ILFC pays of $2bn of debt mountain
AIG has also announced this week that ILFC has repaid a $2 billion revolving line of credit that was fully drawn in September 2008. The lessor has since generated $12.5 billion in liquidity through de...
AIG has also announced this week that ILFC has repaid a $2 billion revolving line of credit that was fully drawn in September 2008. The lessor has since generated $12.5 billion in liquidity through de...
AerSale has announced its acquisition of a fleet of 19 Boeing 747-400 series passenger aircraft powered by CF6-80C2B1F engines from Japan Air Lines (JAL). "This purchase covers the remaining 747-400 p...
Dublin-based lessor, AWAS, has delivered a 767-300ER to Russian charter airline Nordwind Airlines. The aircraft will operate out of Russia on long-haul routes to Europe, Turkey, Egypt and the Far East...
Trai Thien, a private Vietnamese cargo airline, is reported to be in financial difficulty by local media. The airline is reported to have not paid salaries to its staff for the past five months and fi...
The Ministry of Finance and the State Administration of Taxation for Taiwan has declared Taiwanese airlines engaged in flights across the Taiwan Strait exempt from business tax and corporate income ta...
Hainan Airlines and private equity firm Tianjin Yanshan Investment Management intend to launch China’s first private equity fund that invests in the aircraft leasing industry. Hainan Airlines will inv...
The Bahamian Civil Aviation Authority has warned Bahamians to take heed of the safety risks when flying with unauthorised charter operators following the crash of an Acklins Blue aircraft on Tuesday. ...
The US Transportation Department has indicated that it will approve antitrust immunity to US-Japanese alliances. The airlines being granted immunity are American Airlines and Japan Airlines, which are...
Delta Air Lines is undertaking more maintenance work for other carriers and is expanding its cargo business. This drive is all part of its goal to reach $1 billion in revenue from aircraft repairs, an...
Delta, American, Southwest, Air France-KLM and British Airways are among a group of airline that have joined in a protest against export credit subsidies for non-home countries that buy Boeing and Air...
UBS analysts have cut profit prediction for Westjet’s for 2010-2012 by 16% due to the airline’s “significant” expansion plans that could impact load factor expansion. However, the brokerage’s forecast...
Work on the expansion of Prince Muhammad bin Abdulaziz International Airport in Madinah, Sauid Arabia, is expected to start early next year. Financing for the multi-billion dollar site is being fought...
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