LATAM Group began the final phase of its reorganisation under Chapter 11 in the United States on September 6. By filing an essential fact with the Financial Market Commission (CMF) in Chile, the Group...
Mitsubishi UFJ Financial Group (MUFG) has closed a senior secured revolving credit facility for Allegiant Travel Company. The bank acted as arranger and bookrunner.The facility will provide Allegiant ...
Air Canada has agreed to repurchase US$174.3 million aggregate principal amount of its outstanding 4.000% convertible senior notes due 2025 for US$209 million (C$274 million), including accrued intere...
El Al Israel Airlines is reported to be planning to repay a $45 million loan from the government during the COVID-19 pandemic by the end of the year. The new deal reached between the airline and Finan...
SAS confirmed that the US Bankruptcy Court for the Southern District of New York has approved SAS’ debtor-in-possession (DIP) financing credit agreement for $700 million with funds managed by Apollo G...
Rakesh Gangwal, the co-founder of IndiGo, has sold almost 2.75% of his shares amounting to INR 2,005 crore. Details of the buyers were not provided by the National Stock Exchange; however, shares of I...
Apollo and GOL Linhas Aéreas Inteligentes (GOL) has completed a sale and leaseback transaction, involving one new Boeing 737 MAX 8 aircraft, between GOL and certain funds managed by Apollo and service...
Airlines are feeling the increased pressure of the elevated oil price as the crack spread – the difference between the basic Brent oil price and the jet oil price – reached 50% last week. IATA’s Willi...
Ashland Place Finance, the commercial aviation financing platform, has completed a new financing facility involving three 737-800s for Royal Aero and Aquila Air Capital. The aircraft are currently on ...
Aviation Capital Group (ACG) has entered into a $425 million senior unsecured term loan with a syndicate of lenders and Mizuho Bank, as administrative agent. The term loan matures in July 2025 and inc...
Credit Agricole-CIB acted as sole arranger and lender for the US Exim-Bank financing of one Boeing B777-300ER aircraft operated by KLM. The deal closed in July 2022. This was the first US Exim-Bank fi...
Allegiant has repaid the $24.8 million dollar emergency relief loan the company received under the Coronavirus Aid, Relief and Economic Security (CARES) Act in April 2020. The CARES Act, signed into l...
We're Social