Emirates signs $750mn revenue-backed loan
Emirates (EK, Dubai Int’l) has signed a USD750 million five-year dual-tranche financing facility with Emirates NBD, a Dubai government-owned bank… Read More »
FAA proposes issuing operator license to Relativity Space
The Federal Aviation Administration (FAA) said on Wednesday it was proposing to issue a vehicle operator license to venture-backed startup… Read More »
India’s Jet Airways volte-faces on B777 plans
Contrary to earlier indications that it would abandon the type, Jet Airways (JAI, Mumbai Int’l) is now contemplating reactivating some… Read More »
Air Seychelles goes into administration
Air Seychelles (HM, Mahé) has announced it is being restructured within the confines of the Indian Ocean archipelago’s bankruptcy protection… Read More »
Alibaba’s Cainiao buys 15% stake in Air China Cargo
Cainiao, the cash-rich parcel tracking platform of Alibaba Group, has acquired a 15% stake in Air China Cargo (CA, Beijing… 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 »
Virgin Australia rules out reactivating B777s
Virgin Australia International (VA, Brisbane Int’l) has no plans to reactivate the last two B777-300(ER)s still owned by VB LeaseCo,… Read More »
Air France takes delivery of first A220-300
Air France (AF, Paris CDG) took delivery of the first of its sixty A220-300s on September 28, 2021, after F-HZUA… Read More »