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 …

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Air France secures €4 billion, (maybe) cedes Orly slots

Written by Seth Miller @ Wandering Aramean

The French government likely just spent the most money ever on airport landing slots. A €4 billion deal to recapitalize the Air France-KLM group will see a token divestment of operating slots at Paris-Orly airport, assuming a competitor is keen.
The po…

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Air France secures €4 billion, cedes Orly slots

Written by Seth Miller @ PaxEx.Aero

The French government likely just spent the most money ever on airport landing slots. A €4 billion deal to recapitalize the Air France-KLM group will see a token divestment of operating slots at Paris-Orly airport, assuming a competitor is keen.
The po…

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