My Account Menu

CAPA Login


Register to trial CAPA Membership!

Delta Air Lines to raise more than USD688 million by selling aircraft backed notes

25-Nov-2009 12:54 PM

Delta Air Lines reportedly plans to raise more than USD688 million by sale and leaseback 27 aircraft (Washington Post, 24-Nov-2009). The issuance will reportedly be for USD568.8 million of Class A certificates with an interest rate of 7.75% per annum and USD119.9 million of Class B certificates with an interest rate of 9.75% per annum.