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UK's Jet2 raises $584mn via share issuance
UK leisure specialist Jet2 plc says it has raised GBP422 million pounds (USD584.2 million) via a new share issuance to existing shareholders and new investors. In a stock market filing, the Jet2 (LS, Leeds/Bradford) parent said it had grossed total proceeds of approximately GBP422 million through the fundraise which comprised 35,166,654 Placing Shares and subscriptions for 593,561 Retail Shares, in each case at a price of GBP1.18 (USD1.63) per ordinary share. The fundraise, which Jet2 plc said was...
1 month, 4 weeks agoRelated Articles - Airlines
Sheep farmer issues RAAF ‘cease and desist’ noise notice for $15.3m
A sheep farmer near RAAF Base Williamtown took the Air Force to the NSW Supreme Court after it ignored a “cease and desist” notice she personally issued to stop flying aircraft over her property.
1 hr, 46 mins ago
Qantas, BA eye A380 return, China Southern cautious
British Airways (BA, London Heathrow) and Qantas (QF, Sydney Kingsford Smith) have said they expect their respective A380-800s to return to service going forward, while China Southern Airlines (CZ, Guangzhou) expressed a more reserved stance, indicating it would "review" the quadjet's future role. Speaking…
2 hrs, 13 mins ago
Sarajevo to see scheduled inc'l pax service from late 2Q21
3 hrs, 25 mins ago
SriLankan Airlines set to make African debut
4 hrs, 37 mins ago
Alaska Airlines, SkyNRG to Produce SAF from Solid Waste
MIAMI – Alaska Airlines (AS) has signed a partnership with SkyNRG that aims to advance the use of sustainable aviation fuel (SAF) in its aircraft. As stated in a company press release yesterday, both companies signed “a memorandum of understanding (MOU) committing to increased investment in sustainable…
5 hrs, 4 mins ago
Frontier Airlines announces 8 new routes with 4 from Miami and also 3 new summer destinations
Frontier Airlines today announced its expansion of summer 2021 service with eight new nonstop routes, including the addition of three new destinations: Nassau, The Bahamas; San Jose, Costa Rica and St. Maarten. To celebrate the new service, Frontier is offering fares as low as $29*. New Route via Dallas/Fort…
5 hrs, 25 mins ago
Turkish Airlines Flies the Boeing 737 MAX Again
LONDON – Following the Directorate General of Civil Aviation (DGCA) Boeing 737 MAX ban lift, Turkish Airlines (TK) resumed flights with the type today. The airline has an order for 75 Boeing 737 MAX jets. The First of a Long Series The aircraft, which departed today from Istanbul airport to Ankara,…
6 hrs ago
India’s SpiceJet faces $16.2mn lease claim in London court
6 hrs, 13 mins ago
David Fox Receives Top Mx Honors from HAI
HAI recognized David Fox, who has a maintenance and training career spanning five decades, with its Maintenance Excellence Award.April 15, 2021, 2:53 PMDavid Fox, who has a maintenance and training career spanning five decades, was honored with the Helicopter Association International (HAI) Maintenance…
6 hrs, 42 mins ago
DHL Announces Major Asian Pacific Expansion
MIAMI – Leading international cargo carrier DHL (D0) is expanding its routes in Asia and the Pacific to the US and Europe to meet the growing demand for freight services. To do so, D0 counts on its fleet of Boeing 777F freighters, offering up to 2,350 tons of weekly capacity, allowing for increased…
7 hrs, 8 mins agoCategories
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