Aeroflot
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Russia’s Segezha Group Seeks $2 Billion Valuation in IPO
Russia’s Segezha Group Seeks $2 Billion Valuation in IPO
(Bloomberg) -- Wood, paper and packaging producer Segezha Group set a price range for its initial public offering in Moscow that values the company at as much as 152.4 billion rubles ($2 billion).That’s the top end of the 7.75 rubles[…]
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Created on: Apr 21, 2021 | 03:48 am
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Russia's Sistema lines up Segezha forestry group for potential IPO
Russia's Sistema lines up Segezha forestry group for potential IPO
Russian conglomerate Sistema is eyeing an initial public offering (IPO) for its forestry business Segezha Group, following the successful market debut of online retailer Ozon, which it co-owns, Sistema President Vladimir Chirakhov said on Wednesday.Segezha, which comprises forestry, woodworking, pulp[…]
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Created on: Nov 25, 2020 | 04:57 am
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Russia detains Aeroflot executive on suspicion of passing secrets to Britain - Russian news agencies
Russia detains Aeroflot executive on suspicion of passing secrets to Britain - Russian news agencies
Russian security services have detained a London-based executive of flagship airline Aeroflot on suspicion of passing state secrets to Britain, Russian news agencies reported, citing sources.The TASS and RIA news agencies named the executive on Thursday as Dmitry Fedotkin and[…]
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Created on: Nov 13, 2020 | 06:27 am
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Sistema, Russia-China fund raise $281 million from sale of toy retailer
Sistema, Russia-China fund raise $281 million from sale of toy retailer
Russian conglomerate Sistema said on Wednesday that it and the Russia-China Investment Fund (RCIF) had raised 20.7 billion roubles ($281 million) from the sale of 25% of shares in Russia's biggest toy retailer Detsky Mir.The sale, which follows others by[…]
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Created on: Sep 2, 2020 | 04:50 am
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The World’s Jumbo Jets Are Heading for the Boneyard
The World’s Jumbo Jets Are Heading for the Boneyard
(Bloomberg Opinion) -- The queens of the skies have fallen on hard times.As Covid-19 has frozen the international travel on which they once thrived, double-decker, four-engine planes like the Airbus SE A380 and Boeing Co. 747 are more likely to be[…]
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Created on: Jul 31, 2020 | 20:00 pm
Air France
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Airlines look past slow recovery to post-pandemic travel
Airlines look past slow recovery to post-pandemic travel
"There will be a lot of carriers that will not make it through," Air France-KLM Chief Executive Ben Smith said, citing nameless rivals that were "not viable prior to the crisis".For survivors like state-backed Air France-KLM, market consolidation would be[…]
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Created on: Apr 22, 2021 | 12:35 pm
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REFILE-Airlines look past slow recovery to post-pandemic travel
REFILE-Airlines look past slow recovery to post-pandemic travel
"There will be a lot of carriers that will not make it through," Air France-KLM Chief Executive Ben Smith said, citing nameless rivals that were "not viable prior to the crisis".For survivors like state-backed Air France-KLM, market consolidation would be[…]
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Created on: Apr 22, 2021 | 12:26 pm
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Air France-KLM has successfully issued undated deeply subordinated notes
Air France-KLM has successfully issued undated deeply subordinated notes
Roissy, 21 April 2021 Air France-KLM has successfully issued undated deeply subordinated notes in three tranches of €1 billion, for a total amount of €3 billion As part of its recapitalization plan announced at the launch of the capital increase[…]
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Created on: Apr 21, 2021 | 02:30 am
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French government tightens grip on Air France-KLM
French government tightens grip on Air France-KLM
The French government has increased its stake in Air France-KLM to more than three times that of the Netherlands, strengthening its grip on the struggling airline. A share issue by the struggling airline more than doubled the French government’s holding[…]
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Created on: Apr 19, 2021 | 15:25 pm
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Air France-KLM may raise more capital in 2021
Air France-KLM may raise more capital in 2021
Air France-KLM may raise more capital to bolster its balance sheet as travel begins to recover from the COVID-19 pandemic in the coming months, its CEO said on Monday.Ben Smith, speaking at an online industry event as a 1.036 billion[…]
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Created on: Apr 19, 2021 | 12:33 pm
China Southern
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UPDATE 1-China Southern reviewing future of its A380 jets, says executive
UPDATE 1-China Southern reviewing future of its A380 jets, says executive
China Southern Airlines is reviewing the future of the five Airbus A380 superjumbos in its fleet, an executive said on Wednesday, at a time when many carriers are retiring the jets early because of the COVID-19 pandemic."Not only for China[…]
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Created on: Apr 14, 2021 | 04:06 am
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JetBlue (JBLU) Reveals New Mint Cabins for Transatlantic Market
JetBlue (JBLU) Reveals New Mint Cabins for Transatlantic Market
JetBlue (JBLU) is set to debut its revamped Mint cabins, featuring 24 private suites, on its London flights this summer.
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Created on: Feb 2, 2021 | 09:23 am
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Huawei CFO’s Life on Bail: Private Dining, Jet Charter and More
Huawei CFO’s Life on Bail: Private Dining, Jet Charter and More
(Bloomberg) -- For two years, few outside the inner circle of Meng Wanzhou have known how one of China’s most powerful tech executives has whiled away her days in Vancouver while battling a U.S. extradition request.That was until a court[…]
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Created on: Jan 12, 2021 | 21:10 pm
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Here is What Hedge Funds Think About China Southern Airlines Co Ltd (ZNH)
Here is What Hedge Funds Think About China Southern Airlines Co Ltd (ZNH)
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 817 13F filings submitted by hedge funds[…]
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Created on: Nov 26, 2020 | 20:16 pm
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China's largest carrier is back buying aircraft as Southern Airlines sells bonds to fund its order of Airbus' narrow-body jets
China's largest carrier is back buying aircraft as Southern Airlines sells bonds to fund its order of Airbus' narrow-body jets
China Southern Airlines, operator of the country's biggest aircraft fleet, is back in the market buying new planes and engines, resuming its expansion mode after putting six months of an air travel slump behind it.The carrier is issuing up to[…]
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Created on: Oct 14, 2020 | 05:30 am
