Qantas to Launch Weekly Nonstop Brisbane–Koror Service in December

ByAdmin 05/11/202407/11/2024

Qantas, Australia’s flagship airline, is set to introduce a new nonstop service connecting Brisbane to Koror, the capital of Palau, with flights commencing on 7 December 2024. This weekly service aims to improve connectivity between Australia and Palau, offering travelers a convenient and direct route to this popular Pacific island destination. Known for its rich marine biodiversity and stunning natural landscapes, Palau is a desirable location for tourists, especially for diving enthusiasts and eco-tourists.

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Airlines | Financial

Lufthansa Issues €512 Million Hybrid Bond

ByAdmin 14/01/202515/01/2025

Lufthansa (Germany) successfully issued an unsecured hybrid bond with a total volume of €512 million(approximately US$512 million). The bond, which bears an annual interest rate of 5.25%, has a 30-year term, with the first issuer call date set for 6 years after issuance.

Airlines | Privatization

Brazil Awaits TAP Privatization Details, Gauges Interest from Brazilian Companies

ByAdmin 27/10/202428/10/2024

Brazil’s Minister of Ports and Airports has announced that the government will take a measured approach to TAP Air Portugal‘s upcoming privatization process, awaiting the official prospectus and market offer before engaging Brazilian companies.

Airlines | Loan

Air Seoul Extends Loan Repayment to Asiana Airlines

ByAdmin 19/01/202522/01/2025

Air Seoul, a South Korean low-cost carrier, has announced yet another postponement of its loan repayment to its parent company, Asiana Airlines. This marks the 18th extension of the loan’s maturity date since the airline first borrowed US$20.6 million in June 2020.

CDB Aviation Completes A350-900 Sale-Leaseback with Air France

ByAdmin 03/12/202405/12/2024

CDB Aviation (Ireland) has successfully closed a sale/leaseback transaction for one Airbus A350-900 with Air France, a longstanding airline customer. This agreement highlights the ongoing collaboration between the lessor and the carrier, further strengthening their strategic partnership.

Airlines | Financial

GOL Clarifies Chapter 11 Exit Financing Process Has Not Yet Begun

ByAdmin 16/10/2024

GOL Linhas Aéreas Inteligentes, Brazil’s largest airline, has issued a clarification regarding its Chapter 11 restructuring process.

Air Vanuatu in Talks for 49% Minority Stake Sale to Boost Operations

ByAdmin 01/11/202404/11/2024

Air Vanuatu, the national airline of Vanuatu, has entered negotiations to sell a 49% minority stake to potential investors, with a focus on revitalizing its financial health and operational reach. The Vanuatu government plans to retain a controlling 51% majority, ensuring national oversight while allowing for strategic investment and expertise from private stakeholders. This move…

Airlines | Financial

Air Vanuatu in Talks for 49% Minority Stake Sale to Boost Operations

ByAdmin 01/11/202404/11/2024

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