American Airlines announces pricing of senior secured notes
American Airlines, Inc. (NASDAQ: AAL) (the “Company”) today announced that it priced $2.5 billion aggregate principal amount of its 11.75% senior secured notes due 2025…
Lufthansa shareholders pave the way for stabilization measures
Today, the shareholders of Deutsche Lufthansa AG voted in favor of accepting the capital measures and the participation of the Economic Stabilisation Fund (WSF) of…
Delta CEO Sees Little Room to Restore More Flights After August
Delta Air Lines Inc. will probably stop adding flights to its schedule after the summer as the coronavirus pandemic continues to suppress travel demand.
Travel collapse stirs confusion on Mexico Airlines’ traffic data
The traffic reports that Mexican airlines Volaris and VivaAerobus filed to investors in March and April don’t add up with the data they sent to…
Lufthansa’s $6.7 billion German recapitalization gets EU nod
Deutsche Lufthansa AG won European Union approval for Germany’s 6 billion-euro ($6.7 billion) recapitalization that Irish rival Ryanair Holdings Plc says it will sue to…
EasyJet bolsters liquidity by raising $520 million in share sale
EasyJet Plc raised about 419 million pounds ($520 million) in a share sale, padding its coffers for the gearing up of flights as the European…
Lufthansa’s 6 billion-Euro German recapitalization gets EU nod
Deutsche Lufthansa AG won European Union approval to receive a 6 billion-euro ($6.75 billion) recapitalization from the German government, hours before shareholders vote on the…
Qantas may actually benefit from the coronavirus
With its near monopoly in the domestic market, the carrier is in a good position as aviation recovers.
Qantas to raise $1.3 billion and cut 6,000 jobs to survive virus
Qantas Airways Ltd. will raise as much as A$1.9 billion ($1.3 billion) and cut at least 6,000 jobs as the coronavirus pandemic continues to keep…
American Airlines boosts junk bond again to $2.5 billion
American Airlines Group Inc. increased its junk bond offering for a second time raising it to $2.5 billion from $2 billion earlier, according to people…
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