Airlines

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International Consolidated Airlines Group SA announces offer for Aer Lingus Group plc

2:00am EDT

International Consolidated Airlines Group SA and Aer Lingus Group plc:Reach agreement on terms of recommended cash offer to be made by AERL Holding Ltd, wholly owned subsidiary of IAG, for entire issued and to be issued ordinary share capital of Aer Lingus.Say Aer Lingus shareholders will receive 2.55 euros in cash for each Aer Lingus Share, comprising: cash payment of 2.50 euros per Aer Lingus share; and payment of cash dividend of 0.05 euros per Aer Lingus Share (payable on May 29, to Aer Lingus shareholders on register of members on May 1).Say transaction values Aer Lingus' entire issued and to be issued ordinary share capital at about 1.4 billion euros.

International Consolidated Airlines Group SA announces offer for Aer Lingus Group plc

2:00am EDT

International Consolidated Airlines Group SA and Aer Lingus Group plc:Reach agreement on terms of recommended cash offer to be made by AERL Holding Ltd, wholly owned subsidiary of IAG, for entire issued and to be issued ordinary share capital of Aer Lingus.Say Aer Lingus shareholders will receive 2.55 euros in cash for each Aer Lingus Share, comprising: cash payment of 2.50 euros per Aer Lingus share; and payment of cash dividend of 0.05 euros per Aer Lingus Share (payable on May 29, to Aer Lingus shareholders on register of members on May 1).Say transaction values Aer Lingus' entire issued and to be issued ordinary share capital at about 1.4 billion euros.

Juneyao Airlines completes initial public offering

Monday, 25 May 2015 08:00pm EDT

Juneyao Airlines Co Ltd:Completed its initial public offering of 68 mln A shares of common stock at a price of 11.18 yuan per share.Raised 760.24 mln yuan through the issuance.The company's shares will be traded on the Shanghai Stock Exchange under the symbol of "603885" from May 27.

Aeroflot OAO recommends no FY 2014 dividend payment

Thursday, 21 May 2015 08:20am EDT

Aeroflot OAO:Says board recommends no FY 2014 dividend payment.

Juneyao Airlines prices initial public offering

Sunday, 17 May 2015 08:00pm EDT

Juneyao Airlines Co Ltd:Priced the 68 mln A shares of common stock that will be newly issued in initial public offering, at 11.18 yuan per share.The company expects to raise about 760.24 mln yuan through the issuance.

Finnair says aviation union's strike threat withdrawn

Friday, 15 May 2015 08:00pm EDT

Finnair Oyj:Finnish Aviation Union’s strike threat for May 19 and May 20 has been withdrawn.The strike threat was related to a dispute of a collective labour agreement applied to a Finnish ground handling company.Finnair was not a party to the dispute in any way.

LATAM Airlines Group SA launches private offering of EETC to finance new aircraft deliveries

Friday, 15 May 2015 09:09am EDT

LATAM Airlines Group SA:Announces that it has priced its private offering of two tranches of enhanced equipment trust certificates ("EETC") which has been upsized to an aggregate face amount of $1,020,823,000 to finance new aircraft deliveries.Private offering is comprised of class A certificates and class B certificates.Class A certificates will have an interest rate of is 4.20 percent per annum with a final expected distribution date of Nov. 15, 2027 and the class B certificates will have an interest rate of 4.50 percent per annum with a final expected distribution date of Nov. 15, 2023.Citigroup Global Markets Inc. is the sole structuring agent, global coordinator and lead book-runner for the Certificates and Deutsche Bank, JP Morgan and Natixis are joint book-runners.The proceeds from the certificates will ultimately be used to finance the acquisition of eleven new Airbus A321-200 aircraft, two new Airbus A350-900 aircraft and four new Boeing 787-9 aircraft, which are currently scheduled for delivery between July 2015 and March 2016.

AirAsia X Bhd announces renounceable rights issue

Thursday, 14 May 2015 08:00pm EDT

AirAsia X Bhd:Says renounceable rights issue of up to 1,779,071,540 new ordinary shares of 0.15 Ringgit each together with up to 889,535,770 free detachable warrants.

Finnair prepares for possible strike by Finnish Aviation Union on May 19-20

Thursday, 14 May 2015 08:00pm EDT

Finnair Oyj:Prepares for a possible strike by Finnish Aviation Union on May 19-20.Says if strike threat is not withdrawn, Finnair is forced to cancel many of its flights on 19-20 May.Says some cancellations will also have to be made on May 18 and May 21.

Southwest Airlines increases quarterly dividend and authorizes new share repurchase program

Wednesday, 13 May 2015 11:10am EDT

Southwest Airlines:Increased the Company's quarterly dividend by 25 percent and authorized a new $1.5 billion share repurchase program.Under the new $1.5 billion share repurchase authorization, the Company intends to repurchase an initial $300 million of Southwest common stock under an accelerated share repurchase program.Says quarterly dividend will increase to $.075 per share from $.06 per share, beginning with the quarterly dividend declared to Shareholders of record at the close of business on June 3 on all shares then issued and outstanding.Payable on June 24.

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Analyst Research

Report Title Price
Provider: Renaissance Capital
$92.00
Provider: Renaissance Capital
$92.00
Provider: Auerbach Grayson & Co., Inc.
$75.00
Provider: New Constructs, LLC
$10.00
Provider: Reuters Investment Profile
$20.00

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