Griffin Global Asset Management (Griffin) has increased the amount available under its unsecured revolving credit facility by $625 million to $1.2 billion and extended the final maturity date for an e...
Allegiant Travel Company Robert P. Wilson III has announced his retirement as the company's chief information officer (CIO). Wilson will officially retire on 1 July, 2024. ""Rob has played an importa...
ASUR's passenger traffic for May 2024 was up 3.1% year-on-year to a total of 5.8 million passengers. Passenger traffic presented year-on-year (YoY) increases of 20.2% in Colombia and 4.3% in Puerto...
Centerline Airport Partners has acquired a 51% stake in Parma International Airport. The acquisition is part of its strategy to enhance air service development, connectivity, customer service, and saf...
FTAI Aviation and IAE International Aero Engines AG (IAE) have signed a five-year maintenance services agreement for V2500 engines. The agreement includes over 100 full performance restoration shop...
American-based activist investor Elliott Investment Management has bought a $1.9bn stake in Southwest Airlines. Following reports, the low-cost carrier's shares rose approximately 7% in premarket trad...
Archer Aviation has received its part 135 air carrier & operator certificate from the Federal Aviation Administration (FAA) on June 5, 2024. This certificate allows Archer to begin operating aircra...
Frontier Airlines has opened a new crew base at Luis Munoz Marin International Airport in San Juan, Puerto Rico (SJU). The base is expected to employ up to 90 pilots and 200 flight attendants withi...
XTI Aerospace has confirmed that its subsidiary, XTI Aircraft Company, has signed a Letter of Intent (LOI) with AVX Aircraft Company to provide development, design, and certification services to suppo...
Delta Air Lines will resume nonstop daily flights from New York-JFK to Tel Aviv from June 7, 2024. The route was temporarily suspended in October 2023 following security risks as Middle Eastern tensio...
S&P Global Ratings has downgraded to 'CCC' from 'CCC+' as the company struggles with its debt and liquidity position. S&P said: ""In our view, recent events indicate a rising probability of a restr...
The US Department of Transport has fined Lufthansa, KLM, and South African Airways for unrefunded flights during the pandemic. Under the consent orders, the three airlines are required to provide t...
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