Air Transat receives government funds
The Canadian government has provided Transat with up to Can$700 million (US$570 million) in loans. "With this support, we now look forward to resuming operations as soon as safe travel is possible and...
The Canadian government has provided Transat with up to Can$700 million (US$570 million) in loans. "With this support, we now look forward to resuming operations as soon as safe travel is possible and...
MTU Aero Engines’ first quarter 2021 revenue was €989 million, compared with €1,273 million in the first quarter of 2020. The operating profit decreased from €182 million to €86 million. The adjusted ...
Airbus has reported improved financial results for its first quarter (Q1) ended 31 March 2021. Consolidated revenueswere broadly stable year-on-year at €10.5bn compared to €10.6bn in Q1 2020. “The goo...
ABL Aviation has successfully completed another e-delivery of a new Airbus A320neo aircraft for Pegasus Airlines, on behalf of its Japanese partner. The transaction follows the industry’s first ever 1...
Fitch Ratings has assigned an expected rating of 'A-(EXP)' to BOC Aviation (USA) Corporation's (BOCA USA) proposed senior notes to be guaranteed by BOC Aviation Limited (A-/Stable), and to be issued u...
Cebu Air has raised $250 million from a private offering of convertible bonds. The airline signed an agreement with International Finance Corp., the IFC Emerging Asia Fund and Indigo Philippines, an a...
Air Nostrum has submitted a request for aid from the Solvency Support Fund for Strategic Companies (Fasee) to help the airline overcome declining revenue after the sharp drop in passenger traffic caus...
Air France-KLM has completed its upsized €1.036bn capital increase after the increase option was exercised in full. “The success of our capital increase and the renewed support of our main shareholder...
Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline's path to recovery. "We've seen some clea...
Volaris has announced additional liquidity preservation measures, under its "liquidity preservation plan". During the first quarter, Volaris targeted an additional working capital relief of US$100mill...
At the end of March 2021, Allegiant secured a $50.2million revolving credit facility (RCF) secured against A320 family aircraft with Credit Agricole CIB. The facility will support Allegiant’s acquisit...
Aircraft remarketing specialists Airstream International Group has arranged the sale of a Bombardier DHC-8-311 aircraft on behalf of a US Investor. The aircraft, serial number 554, was sold to Binder ...
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