The rumours of a proposed merger between AerCap and GECAS broke over the weekend with a flurry of headlines. GE and AerCap stock jumped on the news in pre-trading so investors seem to like the idea. T...
Headlines everywhere seem to be focused on when people will be able to book holidays. In the UK, the media has been reacting to the prime minister’s indication that people perhaps shouldn’t consider b...
The United States has approved a further $14 billion bailout package to support the country's airlines and their workers through September 2021. The third bailout package is part of the $1.9 trillion ...
NATS and NAV Canada are now using the pandemic’s freeing up of the skies to test giving pilots free rein to chart their own flight paths between Europe and North America. NATS and NAV Canada, which ar...
Minneapolis-based Sun Country Airlines Holdings Inc. has filed for an initial public offering as planned. Sun Country will list its shares on Nasdaq under the symbol SNCY. Sun Country, backed by Apoll...
Wadia Group has brought back it’s Rs3,000 crore (US$411m) IPO plans for GoAir and has appointed Citigroup, Morgan Stanley and ICICI. That is a reduction of 40% on the original asking price in 2019 pri...
Getting people back into the air will inevitably involve price reductions, but fuel prices are beginning to creep higher, even though most of the global economy remains in lockdown. Oil prices hit a o...
The European Union has waded-in on the state aid wrangling at Air France-KLM. The EU has insisted that the airline group must give-up 24 Paris ORY slots in return for further state aid. That lead to A...
Boeing sold $9.825 billion of bonds yesterday, as it looked to refinance its over-levered balance sheet. Boeing is borrowing to repay a portion of the $13.8 billion loan it drew down at the onset of t...
The Boeing 10-K filing last week cut the backlog for its 777X to 191 orders - 38% fewer than previously thought. Boeing has seen demand fall away for large expensive aircraft as airlines fight for sur...
ICAO has confirmed that international passenger traffic fell 60% during 2020, bringing air travel totals back to 2003 levels. ICAO data shows that seat capacity fell by 50% last year, with just 1.8 ...
HNA Group stated today in a post that the Group received a notice issued by the Hainan Provincial Higher People’s Court that creditors had applied to the court for bankruptcy proceedings to begin “due...
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