Most of the creditors of Hong Kong Airlines have voted in favour of supporting the $6.3bn debt restructuring plan. Three groups of creditors vote for the restructuring proposal, while one faction has ...
Investors Clayton, Dubilier & Rice (CD&R) and Greenbriar Equity Group on Wednesday announced "definitive agreements" under which CD&R-managed funds and those managed by Greenbriar will be used to comb...
Travel business Amadeus is teaming up with Chargeback911 to help airlines deal with a recent rise in the number of payment disputes initiated by passengers. A chargeback is the formal process in which...
Easy Trip Planners have acquired a 75% stake in Nutana Aviation Capital. Nutana Aviation Capital is an aviation asset financing and leasing company based in GIFT city, Gujrat. “The company is entering...
Aircastle has entered into a new $450 million secured aircraft financing facility. BNP Paribas, Credit Agricole Corporate & Investment Bank, and MUFG Bank are joint lead arrangers and co-syndication a...
AirAsia is all set to merger with AirAsia X under a new name AirAsia Aviation. The merger is a part of Capital A’s restructuring plan after the company suffered major losses during pandemic. The new a...
Lessor Air Transport Services Group (ATSG) has "adopted a new common-share repurchase authorisation in replacement for its largely exhausted prior authorisation", meaning it could "repurchase up to an...
Air Lease Corporation (ALC) has priced a $700 million public offering of 5.85% senior unsecured medium-term notes, due December 15, 2027. The proceeds raised by the offering would be used for for gene...
Munich-based Lilium, which describes itself as "developer of the first all-electric vertical take-off and landing (“eVTOL”) jet", last week announced the "successful closing of a $119 million capital ...
Norse Atlantic Airways has closed a private placement that commenced on November 24, for the NOK equivalent of US$30 million. The successful equity raise was one and a half times oversubscribed, the a...
NAV Canada on Thursday said it was increasing by C$25 million Canadian its two-week old offer to purchase for cash a series of four tranches of debt securities. NAV's initial offer of C$100 million wa...
On November 18, 2022, Delta Air Lines amended its existing revolving credit facility dated April 19, 2018, with JPMorgan Chase (administrative agent and collateral agent). Delta has extended the matur...
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