BA Sep 2024 240.000 put
- Reuters
Brazil's Gol says bankruptcy exit to involve $1.5 billion capital injection
Brazilian airline Gol expects its exit of Chapter 11 bankruptcy proceedings to involve a $1.5 billion capital injection through the issuance of new shares and the refinancing of $2 billion in debt, it said in a securities filing on Monday. The estimates for it to emerge from the restructuring process are part of a broader five-year strategic plan unveiled by the firm, which includes increasing its fleet and boosting operating margins in the coming years. Gol said it would hold a "competitive process" starting in June to evaluate proposals to finance its bankruptcy exit, adding the process should last at least until the end of the third quarter.
- Zacks
Boeing (BA) Secures a $7.5B Contract to Aid JDAM Program
Boeing (BA) is set to supply JDAM tail kits, spares, repairs, technical and Laser Joint Direct Attack Munition sensor kits.
- The Telegraph
Airbus plots folding wings in latest challenge to rival Boeing
Airbus’s UK wing plant is a hive of activity, its production lines humming around the clock to satisfy record demand from the world’s airlines.
