Brussels Airlines to speed up restructuring in time for 2021
Brussels Airlines (SN, Brussels National) will accelerate its restructuring efforts under the Reboot Plus moniker, which will now be 90%… Read More »
Lufthansa issues €600mn bonds, saves €200mn in staff costs
Lufthansa (LH, Frankfurt Int’l) launched an offering of senior unsecured convertible bonds on November 10 for EUR525 million euros (USD618… Read More »
United returns to JFK, ups state loan to $7.16bn
United Airlines (UA, Chicago O’Hare) has announced its intention to return to New York JFK on February 1, 2021, with… Read More »
Interjet investor leaves, tension with Mexican gov’t deepens
Former banker Carlos Cabal Peniche has withdrawn from Interjet (4O, Toluca), together with a USD150 million investment promised in July… Read More »
Tashkent gazettes Uzbekistan Airways for privatisation
Uzbekistan Airways (HY, Tashkent Islam Karimov) is to be privatised, along with 620 state-owned companies and properties, as part of the Central… Read More »
Atlas Air, Titan secure $500mn to finance more conversions
Atlas Air Worldwide Holdings and its subsidiary Titan Aviation Holdings have secured USD500 million through two separate financing agreements, they… Read More »
Air Canada trims A220, B737 MAX orders, eyes B767 freighters
Air Canada (AC, Montréal Trudeau) has reached agreements with Airbus (AIB, Toulouse Blagnac) and Boeing (BOE, Chicago O’Hare) to adjust… Read More »
Turkish Airlines postpones $5bn financing to 2024
An agreement between Turkish Airlines (TK, Istanbul New) and Airbus to delay the delivery of new aircraft will see the… Read More »