the proceeds to refinance...
Delta Cargo has appointed Gonzalo Hernandez as general manager of cargo sales Asia Pacific. He starts his new role July 1 and in he will manage the cargo sales functions for Japan, Korea and throughou...
Embraer announces the signing of a contract for a capital investment in Tempest Security Intelligence, resulting in a majority interest in the company. The largest cybersecurity company in Brazil, Tem...
Air Canada said today that it is indefinitely suspending service on 30 domestic regional routes and closing eight stations at regional airports in Canada. These structural changes to Air Canada's dome...
Aeromexico became the latest North American airline to release liquidity from its loyalty programme after announcing that Canadian investment firm, Aimia, had increased the amount it would inject into...
Falko Regional Aircraft, an operating leasing and asset management company focused on the regional aircraft sector, today announced that it will add eleven Bombardier CRJ900 aircraft to its portfolio ...
United Airlines has increased the size of its previously announced note issuance backed by the carrier’s loyalty card programme to $6.8 billion from $5 billion. The private offering by Mileage Plus Ho...
Griffin Global Asset Management (Griffin), which sealed a long-term strategic partnership with Bain Capital Credit to create an aviation leasing and asset management platform in January 2020, has made...
Aviation Capital Group has closed a $600 million unsecured revolving line of credit with its 100% owner Tokyo Century Corporation. The facility has an initial term of 3 years and will automatically e...
Fitch Ratings has assigned BB-/RR4 ratings to a series of special facility revenue bonds to be issued by the city of Houston and guaranteed by United Airlines Holdings. The city intends to issue three...
Moves by American Airlines to raise cash via a “trifecta” of equity, convertible bonds and debt raises is a “liquidity grab” by the carrier to tap markets while there is still appetite by investors fo...
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