Written by Seth Miller @ Wandering Aramean
Italy’s new ITA airline is, of course, the successor to Alitalia. Everything about the company, including its plans to buy the old brand, make that clear. But thanks to an EU ruling today the new carrier will not be saddled with more than a billion dol…
Category: debt
Europe clears Alitalia debt from successor ITA
Written by Seth Miller @ PaxEx.Aero
Alitalia’s obviously illegal loans from Italy won’t saddle its successor ITA as it launches in five weeks, thanks to a European Commission ruling handed down today.
The post Europe clears Alitalia debt from successor ITA appeared first on PaxEx.Aero.
Gogo prices new debt, anticipates huge savings
Written by Seth Miller @ Wandering Aramean
Gogo announced its long-awaited debt refinancing deal this afternoon, a move that should deliver huge savings for the company. The move allows the company to retire a billion dollars of high-interest debt, reducing both the total leverage and the rate …
Gogo prices new debt, anticipates huge savings
Written by Seth Miller @ PaxEx.Aero
Gogo announced its long-awaited debt refinancing deal this afternoon, a move that should deliver huge savings for the company. The move allows the company to retire a billion dollars of high-interest debt, reducing both the total leverage and the rate …