Japan’s ANA slashes S21 int’l capacity, to retire B777s
ANA – All Nippon Airways (NH, Tokyo Haneda) will suspend services on 16 international routes from late March due to… Read More »
Norwegian to exit Irish insolvency in 2Q21 – presentation
Norwegian (DY, Oslo Gardermoen) has outlined its new plan to outlive the collapse in air travel demand in a presentation… Read More »
Amid financial misery, Boeing defers B777X EIS to 2023
Boeing (BOE, Chicago O’Hare) has confirmed it has pushed back its inaugural B777-9 deliveries to late 2023 due to “an… Read More »
Hawaiian Airlines backs $800mn bonds with loyalty scheme
Hawaiian Airlines (HA, Honolulu) is planning to issue USD800 million in five-year bonds via two newly formed wholly-owned special purpose… Read More »
Philippines’ Cebu Pacific plans $250mn share issue
Cebu Pacific Air (5J, Manila Ninoy Aquino Int’l) parent Cebu Air Inc. will stage a USD250 million share offering on… Read More »
Cathay Pacific proposes $774mn bond amid ongoing cash burn
Cathay Pacific (CX, Hong Kong Int’l) plans to issue convertible bonds denominated in Hong Kong dollars with a maturity of… Read More »
Gov’t relief for Canada’s northern air carriers
Canadian air carriers serving remote First Nation communities in Northern Ontario are to receive up to CAD11.1 million Canadian dollars… Read More »
Sky Bahamas CEO refutes Saab engine “swindling” claims
In his continuing efforts to deny allegations he was involved in a USD30 million fraud, Randy Butler, former chief executive… Read More »