Iceland’s PLAY raises $274mn in IPO
Icelandic budget start-up PLAY (OG, Reykjavik Keflavik) has raised ISK33.8 billion krónur (USD274 million) in fresh capital from about 4,600… Read More »
CAL to restructure ops in Trinidad & Tobago, Jamaica
The announced restructuring of Caribbean Airlines (BW, Port of Spain) will affect its operations in both Trinidad & Tobago, and… Read More »
Southwest CEO Gary Kelly To Resign in 2022
Southwest Airlines this morning announced that Chairman and Chief Executive Officer Gary Kelly will step down next year after 17… Read More »
U.S. and Europe are expected to end their 17-year-old jet dispute
The United States and Europe are expected to announce a five-year suspension of tariffs in their 17-year-old dispute over aircraft… Read More »
Spain’s World2Fly takes first A350-900
World2Fly (Spain) (WFL, Palma de Mallorca) has taken delivery of the first of its two A350-900s on dry-lease from Air… Read More »
Brazil’s Azul proposes bond issue of up to $500mn
Azul Linhas Aéreas Brasileiras (AD, Sao Paulo Viracopos) is planning to issue up to USD500 million worth of five-year to… Read More »
Garuda Indonesia early terminates B737 leases
Garuda Indonesia (GA, Jakarta Soekarno-Hatta) will return two of its B737-800s to one of its lessors before the period of… Read More »
Berlin may participate in Lufthansa capital increase
The German government is considering participating in a planned EUR3 billion euro (USD3.6 billion) capital increase at Lufthansa (LH, Frankfurt… Read More »