President Javier Milei has issued a stark warning regarding the future of Aerolíneas Argentinas, stating that the state airline will be handed over to its employees if Congress fails to approve its privatization.
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LCI (Ireland) and Sumitomo Mitsui Finance and Leasing (Japan) have successfully executed US$420 million in loan facilities, designated to fund social projects, including the acquisition of helicopters. This strategic collaboration highlights the increasing focus on financing projects that contribute to societal benefits, particularly in sectors such as emergency medical services and search and rescue operations.
Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.
Koala Airlines (Australia) is currently facing a significant financial challenge, as creditor Wealth Creation (Australia)has filed a wind-up application against the airline. The case is set to be reviewed in a court hearing scheduled for 22 January 2025. The filing of a wind-up application typically indicates that a creditor believes the company is unable to meet its financial obligations. For…
Crestone Air Partners, a U.S.-based aircraft asset management and leasing firm, has expanded its executive leadership team with the appointment of Jason Greenberg as Chief Legal Officer and General Counsel and Bernadette Ryan as Vice President of Contracts. These additions strengthen the company’s legal framework and contractual operations, reinforcing its commitment to structured growth and operational excellence.
The State Transport Leasing Company (STLC) of Russia reported a sharp decline in net profit for the first nine months of 2024, despite significant revenue growth. According to the company’s latest financial statement, net profit dropped by 2,750%, amounting to just $4.5 million, a steep fall from previous periods. However, revenue increased by an impressive…
Air Serbia has announced a record net profit of $42.9 million (€41.3 million) for the year 2024, with total annual revenue surpassing $729 million (€700.3 million). This marks the most successful financial performance in the airline’s history.
LCI (Ireland) and Sumitomo Mitsui Finance and Leasing (Japan) have successfully executed US$420 million in loan facilities, designated to fund social projects, including the acquisition of helicopters. This strategic collaboration highlights the increasing focus on financing projects that contribute to societal benefits, particularly in sectors such as emergency medical services and search and rescue operations.
Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.
Koala Airlines (Australia) is currently facing a significant financial challenge, as creditor Wealth Creation (Australia)has filed a wind-up application against the airline. The case is set to be reviewed in a court hearing scheduled for 22 January 2025. The filing of a wind-up application typically indicates that a creditor believes the company is unable to meet its financial obligations. For…
Crestone Air Partners, a U.S.-based aircraft asset management and leasing firm, has expanded its executive leadership team with the appointment of Jason Greenberg as Chief Legal Officer and General Counsel and Bernadette Ryan as Vice President of Contracts. These additions strengthen the company’s legal framework and contractual operations, reinforcing its commitment to structured growth and operational excellence.
The State Transport Leasing Company (STLC) of Russia reported a sharp decline in net profit for the first nine months of 2024, despite significant revenue growth. According to the company’s latest financial statement, net profit dropped by 2,750%, amounting to just $4.5 million, a steep fall from previous periods. However, revenue increased by an impressive…
Air Serbia has announced a record net profit of $42.9 million (€41.3 million) for the year 2024, with total annual revenue surpassing $729 million (€700.3 million). This marks the most successful financial performance in the airline’s history.
LCI (Ireland) and Sumitomo Mitsui Finance and Leasing (Japan) have successfully executed US$420 million in loan facilities, designated to fund social projects, including the acquisition of helicopters. This strategic collaboration highlights the increasing focus on financing projects that contribute to societal benefits, particularly in sectors such as emergency medical services and search and rescue operations.
Fitch Ratings, a leading credit rating agency, has downgraded Spirit Airlines’ (US) Long-Term Issuer Default Rating (IDR) to ‘D’ from ‘CC’, indicating default status. The downgrade reflects Spirit Airlines’ financial challenges following its Chapter 11 bankruptcy filing.
Koala Airlines (Australia) is currently facing a significant financial challenge, as creditor Wealth Creation (Australia)has filed a wind-up application against the airline. The case is set to be reviewed in a court hearing scheduled for 22 January 2025. The filing of a wind-up application typically indicates that a creditor believes the company is unable to meet its financial obligations. For…
Crestone Air Partners, a U.S.-based aircraft asset management and leasing firm, has expanded its executive leadership team with the appointment of Jason Greenberg as Chief Legal Officer and General Counsel and Bernadette Ryan as Vice President of Contracts. These additions strengthen the company’s legal framework and contractual operations, reinforcing its commitment to structured growth and operational excellence.
The State Transport Leasing Company (STLC) of Russia reported a sharp decline in net profit for the first nine months of 2024, despite significant revenue growth. According to the company’s latest financial statement, net profit dropped by 2,750%, amounting to just $4.5 million, a steep fall from previous periods. However, revenue increased by an impressive…
Air Serbia has announced a record net profit of $42.9 million (€41.3 million) for the year 2024, with total annual revenue surpassing $729 million (€700.3 million). This marks the most successful financial performance in the airline’s history.
