Heike Tamm

Swissport has agreed to a comprehensive restructuring with creditors and shareholders including a debt-for-equity swap and a new €500 million long-term debt facility. The restructuring will deliver a significant deleveraging for the company. Swissport has also finalized the €300 million additional interim facility. Following the announcement on August 21, 2020 of an agreement ‘in principle’, […]

Norwegian has reported its results for the first half year of 2020. The figures are, as expected, heavily impacted by the COVID-19 pandemic with a net loss of NOK 5.3 billion. During the first half of 2020, 5.31 million customers travelled with the company; a decrease of 71% compared to the same period last year.

SIA Engineering Company (SIAEC) has entered into an agreement to acquire the remaining 35% issued and paid-up share capital of HMSS, representing 9,625,000 ordinary shares in the capital of HMSS from Airbus Services Asia Pacific (ASAP), a Singapore incorporated wholly owned subsidiary of Airbus SAS. HMSS was incorporated in Singapore in October 2016 to provide

After posting its first loss in nearly 20 years, Air New Zealand plans to draw down on a government-backed NZ$900 million loan to help the carrier deal with the fallout from the COVID-19 pandemic. However, the loan will come at a cost, with an interest rate of between seven and nine percent, while the government