Air France-KLM has launched an offering of deeply subordinated undated bonds worth €300 million that may be converted into new shares or are exchangeable for existing shares. The offering, which should help to improve the negative equity position of the airline group,...
Rhetoric on the need for cooperation between airlines in Africa has never been in short supply, but action had been less forthcoming. In the current aviation landscape, filled by the emergence of new markets, two of Africa’s biggest airlines, Kenya Airways and South...
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