Loews Hotels & Co Breaks Ground on Loews Arlington Hotel & Convention Center
Loews Hotels & Co, a wholly owned subsidiary of Loews Corporation (NYSE: L), has officially broken ground on the new… Read More »
China’s HNA Group admits to ¥1.1tn debt pile
HNA Group owes CNY1.1 trillion yuan (USD171 billion) to creditors, its court-appointed restructuring chief Gu Gang told a gathering of… Read More »
Sweden’s TUI fly Nordic takes first B787-9
TUI fly Nordic (6B, Stockholm Arlanda) took delivery of its first B787-9 as it plans to resume widebody operations after… Read More »
El Al fires back at gov’t, demands $100mn compensation
El Al Israel Airlines (LY, Tel Aviv Ben Gurion) has responded to the letter Israel’s Ministry of Finance sent to… Read More »
Brazil’s GOL, UK’s Bristow sign potential XA-V4 eVTOL deals
GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) has signed a non-binding Letter of Intent (LOI) with lessor Avolon to… Read More »
Brazil’s GOL finalises $225mn in debt refinancing
GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) has announced it has completed the terms and conditions of the BRL1.2… Read More »
Islamabad okays another $260mn bailout for PIA
Pakistan’s Economic Coordination Committee, which controls and finalises the country’s important economic decisions and is chaired by Prime Minister Imran… Read More »
Lufthansa to repay bailout with €2.14bn capital raise
As was widely anticipated, Lufthansa (LH, Frankfurt Int’l) has announced a capital increase that is expected to raise EUR2.14 billion… Read More »