Delhi-based low-cost airline SpiceJet has restructured over $100 million outstanding dues to lessor Carlyle Aviation Partners (CAP). The lessor takes equity shares and compulsorily convertible debentures (CCDs), the airline announced on Monday. Once the transaction is completed, CAP will have over…
The new agreement between Mesa Airlines and United Airlines extends for five years and will see the regional carrier deploy up to 38 Bombardier/Mitsubishi CRJ900s with United Express in the coming March. United will get a ten percent share in Mesa and…
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International Airlines Group (IAG) has exercised its option to convert a €100 million loan to Spanish carrier Air Europa into a twenty percent share, it announced on August 16 in a regulatory filing. This means that IAG has finally got a…
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Qantas plans to rebuild its international network to seventy percent capacity of 2019 levels by the first quarter of its financial year 2023, which starts on October 1. The carrier maintains its previous guidance of fifty percent capacity in the…