AirAsia operator seeks $200 million from private credit for loan
Budget carrier AirAsia, a part of the Capital A Bhd group, is seeking a $400 million loan, half of it from private credit funds, to…
EasyJet places giant $20 billion Airbus order to renew fleet
EasyJet Plc placed the biggest aircraft order in the discount carrier’s history, potentially buying as many as 257 jets from Airbus SE in a commitment…
Silk Way West announces first commercial flight to Istanbul on new Boeing 777F
The new aircraft will replace the Boeing 747-400F that previously operated the Baku-Istanbul route, delivering a range of general cargo...
US judge keeps SAS Airline’s restructuring on track with payment hearing
A US bankruptcy court judge granted SAS AB’s request to speed the process of paying $3 million to advisers of the Scandinavian airline’s investor group,…
Boeing expands strategic investments in Brazil, including new engineering and technology center
- Engineering Center joins Boeing’s global network of 15 advanced technology development sites - Boeing and State of São Paulo sign Memorandum of Understanding for…
Bain Capital postpones Virgin Australia IPO plans, sources say
Bain Capital has pushed back plans for a Virgin Australia Airlines Pty Ltd. initial public offering to as soon as 2024, according to people familiar…
SAS hits hurdle on Air France-KLM deal as Apollo opposes payment
Apollo Global Management Inc. challenged SAS AB’s plan to quickly pay the advisers to new investors in the bankrupt Scandinavian airline including Air France-KLM.
Air travel is back to pre-pandemic levels with new turbulence ahead
It took four long years for global airline capacity to return to pre-Covid levels — but for passengers and airlines, the industry has changed forever
Finnair plans €600 million rights issue to shore up finances
Finnair Oyj plans to raise as much as €600 million ($632 million) issuing new shares, as the Finnish flag carrier seeks to prop up its…
British Airways reaches tentative deal with pilots’ union
British Airways reached a tentative labor agreement with unionized pilots, removing the threat of a walkout through 2027 as the flagship UK carrier cements a…
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