The United States Chapter 11 court has approved all “First Day” motions for Philippine Airlines’ (PAL) voluntary restructuring following petitions filed on September 3, 2021. These approvals are an im...
LATAM Airlines Group has released its five-year business plan that includes details of its exit financing process. LATAM states that it has received several offers to date from its most significant cl...
easyJet has announced its anticipated rights issue today but in a less expected announcement the UK low-cost carrier has disclosed that it was recently the target of an unsolicited preliminary takeove...
Griffin Global Asset Management – the aircraft leasing company founded by CEO Ryan McKenna and backed by Bain Capital Credit – has announced a direct order with Boeing for five new 737 MAX 8 aircraft....
Latvian airline airBaltic has been approved to receive an investment of €90 million into the equity of airBaltic by its majority shareholder the Cabinet of Ministers of the Republic of Latvia. The new...
BBAM Limited Partnership (BBAM) and Elbe Flugzeugwerke (EFW), a joint venture of ST Engineering and Airbus, have inked an agreement for Airbus A320/A321 Passenger-to-Freighter (P2F) orders including o...
Yesterday Air Lease Corporation (ALC) priced its latest jumbo medium-term note (MTN) issuance with a record low rate for the seven-year tranche and its second lowest rate for the three-year paper. ALC...
On August 10, Avianca’s Board of Directors approved the filing of the company’s reorganisation plan with the US Bankruptcy Court for the Southern District of New York. The plan outlines Avianca’s prop...
SkyWest has ordered 16 new E175 jets for operation in the Delta Air Lines network, adding to the 71 E175 jets SkyWest already operates for Delta. The E175 aircraft will fly exclusively with Delta unde...
Qatar Airways issued a statement yesterday noted that it had grounded its A350 fleet over issues relating to the accelerated degradation of paint on the aircraft’s fuselage. Qatar Airways has a fleet ...
Last night the UK Government announced that arrivals into the UK from France will no longer need to quarantine if they are fully vaccinated, and has removed a number of countries from the red list – U...
The International Air Transport Association (IATA) has confirmed what the industry has known for some time that 2020 was the worst year for the industry on record. IATA World Air Transport Statistics ...
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