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  • Deadline for Thai Airways lease restructuring approaches

    Lessors take note: Creditors of Thai Airways have until 2 November to apply for debt repayment under the airline’s proposed rehabilitation. There are no extensions, and failure to submit results in a waiver of all creditor rights to debt repayment under Thai law.

  • Will Chorus Aviation sell?

    Unlike other regional platforms that have been rumoured for sale, Chorus Aviation addresses other segments of the aviation business.

  • Turkish reschedules deliveries

    Carrier aligns deliveries with 'operational and financial capacity'.

  • IAG reports €1.3bn loss as bookings disappoint

    Airline group plans for swinging cuts to capacity in Q4 amid poor booking trends.

  • Inconsistent pricing ruffles A321neo market

    Airfinance Journal’s Fleet Tracker recorded about 48 A321neo sale and leaseback transactions or mandates worth almost $2.45 billion since February.

  • Amedeo books $39m reserve for Thai A350 clawbacks

    The lessor has created a contingency reserve to repossess and remarket four widebodies with a potential return to service from 2022.

  • Malaysia Airlines CEO will not ‘throw in the towel’

    Malaysia Airlines (MAB) chief executive officer Izham Ismail has said he is not ready to “throw in the towel yet” amid fierce speculation that owner Khazanah has already decided to shut down MAB for a restart under Firefly.

  • EVAL agrees A220 SLB with Breeze

    Aircraft to be delivered in 2022 and 2023.

  • Air Asia X debt only 10% of publicised figure

    Despite recent claims from Air Asia X that it required a $15.2 billion ‘haircut’ from creditors, this number is a massive inflation of the airline’s actual debt, Airfinance Journal data shows.

  • Air Asia’s proposed $1bn data sale passes scrutiny

    The Malaysian personal data protection agency sees no obstacles to the proposed $1 billion data sale from Air Asia Group to an American lender.

  • IAG may need to raise more equity

    IAG may have to return to the capital markets in 2021.

  • BOC Aviation cancels more 737 Max orders

    Singapore-based BOC Aviation cancelled additional Boeing 737 Max aircraft orders in September.

  • MAB seeks 75% lease reductions

    Two lessors involved in negotiations with Malaysia Airlines (MAB) have told Airfinance Journal that the airline may have some success with its "audacious" request to shave up to 75% of its annual lease bill.

  • Avianca fails to overturn $240m state loan ban

    Carrier intends to press on with DIP financing plan.

  • Easyjet issues ‘creative’ RFPs

    Airline is in the market with deals that come with terms intended to maximise the value and cash for the assets, sources indicate.

  • MAB would test legal waters with UK restructuring plan

    A restructuring plan is a new regime in the UK that is similar to a scheme of arrangement but provides additional flexibility to a debtor seeking to compromise its debts due to financial difficulties.

  • Genesis Park prepares aviation acquisition fund

    The special purpose acquisition company is backed by an all-star aviation management team.

  • Moody’s downgrades Fly Leasing

    Fly has high exposure to airlines in Southeast Asia and South Asia, which represent the majority of its asset values, Airfinance Journal Fleet Tracker data shows. The lessor has many aircraft on lease to Air Asia Group and Lion Group carriers, and also to Malaysia Airlines and Garuda.

  • KBRA notes lease rate uptick on newer aircraft

    Lessors are expected to be challenged with remarketing numerous aircraft after airline defaults, which may drive lease rates downward.

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