The Asian Development Bank (ADB) and the Government of Papua New Guinea (PNG) today signed two loans to fund air services in PNG. The two loans amounting to almost $163 million were signed for the new...
In a much-needed relief for Hong Kong Airlines, the Hong Kong High Court has approved the airline’s $6.3bn debt restructuring plan. This will boost the airline’s survival chances following a tough yea...
Arthur J. Gallagher has acquired Aviation Insurance Australia for an undisclosed amount. Aviation Insurance Australia is a retail insurance broker serving aviation and aerospace clients throughout Au...
GMR Hyderabad International Airport Limited (GHIAL), a subsidiary of GMR airports, India has raised funds through the issuance of 10-year listed, rated, redeemable, secured non-convertible debentures ...
US-based Air Lease Corporation has closed a US $400 million unsecured term loan with final maturity set for 2027. The loan is to be used for "general corporate purposes", the lessor said in a statemen...
Dubai Aerospace Enterprise (DAE) Board of Directors and Shareholders have authorised an additional $300 million for bond repurchases to be conducted through open market transactions. To date, DAE has ...
A new secured deal from Airborne Capital has closed, earning the moniker of being only the third aviation asset-backed securitisation transaction to successfully close in 2022. The $303.7 million Mara...
MUFG has closed a senior secured $44 million, nine-year term loan facility for aircraft lessor Avation. The facility will go towards refinancing two of Avation’s leased Airbus A220-300 aircraft. June ...
Flag carrier Finnair said on December 12 that it has agreed with other parties to extend to 2025 the maturity on a €600 million pension premium loan. The deal was needed for the airline "to maintain i...
Golden Falcon, a special purpose acquisition company, said it would merge with MNG Airlines in a US $676 million deal that will see the logistics and e-commerce carrier get a public listing on the New...
Zephyrus Aviation Capital and volofin Capital Management said on December 7 they had successfully closed financing for two A320 aircraft operated by Wizz Air and Volaris. volofin acted as sole structu...
In what it said was part of its quest to end a worldwide shortage of pilots, Zurich-based VRM Switzerland has rebranded itself as Loft Dynamics and raised US$20 million in the process. The company, wh...
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