After strengthening its balance sheet and raising cash from a rights issue of €570 million (US$ 520 million) in November 2023, Finnair is closer to reaching its target of ‘reinstating shareholder dist...
Jetcraft Commercial, the commercial aircraft division of global aviation trading firm Jetcraft, has closed the deal on a new credit facility to support what the company describes as a ‘strategic growt...
Madagascar Airlines will receive World Bank funding for its ‘Phénix 2030’ plan, aimed at improving its finances and revitalising the national carrier’s operations. Announced following a meeting betwee...
Integrated aftermarket services and products provider AerSale announced that certain shareholders, affiliates of Leonard Green & Partners, intend to offer four million shares of common stock. The shar...
Amid increased flight capacity and geopolitical risks, the Singapore jet fuel futures market picked up throughout 2023 as airlines boosted hedging fuel costs. However, expert analysis by Platts (part ...
SpiceJet’s Board of Directors has approved the raising of fresh capital of over INR 2,250 Crore (approximately $270 million) through the issue of equity shares and warrants. In a unanimous decision, t...
American multinational investment bank TD Cowen has published its 2024 travel outlook, highlighting that although airlines’ strong year-end performance (helped by a strong Thanksgiving) will likely co...
Ashland Place Finance (Ashland Place) has priced its inaugural aviation loan asset backed securitisation (ABS), APL Finance 2023-1, which offered four tranches of notes secured by a static pool of avi...
Azorra has closed a US$300 million term financing facility for 14 of 16 aircraft the lessor is acquiring from Voyager Aviation Holdings (VAH). The financing was underwritten in July 2023 by BNP Par...
The heightened interest rate environment has increased the cost of debt for everyone but this has particularly hit hard those companies without the cushion of an investment grade rating. Banks are com...
Ashland Place is in the market with its inaugural asset backed securitisation (ABS), which comprises four tranches of aviation loans. The offering comprises $238.2 million A notes, rated AA by KBRA, w...
Shannon Engine Support (SES) concluded an $875 million engine portfolio financing in a club-deal of eight banks on November 20, 2023. This landmark transaction, which is the largest aircraft engine po...
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