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...
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 foot in the door with the...
All Nippon Airways (ANA) is the third airline to confirm an order for Boeing’s new full-freighter, the 777-8F. But like launch customer Qatar Airways, the Japanese have swapped orders for the 777-9 for the freighter version. ANA also confirmed an order for...
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