Spirit Airlines traffic results for May 2016
RPMs for May 2016 increased 24.8% year on year with a capacity (available seat miles) increase of 24.0%. Even so, load factor increased to 87.2%, an increase of 0.6% year on year. Spirit’s systemwide ...
RPMs for May 2016 increased 24.8% year on year with a capacity (available seat miles) increase of 24.0%. Even so, load factor increased to 87.2%, an increase of 0.6% year on year. Spirit’s systemwide ...
United Airlines’ board was too isolated in recent years, allowing the carrier to fall behind rivals since its 2010 merger, said Chief Executive Oscar Munoz. Better operational insight might have promp...
United Airlines consolidated traffic (revenue passenger miles) decreased 1.2%, while ASMs increased 0.5% year on year. Consolidated load factor decreased 1.4ppts year on year as a result. United conti...
LATAM Airlines Group and its subsidiaries have reported system passenger traffic increased by 1.2% while capacity increased by 0.3%. As a result, the Company’s load factor for the month increased 0.7p...
Burnham Sterling & Co. LLC (Burnham Sterling), a financial advisor specializing in asset financing, announced that it closed a $450 million private placement for Delta Air Lines Burnham Sterling and a...
Emirates Airline has announced that it will be closing two bonds in full this month, amounting to a total of $1.1 billion, which will be repaid from its own cash resources. The airline announced that...
DVB has financed and aircraft backed loan for two new A330-300s for Guggenheim Aviation Partners. The aircraft are both on long term lease agreements with Delta Air Lines. Vedder Price acted for DVB w...
The finance ministry in Mainz, Germany, is selling its 82.5% stake in regional Frankfurt-Hahn Airport to a Chinese logistics and construction company, Shanghai Yiqian Trading Company, reports the Germ...
As previously reported, Virgin Australia, has formally announced the agreement with HNA Group to form a strategic commercial alliance, which involves HNA buying a 13% stake in the Australian airline f...
On May 27, 2016, Crédit Agricole CIB (CA-CIB) arranged the commercial financing of one Airbus A321-200 aircraft bearing MSN 7143 for Avation. The aircraft will be operated by VietJet Aviation Joint St...
The African Export-Import Bank (Afreximbank) has closed a $750 million bond after achieving an order book of $3.4 billion from 290 investors, the largest ever to be achieved by the bank in the interna...
Fitch Ratings has upgraded Delta Air Lines' Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+'. Fitch has also upgraded Delta's Seattle project bonds to 'BBB-' from 'BB+' and affirmed the 2007...
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