US Government to Provide $482 Million in Aid to Aviation Manufacturers
United States President Joe Biden and his administration announced a fund consisting of $482 million available to aviation manufacturers that… Read More »
EC greenlights ITA, absolves it of illegal Alitalia aid
Concluding its investigation into two Italian state loans to Alitalia (AZ, Rome Fiumicino) in 2017 totalling EUR900 million euros (USD1.06… Read More »
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 »
Wizz Air in talks about 100+ A320neo order
Wizz Air Holdings has been in talks with Airbus about a new order for at least 100 A320neo Family jets… Read More »
South Africa’s Comair reports $19mn capital inflow
Comair (South Africa) (MN, Johannesburg O.R. Tambo) has received a capital injection of ZAR270 million rand (USD19 million) through the… Read More »
Israel dangles $50mn more aid before El Al
Israel’s Ministry of Finance has told El Al Israel Airlines (LY, Tel Aviv Ben Gurion) that it can provide a… Read More »
US bankruptcy court greenlights PAL’s loan financing
Philippine Airlines (PR, Manila Ninoy Aquino Int’l) has announced it has won US court approval to access financing for its… Read More »
Mammoth Freighters launches B777 conversion programmes
Mammoth Freighters, a company backed by Fortress Investment Group, has officially launched conversion programmes for the B777-200(LR) and the B777-300(ER)… Read More »