Los Angeles-based Air Lease has raised $750 million through its medium term note programme today.
The fixed-rate seven-year notes have a coupon of 3.75%, a source tells FlightGlobal.
Kroll Bond Rating Agency assigns the issuance a rating of 'A-', it says in a statement.
Bank of America, JP Morgan, Mizuho Securities and RBC Capital Markets are joint-lead bookrunners, Bloomberg data shows.
Source: Cirium Dashboard
Toyota Motor Corporation is planning to invest in two phases a total of $500 million into Joby Aviation as the start-up pushes to certificate and commercialise its electric air taxi as soon as next year.
Infantry and aviation soldiers from the Hawaii-based 25th Infantry Division are drilling on a mock-up of Bell’s Future Long-Range Assault Aircraft tiltrotor to help test cabin design and ergonomics for the aircraft, whose primary role will be ferrying assault troops into battle.
Southwest is considering selling some of its older Boeing 737-800s and newer 737 Max jets, in addition to executing aircraft sale-leaseback deals, to boost its weakened financial position.
