LATAM garners over $5bn in bankruptcy exit financing offers
LATAM Airlines Group – and certain of its debtor-affiliates in Brazil, Chile, Colombia, Ecuador, the United States, and Peru –… Read More »
Japan Airlines to raise ¥300bn to bolster balance sheet
JAL – Japan Airlines (JL, Tokyo Haneda) parent JAL Group plans to raise around JPY300 billion yen (USD2.73 billion) via… Read More »
Owner of Mexico’s Interjet arrested on fraud charges
Alejandro del Valle, the main shareholder of troubled carrier Interjet (AIJ, Toluca), was detained at the Club de Industriales, an… Read More »
Avianca Holdings warns stock may be made worthless
Avianca Holdings’ share price halved in the space of a week from September 1, the date when the Panamanian holding… Read More »
Defunct Air Namibia owes N$3.5bn to creditors
The liquidators of Air Namibia (SW, Windhoek Int’l) say the defunct state-owned airline’s liabilities total NAD3.5 billion Namibian dollars (USD247.3… Read More »
Jet Airways relaunch in jeopardy; B777 sold for $9mn
The attempt to rescue and relaunch Jet Airways (JAI, Mumbai Int’l) is likely to be prolonged, or even jeopardised, as… Read More »
UK’s easyJet spurns Wizz Air offer; to raise $2bn+
easyJet (U2, London Luton) is planning to raise around GBP1.49 billion pounds (USD2.05 billion) in fresh capital after rejecting a… Read More »
Cairn accepts $1bn offer to drop cases against Air India
With the government of India reportedly sticking to September 15 as its deadline for bids to buy Air India (AI,… Read More »