Spirit releases second quarter 2019 guidance

Spirit releases second quarter 2019 guidance

🕔10:47, 15.Jul 2019

Spirit Airlines expects top line revenue growth of nearly 19% for the second quarter 2019 on a total revenue per ASM (TRASM) improvement of 5% from the same period in 2018. The airline’s available seat miles (ASMs) stood at 10.7

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Airbus Helicopters to introduce new executive committee members

Airbus Helicopters to introduce new executive committee members

🕔10:33, 15.Jul 2019

Airbus Helicopters will introduce a new executive committee on 1 September. The move is said to simplify and strengthen cross-function collaboration within the company, Airbus says. Bruno Even, CEO of Airbus Helicopters, said: “The simplification of our organisation aims at

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Construction contract worth $42.2 million signed for Cambodia airport

Construction contract worth $42.2 million signed for Cambodia airport

🕔10:21, 15.Jul 2019

A CNY 290 million ($42.2 million) deal has been signed to build two new sections of Cambodia’s Siem Reap Angkor International Airport. The contract has been awarded to China’s Shanxi Mechanization Construction Group and includes construction of terminals, aprons, a

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Turkish Airlines announces codeshare partnership with Kuwait Airways

Turkish Airlines announces codeshare partnership with Kuwait Airways

🕔10:12, 15.Jul 2019

Turkish Airlines has announced a new codeshare partnership with Kuwait Airways. Under the agreement, the Kuwait carrier’s code will be added to Turkish Airlines flights, with Turkey’s national carrier’s code added to Kuwait Airways flights. This will be in operation

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Avolon’s senior unsecured debt rating increased by KBRA

Avolon’s senior unsecured debt rating increased by KBRA

🕔09:57, 15.Jul 2019

Avolon Aviation Consultancy has announced that Kroll Bond Rating Agency (KBRA) has upgraded its senior unsecured debt rating from BBB to BBB+, aligning it with the issuer rating. The alignment to issuer rating of BBB+ is driven by the significant

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KBRA makes senior personnel changes

KBRA makes senior personnel changes

🕔09:50, 15.Jul 2019

Kroll Bond Rating Agency (KBRA) has announced four senior personnel changes in its New York office. Anthony Nocera, co-head of the Asset-Backed Securities (ABS) Group, has decided to transition to a senior advisory role at KBRA. Nocera, who joined the

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Hainan Airlines chairman steps down for second time

Hainan Airlines chairman steps down for second time

🕔09:36, 15.Jul 2019

The chairman of Hainan Airlines has stepped down from his position for the second time. Xie Haoming, who was also company director, has cited “job changes” as the reasoning behind his departure. The airline has not disclosed what date Xie

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LATAM looks to repurchase senior notes

LATAM looks to repurchase senior notes

🕔09:28, 15.Jul 2019

LATAM Airlines Group (LATAM) has announced it is looking to repurchase senior notes. The airline will offer to repurchase up to $300 million aggregate principal amount of its outstanding 7.250% senior notes due June 9, 2020. LATAM said in a

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United Airlines further extends 737 grounding until 3 November

United Airlines further extends 737 grounding until 3 November

🕔09:14, 15.Jul 2019

United Airlines has yet again extended its grounding period for Boeing’s 737 Max jets until 3 November, a move which its estimated will result in the cancellation of another 5,000 flights. The airline’s previous grounding period was set for September

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Alaska Air reports June 2019 operational results

Alaska Air reports June 2019 operational results

🕔08:49, 15.Jul 2019

Alaska Air along with its subsidiaries Horizon Air and third-party regional carriers SkyWest Airlines and Peninsula Airlines, have reported its June 2019 operational results. The airline has posted that it flew 4,207 passengers in June 2019, a slight increase of

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