Fosun acquires a 5% stake in Thomas Cook
On March 6, Thomas Cook Group announced that Fosun International, a Chinese investment group, bought a 5% stake in the company by investing £91.8 million for the issue of 73,135,777 new Thomas Cook or...
On March 6, Thomas Cook Group announced that Fosun International, a Chinese investment group, bought a 5% stake in the company by investing £91.8 million for the issue of 73,135,777 new Thomas Cook or...
Macquarie Group has started a $500 million capital raising to help fund the acquisition of the AWAS portfolio announced on March 3. Macquarie is seeking to sell shares to institutions at $71.30 to $73...
Tim Clark, president of Emirates Airline, has indicated that the airline is considering an order for around 50 to 70 A350s or 787s, even though Emirates canceled its A350 order last year. Clark said a...
It has been reported that Afriqiyah Airways is considering wet leasing out one of its two new A330-300s currently in storage in Spain. The airline is hesitant to import the two aircraft into the count...
The Kuwaiti government is reported to have refused to cover the KD145 million ($490 million) in losses incurred by state-owned airline Kuwait Airways during the past two years. Finance Minister Anas K...
In an interview with Troy Lambeth, chief executive of Sanad Aero Solutions (Sanad), Mubadala’s spare engine and component leasing and financing company, stated that the company expects to increase its...
The National Bank of Abu Dhabi (NBAD) and Boeing have extended an agreement to develop aircraft financing and leasing opportunities in the Middle East market together over the past three years. The no...
MTU Aero Engines will propose to the Annual General Meeting that the dividend be increased to €1.45 per share in light of record annual results. This represents an increase of 10 euro cents or 7.4% co...
Ryanair has previously announced an intention to return capital to shareholders by way of a combination of share buybacks and dividends. Yesterday the low-cost airline purchased for cancellation a tot...
Bombardier successfully priced its offering of US$2.25 billion aggregate principal amount of new Senior Notes on February 27. The issuance is comprised of US$750 million aggregate principal amount of ...
GA Telesis has closed on a new syndicated $150 million credit facility. Led by HSBC Bank USA, the deal includes an increased commitment from four global and regional banks involved in the company’s pr...
Garuda Indonesia, the national airline of Indonesia, has signed a US$ 400-million bridge financing facility agreement with two financial institutions, the National Bank of Abu Dhabi and Dubai Islamic ...
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