Air France-KLM has successfully completed the rights issue and raised the planned €2.256 billion, of which €1.611 billion in cash. The capital increase was even oversubscribed at €2.6 billion, the airline group said on June 14. Air France-KLM successfully completes...
Lessor Nordic Aviation Capital (NAC) expects to exit Chapter 11 bankruptcy protection before the end of May following the approval of its restructuring plan by the Eastern District of Virginia Bankruptcy Court. NAC said on April 19 that it had received “overwhelming...
Air New Zealand expects to launch an equity capital raise by the end of March or early April as part of its steps to recapitalize its balance sheet. The airline is suffering from the ongoing travel restrictions on its international network, which resulted in a $376...
Japanese-owned but California-based lessor Aviation Capital Group (ACG) has placed a last-minute 2021 order with Airbus for forty A320neo-family aircraft. This includes five A321XLRs. It also signed a Memorandum of Understanding for twenty A220s, both ACG and Airbus...
Icelandair is likely to get a new shareholder. Private multi-asset management firm Bain Capital has signed a binding agreement to take a 16.6 percent share in Icelandair Group the owner of the airline. The transaction, which is valued at $66.1 million, will be...
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