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Garuda plans to issue new debt and raise fresh equity

Garuda plans to issue new debt and raise fresh equity

by Richard Schuurman | Jun 9, 2022 | Airlines | 0 comments

Garuda Indonesia plans to issue $800 million in new debt and raise $330 in fresh equity. This is part of the restructuring plan that has been presented to a court in Jakarta on June 9. Creditors of the troubled airline will vote on the plan on June 15. Garuda plans to...
ITA Airways sources additional aircraft from AerCap

ITA Airways sources additional aircraft from AerCap

by Richard Schuurman | Apr 1, 2022 | Airlines | 0 comments

Italian airline ITA Airways continues to expand its fleet. The carrier has signed an agreement with AerCap for the lease of ten Airbus A320neo’s and two A330neo’s on long-term contracts. Last week, the first Airbus A350-900 in the striking blue livery emerged from the...
Cebu Pacific and China Airlines receive new Airbus types

Cebu Pacific and China Airlines receive new Airbus types

by Firdaus Hashim | Dec 1, 2021 | Airbus, Airlines, Cebu Pacific | 0 comments

Two Asia-Pacific carriers, Cebu Pacific Air and China Airlines, have each taken delivery of new aircraft types from Airbus at the tail end of November. Cebu Pacific of the Philippines received its first A330-900 on 28 November, while China Airlines of Taiwan received...
More 737 and A220 deliveries compensate for Spirit’s 787 woes

More 737 and A220 deliveries compensate for Spirit’s 787 woes

by Richard Schuurman | Nov 3, 2021 | Aerospace | 0 comments

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Supply chain issues are holding up Airbus

Supply chain issues are holding up Airbus

by Richard Schuurman | Oct 28, 2021 | Airbus | 0 comments

Difficulties in the supply chain are holding up deliveries at Airbus, notably that of the A320neo family. But these issues are not systemic and are not having an effect on the planned production ramp-up, President and CEO Guillaume Faury said during the Q3 results...
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