SpiceJet has entered into settlement agreement with lessor Wilmington Trust SP Services (Dublin) Ltd. Under the agreement, the lessor has agreed to withdraw court proceedings and de-registration proce...
The Indian government made another formal requested yesterday that state governments reduce value added tax (VAT) on aviation turbine fuel (ATF). Indian Minister of State for Civil Aviation Mahesh Sha...
So the Ryanair board has finally agreed in principle that they should take on long-haul. Ryanair is studying plans to fly between various European and US cities within the next five years and although...
It is rare these days that a positive spin can be found to put on a story coming out of India, and alas so it is again today. There have now been close to 30,000 confirmed cases of H1N1 (Swine flu) in...
On the issue of Chinese airline growth there have been a number of milestones, there is however one dreary divide that until this month had not been crossed – charging for checked baggage. China West ...
SpiceJet leaked to the market this week that it has started to pay back lessors and other creditors saying that a $10 million injection by new investor Ajay Singh has been distributed among lessors th...
Moody's and S&P have assigned Turkish Airlines' first time public corporate rating of Ba1 and BB+, respectively. Moody's states that Turkish Airlines' healthy financial profile is underpinned by its l...
The number of strikes at airlines across Europe these past ten months has been one of the worst on record, but the current Norwegian Air Shuttle strike looks to be one of the most damaging. As aircraf...
SpiceJet and the Indian courts showed that in reality if Cape Town is not passed into legislature then it is not worth anything in the event the of a dispute (as reported here in February). This then ...
As noted on this news service yesterday, Ryanair’s second eight-year Eurobond transaction priced at a spread over mid-swaps of 67 basis points, after initial guidance of MS+80bps. The final coupon of ...
On March 3, 2015, Macquarie Group finally signed an agreement to acquire a 90-aircraft operating lease portfolio from AWAS Aviation Capital. Terra Firma owns a 75% stake in AWAS with the remaining 25%...
Ryanair has launched a new benchmark eight-year Eurobond transaction. Price talk has been announced at around MS+80bps – pricing is expected later today. This latest issuance is part of Ryanair’s bro...
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