Grupo Aeroméxico, the parent holding of Aeroméxico (AM, México City International), has priced USD500 million of senior secured notes due 2029 with a coupon of 8.25% and USD610 million of senior secured notes due 2031 with a coupon of 8.625%. The company says the proceeds will be used to redeem senior secured notes due in [...]
Source: ch aviation Read more: New Caledonia’s Aircalin open to private investment
Source: ch aviation Read more: Asiana Airlines pilots head to court to stop cargo sale
Cebu Pacific Air (5J, Manila Ninoy Aquino International) will acquire an additional 20% stake in 1Aviation Ground Handling Services (1AV) in a debt-to-equity deal, according to an October 29 stock market filing. The transaction will increase Cebu’s ownership in 1AV from 40% to 60%. The airline will forego debts of PHP113 million pesos (USD1.94 million) [...]
Source: ch aviation Read more: Hong Kong Airlines to source B787s from within group
Source: ch aviation Read more: Korea's Cheongju Airport offers incentives for more aircraft
Riyadh Air (RXI, Riyadh) has ordered sixty A321-200neo ahead of its stated launch in the first half of 2025. The Saudi start-up and Airbus (AIB, Toulouse Blagnac) both confirmed the deal on October 30 following a signing ceremony in Riyadh. The narrowbody commitment was first alluded to earlier this year. The state-backed start-up did not [...]
Source: ch aviation Read more: Quebecois entrepreneur eyes Chrono Aviation's assets
Let's Go Air has expanded its Part 135-certified fleet with its first business jet, a Premier I, adding to its existing turboprop operation, ch-aviation research shows. Premier I N264DL (msn RB-27) joins the Pennsylvania-based operator's charter fleet alongside a Beech (twin turboprop) King Air B200. The 23.1-year-old jet was initially registered in the United States, [...]
Source: ch aviation Read more: Lisbon to settle debt with Sevenair