Allegiant Air has commenced a tender offer to purchase its outstanding 2019 5.5% notes for cash.
The ultra low cost carrier said in a quarterly filing in November that it would seek to refinance the issued five-year bond issued in June 2014.
Allegiant will replace the funding with a $450 million term loan that Barclays is arranging and syndicating.
Source: Cirium Dashboard
Chief executive David Neeleman says US start-up carrier Breeze Airways is on track to launch its first international flights early in 2025.
American Airlines’ operations were disrupted by a nationwide ground stop on the morning of 24 December, the height of the winter holiday air travel period.
A former US Marine Corps pilot who allegedly helped train Chinese military pilots will be extradited from Australia to the USA.
