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DAE raises $2.3bn in bonds for AWAS deal

DUBAI / Reuters Dubai Aerospace Enterprise (DAE) has priced $2.3 billion in senior bonds split across three tranches, the company said on Sunday. DAE priced $500 million of 4 percent notes due in 2020, $800 million 4.5 percent bonds due in 2022 and $1 billion 5 percent bonds due in 2024, according to a company statement. DAE, the aircraft leasing ...

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JetBlue seeks partners to construct JFK terminal

Bloomberg JetBlue Airways Corp. is looking for investors and developers to help build a new Terminal 6 at New York’s John F. Kennedy International Airport, with possible expansion to include a second facility. JetBlue holds exclusive rights to develop the site of JFK’s previous Terminal 6, which was torn down. The project also may involve the replacement of Terminal 7, ...

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Wizz Air drops cabin-baggage fees

Bloomberg Wizz Air Holdings Plc, Eastern Europe’s biggest discount airline, plans to stop charging customers for carry-on luggage, bringing it into line with rivals Ryanair Holdings Plc and EasyJet Plc as low fuel prices boost earnings. While Wizz had allowed customers to bring aboard small items and laptop bags for free, it imposed a fee of between 10 and 35 ...

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