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Turkish Airlines has expanded its financing portfolio by incorporating a new currency, aligning with its natural currency hedging policy. This move is facilitated by the airlines diversified revenue structure. The [...]

The State Bank of Vietnam (SBV) has issued a new circular on refinancing for credit institutions that provided loans to Vietnam Airlines JSC and restructuring the debt repayment term due [...]

Biman Bangladesh Airlines has settled $1.57 billion of its $2.09 billion loan as of April this year. The total payment includes both principal and interest accrued on the loan used [...]

Sacombank has assured that it will not lose the VND3.58 trillion it has lent to Bamboo Airways, citing that the loans are secured by high-value assets. The loans used to [...]

The International Monetary Fund (IMF) will hold talks with Pakistans newly elected government for disbursement of the final loan tranche under SBA, ARY News reported, citing well-placed sources. Under SBA, [...]

Vietjet Aviationthe budget carrier controlled by Vietnams first self-made female billionaire, Thi Phuong Thao Nguyensaid Tuesday it has received a $100 million funding commitment to support its fleet expansion amid [...]

(GlobeNewswire) - Paris, October 26, 2023 Air France-KLM and Apollo Global Management sign a definitive agreement for a quasi-equity financing of 1.3 billion, with a potential upsize to 1.5 billion [...]

Kenya was forced to tap Sh3.43 billion to cover the budget hole in the foreign debt service obligations created by the depreciation of the shilling against the US dollar in [...]

Air India has managed to secure a substantial loan to fuel its aggressive growth plan. The airline is busy buying and leasing aircraft, offering voluntary retirement benefits to employees, pay [...]

(GlobeNewswire) - Paris, 17 March 2023 Air France-KLM today announced the repayment of 300 million of the outstanding 600 million perpetual hybrid bonds held by the French State, reaching the [...]

DUBLIN, Ireland, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management ('Griffin') is pleased to announce the delivery of a fourth Airbus A320neo aircraft with Scandinavian Airlines ('SAS'), out [...]

(GlobeNewswire) - Icelandair has today, 7 February 2022, given formal notice of termination of the government-guaranteed credit facility that has been in place since September 2020, effective 15 days from [...]

Flag carrier Philippine Airlines (PAL) entered the year 2022 on a high note after it exited from a voluntary debt reorganization process. In a statement released late Friday, PAL announced [...]

Safaricoms #ticker:SCOM bank borrowings rose to a record Sh76.9 billion in the half-year ended September as the telco raised funds to pay for its Ethiopian licence besides investing in its [...]

UAE national carrier Etihad Airways has raised $1.2bn in the first sustainability-linked loan (SLL) tied to environmental, social and governance (ESG) targets in global aviation. The transaction is the largest [...]

Japanese budget carrier Skymark Airlines is preparing to raise 4 billion yen ($36 million) from shareholders, Nikkei has learned, as it aims to strengthen its finances and recover from the [...]

Debt-ridden Vietnam Airlines is expected to receive loans totalling D4 trillion ($174 million) from three Vietnamese banks, according to state media reports. SeABank, Vietnam Maritime Commercial Joint Stock Bank, and [...]

On June 8, 2021, Hong Kong flag carrier Cathay Pacific announced that the Hong Kong government agreed to extend a drawdown period of the HK$7.8 billion ($1 billion) loan facility [...]

(GlobeNewswire) - Willis Lease Finance Corporation (NASDAQ: WLFC) today announced it has closed its first transaction utilizing its new revolving credit lease engine financing product (the RCL). Scandinavian Airlines System [...]

COCONUT CREEK, Mar 22, 2021 (GLOBE NEWSWIRE via COMTEX) -- Willis Lease Finance Corporation (NASDAQ: WLFC) today announced it has closed its first transaction utilizing its new revolving credit lease [...]

The Asian Development Bank (ADB) has signed a US$65 million COVID-19 Liquidity Support Facility for Fijis Air Pacific, which operates as Fiji Airways and through its wholly-owned subsidiary Fiji Link, [...]

Egypt has granted EgyptAir Holding Co. a loan of 2 billion Egyptian pounds ($130 million) to help the national flag carrier ride the devastating financial impact of the coronavirus disease [...]

The firm represented United Airlines as the borrower of a $7.491 billion secured loan under the U.S. Department of Treasury's airline loan program. In March, Congress set aside $25 billion [...]

PHOENIX, Nov 16, 2020 (GLOBE NEWSWIRE via COMTEX) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan [...]

(GlobeNewswire) - Mesa Air Group, Inc.(NASDAQ:MESA) today announced that it has entered into a five-year Loan and Guarantee Agreement on October 30, 2020, with the U.S. Treasury Department which provides [...]

PHOENIX, Nov 02, 2020 (GLOBE NEWSWIRE via COMTEX) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has entered into a five-year Loan and Guarantee Agreement on October [...]

SkyWest, Inc. announced that it and its wholly-owned subsidiary SkyWest Airlines, Inc. have entered into a five-year Loan and Guarantee Agreement with the U.S. Treasury Department which provides SkyWest Airlines [...]

Colombias Avianca, which filed for bankruptcy protection in a New York court in May, has appealed an injunction preventing disbursement of a major loan needed to keep the company afloat. [...]

Earlier this week, Colombian carrier Avianca Airlines announced it would take to the skies again after five months of inactivity. The airline is currently undergoing restructuring after facing financial difficulties [...]

KLM Royal Dutch Airlines has enlisted Allen & Overy to help it obtain EUR 3.4 billion in financing to withstand the Covid-19 crisis, which continues to burden the aviation sector. [...]

Virgin Atlantic has filed for Chapter 15 bankruptcy protection in New York as the company seeks approval for a $1.5 billion recapitalization plan. On Tuesday, before the Chapter 15 filing, [...]

Thai Airways International has disclosed details of Bt85 billion ($2.7 billion) in creditor claims it received among others, citing these as one of the reasons why the company has filed [...]

On 25 June 2020, the Air France-KLM Group Board of Directors approved a financial support package backed by the Dutch State for KLM in the amount of 3.4 billion. These [...]

The holders of a majority of the creditors' voting interest of South African Airways have approved a request by three unions to extend the submission of a rescue plan for [...]

(GlobeNewswire) - Roissy, 7 May 2020 Signing of financing for a total amount of 7 billion euros enabling the Air France-KLM Group and Air France to weather the crisis and [...]

National flag carrier Garuda Indonesia has received three loan facilities from state-owned Bank Rakyat Indonesia (BRI) with a total value of US$382 million to fund the airlines working capital The [...]

(GlobeNewswire) - Roissy, 24 April 2020 The Air France-KLM Group and Air France secure funding of 7 billion to help overcome the crisis and prepare for the future In its [...]

Khazanah Nasional Bhd, which wholly owns Malaysia Airlines Bhd (MAS), has suggested to bidders that are keen on taking over the ailing national carrier that they should not be too [...]

United Airlines has agreed to borrow $500 million from Goldman Sachs Bank USA in the form of a one-year secured term loan. The Chicago-headquartered carrier will use the loan for [...]