Avolon upsizes TLB
Avolon has successfully priced a $675 million Term Loan B facility (TLB). The facility, which has a maturity date of December 2027, has been priced at LIBOR plus 2.50% with a LIBOR floor of 0.75%, and...
Avolon has successfully priced a $675 million Term Loan B facility (TLB). The facility, which has a maturity date of December 2027, has been priced at LIBOR plus 2.50% with a LIBOR floor of 0.75%, and...
Jetcraft Commercial, the commercial aircraft division of global aircraft trading firm Jetcraft, has been retained to exclusively market the sub-lease of 11 Dash 8-400 NextGen aircraft from airBaltic. ...
More than 40 British MPs have written a letter to Tui to demand the company change its stance and put hundreds of employees with seasonal contracts, but which remain on the company payroll. The letter...
The International Air Transport Association (IATA) has announced that it is in the final development phase of the IATA Travel Pass, a digital health pass that will support the safe reopening of border...
Boeing has requested a federal court in Illinois to dismiss all or part of the $1bn US action brought by Norwegian for damages incurred due to the grounding of the 737 MAX. The troubled Norwegian airl...
Avolon has successfully priced a $675 million Term Loan B facility (TLB). The facility, which has a maturity date of December 2027, has been priced at LIBOR plus 2.50% with a LIBOR floor of 0.75%, and...
Ryanair will extend the waiving of its flight change fee for all bookings in December 2020 and January 2021, which will allow passengers to ability to move their flight with no change fee up to Septem...
SWISS, Brussels Airlines and Lufthansa Cargo have all welcomed new chief executive officers. Dieter Vranckx has been appointed as the new CEO of SWISS; Peter Gerber as the new CEO of Brussels Airlines...
MTU Aero Engines, in an initial outlook for 2021, stated that it expects the clearest recovery from the effects of the coronavirus crisis to be in the commercial maintenance business. Adding that it a...
British Airways (BA) has priced two tranches of enhanced equipment trust certificates (EETCs): $764 million class A notes, rated A by S&P and A- by Fitch, via British Airways Pass Through Trust 2020-1...
Bosnian air carrier FlyBosnia is reported by local media to be taking leasing a 26-year-old A320, previously flown by United Airlines, in order to resume flights. The aircraft is understood to be due ...
Jet2’s parent company, Jet2 plc (previously Dart Group), has reported an group operating loss of £111.2m for the six months to the end of September 2020, compared to an operating profit of £361.5m a ...
We're Social