• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

PaxEx.Aero

The Business of Passenger Experience

  • Premium
    • Register
    • My Account
    • Aero Filings
  • IFEC
  • Seats & Cabin
  • Airplanes and Airports
  • Loyalty
  • About PaxEx.Aero
    • Contact PaxEx.Aero
  • Aero Filings
  • Logout

financing

Breeze boosts backlog, adds 20 more A220s

13 September 2021 By Seth Miller Leave a Comment

The first A220 for Breeze Airways exits the paint shop in Mobile in advance of its planned delivery in Q4 2021

The best-financed airline startup in history continues to expand its expectations. Breeze Airways announced today plans to add another 20 A220s to its fleet, bringing the order commitment to 80 of the type.

This story is about: A220, A220-300, Airbus, Breeze Airways, financing Filed Under: Airplanes and Airports

Breeze banks $200 million to fuel growth

18 August 2021 By Seth Miller 3 Comments

A traditional water cannon salute for the inaugural Breeze Airways departure from Tampa

Breeze Airways secured an additional $200 million in funding, providing the carrier with a sizable bankroll to support upcoming expansion. The deal involves new and existing investors and gives the company the most capital for any of this year’s startup carriers.

This story is about: A220, Breeze Airways, financing, leasing Filed Under: Airplanes and Airports

Gogo prices new debt, anticipates huge savings

21 April 2021 By Seth Miller Leave a Comment

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 paid.

This story is about: BizAv, business aviation, debt, financing, gogo, IFC, in flight, in-flight connectivity, inflight connectivity, Intelsat Filed Under: IFEC

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

6 April 2021 By Seth Miller 1 Comment

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.

This story is about: Air France, China Eastern, COVID-19, Delta Air Lines, financing, KLM, Orly, ORY, Paris, Paris-Orly, slots Filed Under: Airplanes and Airports

GTCR boosts Gogo stake

1 April 2021 By Seth Miller Leave a Comment

GTCR, a leading private equity firm, will convert all of its $105.7 million principal amount of Gogo’s 6.0% Convertible Senior Notes due 2022 into shares of Gogo’s common stock. The deal will see GTCR receive 19.1 million shared of Gogo stock, giving the company a 28.6% ownership stake in Gogo.

This story is about: financing, gogo, GTCR Filed Under: IFEC

Viasat raises $175 million in share sale

24 July 2020 By Seth Miller Leave a Comment

A rendering of something approximating a ViaSat-3 satellite

Viasat’s liquidity got a strong boost this week the company placed $175 million in shares through private transactions. The deal bolsters Viasat’s cash balance while not assuming additional debt, an important longer term factor for the company’s success.

This story is about: financing, ViaSat, ViaSat-3 Filed Under: IFEC, PremCat

Norwegian declares itself "fully funded through 2020 and beyond"

8 November 2019 By Seth Miller 8 Comments

Norwegian 787 with deicing at night

Norwegian’s financials, or potential lack of such, have raised eyebrows in the aviation world for some time now. Hoping to put those fears to rest – and continue selling seats as it heads into the traditionally slower winter season – the carrier announced the closing of a ~$275 million financing round. The company declared, “After the completion of the transactions, Norwegian is fully funded through 2020 and beyond based on the current business plan.”

This story is about: co-brand, cobrand, credit card, credit cards, financing, frequent flier, frequent flyer, LCC, LCCs, loyalty, Norwegian, TATL, transatlantic Filed Under: Airplanes and Airports

Gogo closes on $30mm line of credit

27 August 2019 By Seth Miller Leave a Comment

Inflight connectivity provider Gogo announced the closing on its previously announced $30 million revolving line of credit today. The move increases the company’s liquidity to approximately $100 million and does so without adverse impact to the stake of its current shareholders.

This story is about: ATG, ATG-NG, earnings call, financing, gogo, in flight, in-flight connectivity, in-flight internet, inflight connectivity, SmartSky, wifi Filed Under: IFEC, PremCat

PaxEx Premium: Finding future financing

15 April 2019 By Seth Miller

Gogo appears to have solved its most significant short-term challenge, with a $900mm debt offering lined up to provide five years of breathing room as the company inches towards a positive free cash flow.

This content is for subscribers only.
Log In or Register

This story is about: 2Ku, air-to-ground, ATG-NG, debt, financing, gogo, Gogo Vision, Gogo Vision Touch, IFC, IFE, IFEC, in flight, in-flight connectivity, in-flight entertainment, in-flight internet, inflight connectivity, inflight entertainment, Satellite, Streaming IFE, ZTE Filed Under: IFEC, PremCat, Premium

Primary Sidebar

Search PaxEx.Aero

Tweets by WandrMe

Latest News

  • Frontier selling status to anyone with a co-brand credit card
  • Viasat cleared to close on Inmarsat purchase
  • Alaska Airlines, American Airlines to deliver integrated app check-in option
  • Gogo picks Challenger 300 for Galileo certification pilot
  • Honeywell secures Iridium certification for Aspire 350

Footer

Search PaxEx.Aero

  • Privacy Policy

© 2008- Proton Associates, LLC; All Rights Reserved.

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited.