Apollo Global-backed low-cost airline Sun Country has filed to list on the Nasdaq stock exchange despite a troubled time for airlines since the start of the Covid-19 pandemic last year.
A bondholder threat to Bain Capital's buyout of coronavirus-stricken airline Virgin Australia appears to be over after lenders withdrew their plans for a recapitalisation of the business.
Bain Capital's agreed buyout of coronavirus-stricken airline Virgin Australia could be under threat by bondholders attempting to make their own offer to creditors.
The battle to buy coroanvirus-stricken airline Virgin Australia is over after Bain Capital won the bidding war to buy the business.
Bondholders of struggling airline Virgin Australia have made a last-ditch bid to keep the company out of the hands of private equity firms bidding for the beleaguered business.
The private equity arm of activist investor Elliott Management Corp has teamed with Siris Capital to help existing portfolio business Travelport Worldwide weather the coronavirus crisis with up to $1bn of new financing.
