Monthly Archives: May 2023

European airlines to shake off consumer gloom in upcoming results season: Bloomberg Intelligence analyst gives earnings preview

European airlines’ quarterly results are likely to confirm a significant reduction in winter losses vs. last year while defying recession fears with strong summer bookings as consumers still pay up for travel, says Bloomberg Intelligence (BI). BI calculate the spot price of jet fuel has almost halved since June’s peak, which provides cost relief and […]

Avolon Announces Pricing of US$750 Million Senior Unsecured Notes Offering

Avolon Holdings Limited (“Avolon”), the international aircraft leasing company, announces the pricing of a private offering (the “Offering”) by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$750 million of 6.375% senior unsecured notes due 2028 (the “Notes”). The Notes will be fully and unconditionally guaranteed by Avolon, and […]

Travelex expands ATM click & collect across Heathrow, Manchester and Birmingham airports

Expansion of industry-leading FX ATM click & collect service follows successful pilot at Heathrow T5 Travelex, a market leading foreign exchange brand, has expanded its ATM click & collect service across Heathrow, Birmingham and Manchester airports following a successful pilot at Heathrow Terminal 5. Following the success of the pilot, Travelex now offers the click […]