China Eastern Airlines (MU) Friday completed the issue of a 2 billion yuan super & short-term commercial paper (SCP), its sixth batch of SCP this year.
The SCP will have a maturity of 270 yuan, with a face value of 100 yuan and an interest rate of 3.1%.
The Shanghai-based carrier said the fund collected from the SCP will be used to replace loans of the airline and its subsidiaries.
The annual shareholders' meeting 2013 of China Eastern has agreed the airline to issue not more than 20 billion yuan of SCP, with a maturity of not more than 270 days.
Velocity Maintenance Solutions, an FAA-certified provider of maintenance, repair and overhaul services, has announced a significant expansion of its facilities at Wilmington Airport (ILG) in Delaware,...
Viasat has significantly expanded the capacity of its JetXP in-flight connectivity service across the United States, delivering up to five times more bandwidth for business aviation customers equipped...
Gogo has unveiled its long-term vision for the Galileo connectivity platform at NBAA-BACE 2026, outlining a roadmap designed to enhance and protect customer investments well into the mid-2030s and bey...
A Discover Airlines Airbus A330 has become the first Airbus aircraft worldwide to enter regular commercial service after undergoing a full-scale AeroSHARK retrofit, marking a signi...
