Financial

Nordic Aviation Capital (NAC) has successfully completed its third Senior Unsecured Private Placement issuance. The issuance was launched at US$250 million and was substantially oversubscribed allowing NAC to source a total of US$786.25 million. The new transaction consists of five and seven year tranches, with the proceeds being used to refinance aircraft within NAC’s portfolio.

Munich Airport has reported a successful 2018 operating year at its annual press conference in Munich. The 3.8% increase in traffic to a total of 46.3 million passengers flying to and from Munich, and the resulting gains in aviation and non-aviation revenues had a decisive impact on the increase in Group sales, which – based

Aircraft Leasing Company AeroCentury has reported a fourth quarter net loss of US$3.8 million compared to a net loss of US$4.5 million for the third quarter of 2018 and net income of US$6.0 million for the fourth quarter of 2017. Fourth quarter 2018 results reflect the combined operations of AeroCentury and its newly acquired subsidiary,

OneWeb, a global communications company with a mission to bring connectivity to everyone, everywhere, has secured its largest fundraising round to date with the successful raise of US$1.25 billion in new capital. This brings the total funds raised to US$3.4 billion. This round was led by SoftBank Group Corp., Grupo Salinas, Qualcomm Technologies Inc., and

Lufthansa reported that total Group revenues for 2018 were a six-percent increase on the previous year. Burdened by the first-time application of the IFRS 15 accounting standard, total revenues were one percent up on 2017, at EUR 35.8 billion. The Adjusted EBIT for the year of around EUR 2.8 billion was only slightly below the