Azorra Aviation Holdings, a U.S.-based aircraft leasing and investment firm, has successfully closed a $550 million senior unsecured notes offering. The issuance reflects strong demand for mid-tier aviation lessors as the industry rebounds from post-pandemic disruptions.
LATAM Airlines Group, the largest airline holding company in Latin America, has received a series of credit rating upgrades from Fitch Ratings (US), reflecting improved financial performance and stronger fundamentals following its post-bankruptcy recovery. The agency affirmed a Positive Outlook across all categories.
Fitch Ratings has recently assigned a ‘BB-’ rating to the special facility revenue bonds proposed by the City of Houston, with a Recovery Rating of ‘RR4’. These bonds, which are guaranteed by United Airlines Holdings (US), represent an important financial measure designed to support airport and related infrastructure within the Houston area. The assigned BB- rating indicates a non-investment grade, yet…
Fitch Ratings has revised its outlook on United Airlines, moving it from Stable to Positive, while affirming the airline’s Long-Term Issuer Default Rating (IDR) at ‘BB-’. This change reflects Fitch’s confidence in United Airlines’ improved financial stability and growth prospects, as the airline continues to recover post-pandemic and strengthen its market position in the competitive…
