Corruption and mismanagement at SAA under the spotlight
A total of 84 South African Airways (SA, Johannesburg O.R. Tambo) contracts and 44 of its aircraft leases involving millions… Read More »
IAG boosts liquidity amid “uncertainty” with €825mn bond
IAG International Airlines Group will raise EUR825 million euros (USD1 billion) from a senior unsecured bond, convertible into shares, a… Read More »
London City welcomes return of SWISS flights to Zurich
London City Airport has welcomed the restoration of connections to Zurich (ZRH), with SWISS which resumed flying to Switzerland’s largest… Read More »
BMW shares have gained 17% year to date, stealing the buzz from Tesla
The German luxury carmaker is not in the habit of making big statements or trumpeting its achievements too loudly. Its… Read More »
Mexico’s Interjet seeks $1.25bn debt restructuring
Interjet (AIJ, Toluca) has hired a Mexico City-based restructuring firm, Argoss Partners, to help it tackle a $1.25 billion debt… Read More »
Lufthansa shareholders approve $6.6bn capital raise
Lufthansa Group secured the approval of its shareholders to raise up to EUR5.5 billion euros (USD6.6 billion) in additional liquidity… Read More »
ABL Aviation secures JOLCO financing of two A350s for Luthansa
ABL Aviation, the global independent aircraft investment management firm, has closed another Japanese operating lease with call option (JOLCO) arranging… Read More »
Mexico’s VivaAerobus obtains $150mn loan from US investor
VivaAerobus (VB, Monterrey General Mariano Escobedo) has announced that “as part of its growth and expansion plans” it has signed… Read More »