EL AL monetises its loyalty arm
El Al has closed a transaction to monetise its loyalty club. The Israeli airline has sold its Matmid Frequent Flyers Club to a wholly-owned subsidiary and has provided The Phoenix Group with an option...
El Al has closed a transaction to monetise its loyalty club. The Israeli airline has sold its Matmid Frequent Flyers Club to a wholly-owned subsidiary and has provided The Phoenix Group with an option...
Airspace Link, a provider of drone safety software and data solutions, has completed a $23million Series B capital raise led by Avanta Ventures with new investment from Morningside, Caprock, and follo...
Korean Air has decided to purchase a 54.9% stake in Jin Air from its parent Hanjin KAL for KRW604.8bn (KRW21,100 per share). Korean Air announced in its public disclosure that the purchase is intended...
Capital A Berhad confirmed that all of its resolutions presented to shareholders were passed held its Fifth Annual General Meeting (AGM). Capital A received a clean audit report by Auditors Ernst & Yo...
Indonesian national flag carrier Garuda Indonesia has confirmed that it has reached an agreement with its creditors on Friday June 17 – narrowly missing the need to file for bankruptcy. Garuda obtaine...
Ashland Place Finance, a commercial aviation financing platform, and Aviator Capital Management, an alternative asset manager and commercial aircraft leasing company, have announced the successful fin...
Taiwan's StarLux Airlines has commented to local media that the airline is planning to raise more funds later this year to boost its working capital. StarLux spokesman Nieh Kuo-wei told CNA that the a...
Grupo Aeroméxico is calling for General Extraordinary Shareholders Meeting on June 27, to discuss the cancellation of the registration of the shares representing its capital stock before the National ...
After carrying out an exhaustive search process for the best available conditions for its financing to exit the Chapter 11 process, LATAM has signed debt commitment letters with various financial enti...
Carlyle Aviation Management has priced its latest aviation asset-backed securitisation transaction under the AASET (Apollo Aviation Securitization Equity Trust) moniker with a single-tranche $522.4 mi...
Air France–KLM has successfully completed its share capital increase with preferential subscription rights. Following the subscription period, which ended on June 9 2022, the total demand amounted to ...
Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, recently completed a nearly RMB10 million (USD1.48 million) seed round with BlueRun Ventures China (BRV China) as th...
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