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IMF: Ghana targets $10 5 bln of external debt service relief 2023-2026

Ghana's debt restructuring is targeting $10.5 billion of external debt service relief from 2023 to 2026, the International Monetary Fund said late on Wednesday in its Debt Sustainability Analysis.

Indian carrier IndiGo stays profitable on demand, forex boost

IndiGo, India's biggest airline, aims to double its capacity by the end of the decade by expanding its network in the country and flying to new international destinations, its chief executive officer told analysts on Thursday.

Brokerage Charles Schwab joins corporate debt rush with $2 5 billion offering

Charles Schwab Corp is looking to raise up to $2.5 billion through a debt offering, the brokerage said on Thursday as more companies aim to benefit from investors trying to capitalize on a spike in yields.

India s airline turbulence will be felt abroad

Clouds are gathering over the world’s third largest aviation market. India’s Go First has gone into bankruptcy – the country’s second airline to do so since 2019. Its subsequent public and messy spat with engine suppliers and lessors will have ripple effects across the industry and abroad.

Virgin Orbit enters stalking horse bid to sell aircraft assets for $17 mln

Bankrupt satellite launch company Virgin Orbit said on Tuesday it entered into a "stalking horse" agreement with Stratolaunch to sell mainly its aircraft assets, including the "Cosmic Girl" carrier aircraft, for $17 million in cash.

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