Southwest closes a $1bn unsecured revolver
Southwest Airlines confirmed on April 2 that it has closed a $1bn revolving credit facility and has terminated the revolving credit facility dated April 28, 2011, which would have expired April 28, 20...
Southwest Airlines confirmed on April 2 that it has closed a $1bn revolving credit facility and has terminated the revolving credit facility dated April 28, 2011, which would have expired April 28, 20...
There was a story in the petro chemical industry earlier this year that we here noticed but only mentioned in passing in the depths of the daily news, now though it is worth drawing attention once aga...
The US Department of Transportation’s Federal Aviation Administration (FAA) has proposed a $4 million civil penalty against United Parcel Service (UPS) for allegedly maintaining four cargo aircraft im...
BOC Aviation has priced $350 million of notes with a coupon of 4.375%. The yield on the notes represents a spread of 2.70% a year over 10-year US Treasuries. The notes were rated BBB- by Standard & Po...
Etihad Airways has taken delivery of its first aircraft to be financed by a local UAE bank since 2008. Abu Dhabi-based First Gulf Bank has provided the finance for two Boeing 777-300ER aircraft, to be...
European airlines are vociferously objecting to a deal signed between the US and UAE authorities for a US customs outpost to be created at Abu Dhabi. The facility would allow travellers to clear US cu...
International Lease Finance Corporation (ILFC) has partially prepayment and amendment of its secured term loan entered into on February 23, 2012. This prepayment reduces the outstanding principal amou...
Lagardere raised €2.3 billion from the sale of its 7.4% holding in EADS, the parent company of Airbus. BofA Merrill Lynch, Société Générale and Credit Agricole-CIB were bookrunner on the stake sale, w...
First Israel Mezzanine Investors Fund (FIMI) has bought a 47% stake in El Al Israel Airlines for $75 million. FIMI will form a control group with Knafaim Holdings Ltd. FIMI will initially invest $50 m...
On April 16, the European parliament voted to approve the 'stop the clock' proposal for aviation that would effectively halt compliance for non-EU airlines with the Emissions Trading Scheme but only f...
American Airlines has requested the bankruptcy court’s permission to sell $215 million worth of debt related to two packages of improvements to the company's leased Maintenance & Engineering Center at...
On March 26, 2013, BNP Paribas closed the refinancing of one Boeing 737-900 vintage 2001, MSN 29602 for KLM Royal Dutch Airlines (KLM) as Lease Arranger for Japanese Operating Lease with Call Option (...
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