Boeing has issued a prospectus for an exchange offer of senior notes worth up to $8 billion. This initiative is part of the company’s financial strategy to manage its outstanding debt obligations and optimize its capital structure.
In order to view the full content as well as having access to our archives and receiving the daily newsletter, please REGISTER .
Togo-based ASKY Airlines, partially owned by Ethiopian Airlines, is strategically expanding its network with plans to secure new codeshare agreements with key African carriers. Currently, ASKY serves 29 African destinations with a fleet of 14 Boeing 737s. To support regional expansion, ASKY aims to negotiate codeshares with Mauritania Airlines, Afrijet, Air Senegal, and Royal Air…
GOL Linhas Aéreas Inteligentes (GOL), a major Brazilian airline, reported an improvement in its 3Q 2024 financial results with a net loss reduction of 36.2%, bringing the loss to $144 million. This improvement is accompanied by a 6.3% increase in net revenue, totaling $861 million for the quarter. GOL’s total cash holdings at the end of 3Q 2024 were reported at $329 million, indicating solid liquidity…
Korean Air has secured the rights to perform maintenance on Rolls-Royce engines, marking a significant expansion of its maintenance, repair, and overhaul (MRO) capabilities. The airline is preparing to carry out this work at a state-of-the-art engine maintenance facility currently under construction on Yeongjong Island, near Seoul Incheon International Airport.
Ashland Place Finance, a US-based financing company, has announced the completion of a new financing facility to support the acquisition of a Boeing 737-800. This financing arrangement has been made in collaboration with Crestone Air Partners, Air T, and Mill Road Capital Management, who are jointly involved in the acquisition. The new facility underscores Ashland Place Finance’s commitment to providing tailored…
ANA All Nippon Airways, Japan’s leading airline, has retired one of its Boeing 767-300BCF aircraft from regular service. The aircraft, identified by serial number 25654, is expected to be transferred to an overseas buyer within the coming month. This transition reflects ANA’s ongoing fleet management strategy, adjusting its resources to align with operational needs and…
In September 2024, China Southern Airlines continued to expand and optimize its fleet with the addition of four new aircraft.
