Vietnam Airlines finalising $518mn capital injection
Vietnam Airlines (VN, Hanoi) Vietnam Airlines (VN, Hanoi) is finalising procedures on a VND4 trillion dong (USD173 million) government loan… Read More »
Aeroméxico secures $1bn DIP loan from investment firm
Aeroméxico (AM, México City Int’l) has secured USD1 billion in Debtor-In-Possession (DIP) financing – a form of funding for companies… Read More »
Avianca Holdings seeks $1.2bn in fresh DIP financing
Avianca Holdings has outlined its proposed debtor-in-possession (DIP) financing, wherein it aims to raise around USD1.2 billion in fresh capital… Read More »
Auditors refuse to sign off on Thai Airways’ report
Trading in Thai Airways International (TG, Bangkok Suvarnabhumi) shares on the Stock Exchange of Thailand (SET) was suspended between August… Read More »
Second businessman enters race to buy El Al
Real estate tycoon Meir Gurvitz has filed a request with the secretariat of El Al Israel Airlines (LY, Tel Aviv… Read More »
American Airlines eyes second-tier network cuts in 4Q20
American Airlines (AA, Dallas/Fort Worth) is pondering suspending routes to as many as 30 second- and third-tier cities in the… Read More »
Boeing to offer second layoff plan, CEO Calhoun sees smaller market ahead
Boeing said on Monday it would offer employees a voluntary layoff package with pay and benefits for the second time… Read More »
Nashville Airport Launches Touchless Biometric ID Tech at Security
Last week, on August 12, Nashville International Airport became the first in Tennessee and thirty-fifth in the nation to debut ‘Clear’ biometric identity scanners,… Read More »