Avianca Holdings to seek $1.8bn in post-Chapter 11 financing
Avianca Holdings, the Panama-based parent of Avianca Airlines, plans to raise USD1.8 billion either in debt or fresh equity as… Read More »
GA Telesis announces four more orders for 737-800SFs with Aeronautical Engineers, Inc.
GA Telesis, LLC (GAT) announces four additional firm orders for 737-800SF freighter conversions with Aeronautical Engineers, Inc. (AEI). The contract… Read More »
Israel’s El Al plans $105mn share issue before mid-3Q21
El Al Israel Airlines (LY, Tel Aviv Ben Gurion) plans to raise at least USD105 million in an offering of… Read More »
ASL Aviation Holdings agrees $125mn debt facility
ASL Aviation Holdings has closed an agreement making USD125 million available to the group to be drawn down as the… Read More »
Alitalia running out of time and money – reports
Alitalia (AZ, Rome Fiumicino) paid its 10,500 employees only half of their March salaries as it runs short of cash… Read More »
Source: Choice Hotels chief seeking Tribune Publishing
Choice Hotels International Chairman Stewart Bainum and billionaire Hansjorg Wyss reportedly have made a fully financed $680 million bid for… Read More »
Romania’s Tarom to downsize but renew fleet – minister
As part of its restructuring plan for Tarom (RO, Bucharest Otopeni), Romania’s government aims to reduce the size and diversity… Read More »
Haji-Ioannou further dilutes stake in easyJet
easyJet (U2, London Luton) founder Stelios Haji-Ioannou has dumped another 1% stake in the airline, worth about GBP43 million pounds… Read More »