Avianca Group International‘s subsidiary, Avianca Midco 2, has officially announced an offer to exchange any and all of its outstanding 9.000% Tranche A-1 Senior Secured Notes for newly issued 9.000% Senior Secured Notes, both maturing in 2028. This exchange aims to provide enhanced financial flexibility and optimize the company’s capital structure.
Please SUBSCRIBE to view the full content.
First month of membership is free!
Kenya Airways has achieved a notable financial milestone, reporting its first full-year profit in 12 years. In 2024, the airline recorded a total revenue of $1.5 billion, up 6% from the previous year, culminating in a net profit of $41.7 million. A significant contributor to this success was gains from foreign exchange, a key driver in the airline’s…
Aviation Capital Group LLC (ACG), a leading global full-service aircraft asset manager, has announced the successful closing of its inaugural sustainability-linked loan, amounting to $550 million. This senior unsecured term loan, maturing in October 2027, includes an accordion feature that allows ACG to request up to an additional $300 million in lender commitments.
flynas, a prominent low-cost airline based in Saudi Arabia, has announced the successful closure of a Murabaha financing agreement with Bank Aljazira, valued at $132 million. This financing arrangement is designated for the acquisition of three Airbus A320neo aircraft, aligning with flynas’s ongoing efforts to expand and modernize its fleet.
Heston Materials, based in Lithuania, has announced the creation of a new Engines Division. This expansion is underscored by the appointment of Semih Ozdemir to lead this newly established division.
The Asian Development Bank (ADB), based in the Philippines, has officially approved a financing package aimed at supporting Air Niugini’s re-fleeting program.
Avianca, Colombia’s flagship airline, has announced the appointment of Nicolas Alvear Velastegui as the Group’s new Chief Financial Officer (CFO). Alvear Velastegui is set to take office on 1 January 2025, bringing his extensive financial expertise to Avianca as the airline pursues strategic initiatives aimed at enhancing financial stability and operational growth. His appointment highlights Avianca’s commitment to reinforcing…
Kenya Airways has achieved a notable financial milestone, reporting its first full-year profit in 12 years. In 2024, the airline recorded a total revenue of $1.5 billion, up 6% from the previous year, culminating in a net profit of $41.7 million. A significant contributor to this success was gains from foreign exchange, a key driver in the airline’s…
Aviation Capital Group LLC (ACG), a leading global full-service aircraft asset manager, has announced the successful closing of its inaugural sustainability-linked loan, amounting to $550 million. This senior unsecured term loan, maturing in October 2027, includes an accordion feature that allows ACG to request up to an additional $300 million in lender commitments.
flynas, a prominent low-cost airline based in Saudi Arabia, has announced the successful closure of a Murabaha financing agreement with Bank Aljazira, valued at $132 million. This financing arrangement is designated for the acquisition of three Airbus A320neo aircraft, aligning with flynas’s ongoing efforts to expand and modernize its fleet.
Heston Materials, based in Lithuania, has announced the creation of a new Engines Division. This expansion is underscored by the appointment of Semih Ozdemir to lead this newly established division.
The Asian Development Bank (ADB), based in the Philippines, has officially approved a financing package aimed at supporting Air Niugini’s re-fleeting program.
Avianca, Colombia’s flagship airline, has announced the appointment of Nicolas Alvear Velastegui as the Group’s new Chief Financial Officer (CFO). Alvear Velastegui is set to take office on 1 January 2025, bringing his extensive financial expertise to Avianca as the airline pursues strategic initiatives aimed at enhancing financial stability and operational growth. His appointment highlights Avianca’s commitment to reinforcing…
Kenya Airways has achieved a notable financial milestone, reporting its first full-year profit in 12 years. In 2024, the airline recorded a total revenue of $1.5 billion, up 6% from the previous year, culminating in a net profit of $41.7 million. A significant contributor to this success was gains from foreign exchange, a key driver in the airline’s…
Aviation Capital Group LLC (ACG), a leading global full-service aircraft asset manager, has announced the successful closing of its inaugural sustainability-linked loan, amounting to $550 million. This senior unsecured term loan, maturing in October 2027, includes an accordion feature that allows ACG to request up to an additional $300 million in lender commitments.
flynas, a prominent low-cost airline based in Saudi Arabia, has announced the successful closure of a Murabaha financing agreement with Bank Aljazira, valued at $132 million. This financing arrangement is designated for the acquisition of three Airbus A320neo aircraft, aligning with flynas’s ongoing efforts to expand and modernize its fleet.
Heston Materials, based in Lithuania, has announced the creation of a new Engines Division. This expansion is underscored by the appointment of Semih Ozdemir to lead this newly established division.
The Asian Development Bank (ADB), based in the Philippines, has officially approved a financing package aimed at supporting Air Niugini’s re-fleeting program.
Avianca, Colombia’s flagship airline, has announced the appointment of Nicolas Alvear Velastegui as the Group’s new Chief Financial Officer (CFO). Alvear Velastegui is set to take office on 1 January 2025, bringing his extensive financial expertise to Avianca as the airline pursues strategic initiatives aimed at enhancing financial stability and operational growth. His appointment highlights Avianca’s commitment to reinforcing…
