It has now been confirmed publicly that MUFG Bank’s acquisition of DVB’s Aircraft Asset Management (AAM) and DVB Aviation Investment Management (AIM) businesses has not been completed due to “regulato...
Negotiations between Icelandic Cabin Crew Association and Icelandair have collapses and the carrier has fired all its inflight staff. Talks with pilots’ and engineers’ unions have been successful and ...
Air Serbia is in discussions with a special purpose vehicles set-up by Etihad Airways in 2015 called Etihad Airways Partners I BV and Etihad Airways Partners II BV, over the restructuring of its debt,...
Fitch Ratings has placed the outstanding class A, B and C notes of Lunar Aircraft 2020-1 Limited (Lunar) on Rating Watch Negative. The rating actions on Lunar are driven by the termination of purchase...
Bondholders in Virgin Australia, which has been in administration since April, today submitted an updated proposal to take over the company as an alternative to the approach from Bain Capital selected...
Cathay Pacific has reported that the collapse in demand for passenger travel will cause a $1.3billion H1 loss. The airline said that it had carried over 75 % fewer passengers from January to June comp...
Alaska Airlines has secured nearly $1.2 billion in a $1.73.919bn private offering of two Class A Enhanced Equipment Trust Certificates (EETC), Series 2020-1A and Series 2020-1B. The notes are secured ...
Aviation Capital Group (ACG) has closed its sale of $1 billion 5.500% senior unsecured notes due 2024. ACG intends to use the net proceeds for general corporate purposes, including repayment of outsta...
The shareholders of the Latvian airline airBaltic have approved the final decision of the Republic of Latvia to invest €250 million into the equity of airBaltic in order to overcome the economic crisi...
easyJet shareholders have voted to issue a further 19,860,406 Ordinary Shares, which follows on from the issuance of 39,681,092 shares on 29 June 2020 Commenting, easyJet Chairman, John Barton, said: ...
Scope Ratings has affirmed the issuer credit rating of Deutsche Lufthansa at BBB- and assigned an Outlook of Negative. Senior unsecured debt was affirmed at BBB- and junior subordinated debt was affir...
Air Partner, the global aviation services group, has reported expected underlying profit before tax of at least £10 million in the five months to to 30 June 2020 in its unaudited management accounts. ...
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