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Air France-KLM successfully completes capital increase

Air France-KLM successfully completes capital increase

by Richard Schuurman | Jun 14, 2022 | Airlines | 0 comments

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...
NAC hopes to exit Chapter 11 by the end of May

NAC hopes to exit Chapter 11 by the end of May

by Richard Schuurman | Apr 20, 2022 | Aerospace, Lessors, Nordic Aviation Capital | 0 comments

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 prepares for capital raise in March

Air New Zealand prepares for capital raise in March

by Richard Schuurman | Feb 23, 2022 | Airlines | 0 comments

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...
Airbus gets last-minute 2021 order from Aviation Capital Group

Airbus gets last-minute 2021 order from Aviation Capital Group

by Richard Schuurman | Dec 30, 2021 | Airbus | 0 comments

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...

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